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Sunset market commentary
24/05/2023 14:27

Sunset market commentary

Markets In the statements accompanying the March and May policy decisions, the Bank of England ‘guided’ that ‘If there were to be evidence of mo...

Dollar extends to the upside.  new usd highs for the day vs jpy, chf, cad, aud and nzd
24/05/2023 14:27

Dollar extends to the upside. new usd highs for the day vs jpy, chf, cad, aud and nzd

The dollar is making a run to the upside. There are new highs for the day versus the JPY, CHF, CAD, AUD and NZD. The GBPUSD is testing its earlier low...

Futu’s profit jumps 13% as revenue and trading volume grows in q1
24/05/2023 14:04

Futu’s profit jumps 13% as revenue and trading volume grows in q1

Futu Holdings posted $281.4 million in gross profit during first quarter 2023, which is an increase of 13% over the $248.5 million it returned during ...

Japanese yen (jpy) gains some ground as debt ceiling worries mount
24/05/2023 14:00

Japanese yen (jpy) gains some ground as debt ceiling worries mount

USD/JPY has slipped back a little as a deal remains elusive in Congress. The pair remains in clear uptrend though......

The cryptocurrency market digest (btc, cfx). overview for 24.05.2023
24/05/2023 14:00

The cryptocurrency market digest (btc, cfx). overview for 24.05.2023

By RoboForex.com The BTC is balancing near 26,741 USD on Tuesday. Yesterday, the leading cryptocurrency was feeling good and rising in value. However,...

Euro steady despite weak business confidence data
24/05/2023 13:56

Euro steady despite weak business confidence data

Germany’s Ifo Business Climate falls German GDP expected to stall in Q4 EUR/USD is drifting higher on Wednesday and is trading at 1.0781, up 0.11%. ...

On queue...gop negotiator graves says there is not been any progress on talks
24/05/2023 13:54

On queue...gop negotiator graves says there is not been any progress on talks

On queue:GOP negotiator Garret Graves says there is not been any progress on talksEarlier today, McCarthy said:Debt ceiling talks are still productive...

Aud/usd: key support zone under increased pressure
24/05/2023 13:53

Aud/usd: key support zone under increased pressure

Australian dollar hit new (marginally lower) 2023 low on Tuesday, in extension of fresh weakness, sparked by higher US dollar and drop in base metal p...

Usdjpy buyers in control. watch to understand why and what would hurt that bias today
24/05/2023 13:51

Usdjpy buyers in control. watch to understand why and what would hurt that bias today

The buyers are holding support on the hourly and daily chart with work to do. What would keep that bias in the favor of the USDJPY? What are the targe...

Interactive strength inc. d/b/a forme launches european expansion plan by focusing on strategic partnership with signa sports united
24/05/2023 13:48

Interactive strength inc. d/b/a forme launches european expansion plan by focusing on strategic partnership with signa sports united

AUSTIN, TX, May 24, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Interactive Strength Inc. d/b/a FORME (“FORME” or “the Company” or Nasdaq: ...

Euro steady despite weak business confidence data
24/05/2023 13:42

Euro steady despite weak business confidence data

Germany’s Ifo Business Climate falls German GDP expected to stall in Q4 EUR/USD is drifting higher on Wednesday and is trading at 1.0781, up 0.11%. ...

The opening bell:  major indices trading lower
24/05/2023 13:35

The opening bell: major indices trading lower

Major US stock indices open lower. The Dow is down for the 4th consecutive day. The S&P and NASDAQ are working on back-to-back declines. After the clo...

Increasing popularity of algo trading in the fx market
24/05/2023 13:28

Increasing popularity of algo trading in the fx market

The Foreign Exchange market has come a long way from its early days of voice/telephone trading. Before the late 1980s, the FX market was primarily bro...

Us stocks set to open lower
24/05/2023 13:28

Us stocks set to open lower

The Dow industrial average is set to open lower for the 4th consecutive day while the S&P and NASDAQ are adding to their declines from yesterday's tra...

Euro sees near-term boost, commodity currencies pressured
24/05/2023 13:18

Euro sees near-term boost, commodity currencies pressured

Today’s trading session saw broad selling pressure on commodity currencies, partially due to risk-off sentiment prevalent in the market and partly d...

Ceden acquires galaxy rendered expanding the content ecosystem
24/05/2023 13:18

Ceden acquires galaxy rendered expanding the content ecosystem

CEDEN Network Ltd has acquired Galaxy Rendered Limited for an undisclosed sum, strengthening the foundation of the EDEN Content Creation Ecosystem wit...

Can investors in bitcoin or ethereum find excitement in new crypto dogemiyagi?
24/05/2023 13:14

Can investors in bitcoin or ethereum find excitement in new crypto dogemiyagi?

Ethereum, launched in 2015, introduced a groundbreaking concept beyond just digital currency. It is a decentralised platform that enables the developm...

Usd/jpy consolidates around mid-138.00s, just below ytd top ahead of fomc minutes
24/05/2023 13:14

Usd/jpy consolidates around mid-138.00s, just below ytd top ahead of fomc minutes

USD/JPY oscillates in a narrow trading band just below the YTD peak touched on Tuesday. A modest USD pullback from a two-month high and a softer risk ...

Ltc/usd stumbles at horizontal resistance as the $100 level holds
24/05/2023 13:14

Ltc/usd stumbles at horizontal resistance as the $100 level holds

The US dollar’s strength weighs on major cryptocurrencies. A double top pattern at the $100 suggests more weakness ahead. Read Full Story at source ...

Boe bailey says projections show government will meet inflation target this year
24/05/2023 13:14

Boe bailey says projections show government will meet inflation target this year

BOE head Bailey is speaking on the economy and says:Our projections show government will meet inflation target this yearWill not speculate on where Ap...

The rbnz raised the interest rate to a record high. the us can’t agree on raising the debt ceiling
24/05/2023 13:11

The rbnz raised the interest rate to a record high. the us can’t agree on raising the debt ceiling

By JustMarkets The US stock indices ended Tuesday with a negative result. By the close of trading on the stock market Dow Jones (US30) decreased by 0....

For what it is worth....mccarthy says debt ceiling talks are still productive
24/05/2023 13:10

For what it is worth....mccarthy says debt ceiling talks are still productive

The folly continues with McCarthy (for what it is worth) saying that debt ceiling talks are still productive. He adds that negotiators will get togeth...

Clean energy technologies inc. signs framework agreement with a “top 500 enterprises of china”
24/05/2023 13:10

Clean energy technologies inc. signs framework agreement with a “top 500 enterprises of china”

COSTA MESA, CA., May 24, 2023 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy man...

Polyurethane foam market is projected to reach usd 76.65 billion by 2032, with a cagr of 7.20% – report by market research future (mrfr)
24/05/2023 13:07

Polyurethane foam market is projected to reach usd 76.65 billion by 2032, with a cagr of 7.20% – report by market research future (mrfr)

Polyurethane Foam Market Research Report Information By Type (Flexible, Rigid, and Spray), By Application (Building & Construction, Bedding & Furnitur...

Denny’s corporation to present at the oppenheimer 23rd annual consumer growth and e-commerce conference on june 14, 2023
24/05/2023 13:05

Denny’s corporation to present at the oppenheimer 23rd annual consumer growth and e-commerce conference on june 14, 2023

SPARTANBURG, S.C., May 24, 2023 (GLOBE NEWSWIRE) — Denny’s Corporation (the “Company”) (NASDAQ: DENN), owner and operator of Denny’s Inc. (�...

Eurusd sellers had their shot. buyers had their shot. both are bad shots so far.
24/05/2023 13:02

Eurusd sellers had their shot. buyers had their shot. both are bad shots so far.

Sellers tried to push the EURUSD to new lows and below a floor and key swing area but failed. The snapback rally the price back to the falling 100-hou...

Mid-week technical outlook: market mashup
24/05/2023 12:57

Mid-week technical outlook: market mashup

By ForexTime It is certainly shaping up to be another wild week for financial markets thanks to the US debt limit saga. The risk pendulum continues to...

Audnzd short term forecast update and follow up
24/05/2023 12:52

Audnzd short term forecast update and follow up

Hi Traders! AUDNZD short term forecast update and follow up is here. On April 13th 2023 I shared this “AUDNZD Technical Analysis And Short Term Fore...

Bank of america now sees three more bank of england rate hikes
24/05/2023 12:51

Bank of america now sees three more bank of england rate hikes

There has been a parade of boosts to Bank of England rate hike forecasts today following hot inflation data. The CPI report showed prices up 8.7% y/y ...

Ethusd analysis: hong kong to open cryptocurrency trading to retail investors
24/05/2023 12:49

Ethusd analysis: hong kong to open cryptocurrency trading to retail investors

While Coinbase is launching an advertising campaign in Washington to convey to government officials that cryptocurrencies are technologies that can mo...

Ftse drops rapidly to april lows today
24/05/2023 12:47

Ftse drops rapidly to april lows today

The FTSE 100 index is rapidly declining on Wednesday morning amid news of another spike in inflation. The Core CPI (excluding energy, food and tobacco...

Above-expected inflation failed to impress pound buyers
24/05/2023 12:45

Above-expected inflation failed to impress pound buyers

Another release of UK consumer inflation well above expectations has failed to take the issue off the country’s agenda. The report for April showed ...

Gbp/usd dips after disappointing uk inflation
24/05/2023 12:42

Gbp/usd dips after disappointing uk inflation

UK headline inflation falls but the core rate jumps US debt ceiling impasse continues, boosting US dollar GBP/USD is down for a third straight day, tr...

Surfing the waves with gregor horvat: dxy, spx500, dax, eurusd, nzdusd, wti & more!
24/05/2023 12:41

Surfing the waves with gregor horvat: dxy, spx500, dax, eurusd, nzdusd, wti & more!

In today’s advanced ElliottWave analysis, Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses #equit...

Nasdaq 100 technical: bulls getting exhausted
24/05/2023 12:40

Nasdaq 100 technical: bulls getting exhausted

Bearish reversal elements have been sighted for Nasdaq 100 The +30% up move from the 28 December low has reached the upper boundary of the “Ascendin...


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