Category Finance

The AUDUSD on Friday, found support buyers at the 200-hour MA (currently at 0.66949). Earlier on Friday, sellers leaned against the 100 bar MA on the 4-hour chart at 0.6733. Today, the buyers took control once again near the 200 bar MA in the early Asian session, and…

Closing changes in Europe: Stoxx 600 -0.2%German DAX -0.4%Francis CAC -0.3%UK’s FTSE 100 flatSpain’s IBEX +0.4%Italy’s FTSE MIB flat This article was written by Adam Button at www.forexlive.com.

WH economic advisor Lael Brainard is no the news wires saying: It is now important to safeguard progress in US labor market.US economy has reached important turning point in fight against inflation.Inflation is coming back down close to normal levels.It is critical to continue work to address affordability…

The USDJPY moved to the lowest level since July 31 2023 after falling below the end of December low at 140.248. The low price extended to a somewhat random level at 139.570 before rotating back to the upside. That move has now taken the price back above the…

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F In the kickstart video for September 16, I take a technical look at the 3 major currency pair vs the USD – the EURUSD, USDJPY and the GBPUSD. This week, the US Fed, Bank of England and the Bank of Japan will all meet. At their last…

US stocks are mixed to start the trading week. The Dow is higher (and trading at a new all-time high), but the broader S&P and NASDAQ indices are lower. Recall that last week both of those indices rose each of the trading days for the week. That came…

Sector Overview The stock market today presents a mixed bag with distinct sector performances as reflected on the heatmap. Technology is facing challenges while healthcare and energy sectors are showing resilience. Technology: Sectors within tech are under pressure. Microsoft (MSFT) is down slightly by 0.12%, and major setbacks…

I could probably count a dozen instances in the past week or so of economists I respect saying the Fed should cut 50 basis points but probably will only cut 25 bps. At some point, that chorus grows so loud that it tips the balance. We’re likely at…