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Pound to dollar rate above 1.29 as fed eur/usd reaction key

The Pound came under pressure after the European open on Tuesday and the Pound to Dollar (GBP/USD) exchange rate dipped to lows just below 1.2810. The...

July 26, 2023, 9:59 am

What's in the cards for virgin galactic (spce) in q2 earnings?

Virgin Galactic's (SPCE) Q2 results are likely to reflect the positive impact of an increased focus on commercial space travel. However, earnings may ...

July 26, 2023, 9:25 am

Nzdusd at range midpoint but bullish pressure rising

NZDUSD is hovering a tad below the midpoint of the rectangle that has been in place since February 2023, as market participants have been unable to st...

July 26, 2023, 8:05 am

Visa's q3 profit boosted by consumer spending and summer travel demand

Visa's Q3 profit rose 22% year-over-year as consumers continue to spend, especially on travel. However, shares traded slightly in the red after-hours ...

July 26, 2023, 8:00 am

Toast sets new standard in restaurant management platforms

At first glance, it's easy to mistake Toast, Inc. NASDAQ: TOST as a delivery application like Door Dash Inc. NASDAQ: DASH or an Uber Technologies Inc....

July 26, 2023, 7:00 am

Eur/aud daily outlook

Daily Pivots: (S1) 1.6210; (P) 1.6331; (R1) 1.6398; More… Intraday bias in EUR/AUD stays neutral and further rally is still in favor with 1.6231 sup...

July 26, 2023, 6:49 am

Usd/cad daily outlook

Daily Pivots: (S1) 1.3143; (P) 1.3176; (R1) 1.3206; More…. Intraday bias in USD/CAD remains neutral for the moment, and outlook is unchanged. Furthe...

July 26, 2023, 6:38 am

Eur/usd daily outlook

Daily Pivots: (S1) 1.1022; (P) 1.1054; (R1) 1.1088; More… Intraday bias in EUR/USD is turned neutral with 4H MACD crossed above signal line. Near te...

July 26, 2023, 5:53 am

Japan keeps overall view on the economy in july

The overall assessment on the economy was maintained as "recovering moderately" with consumption, capital expenditure and exports remaining firm. But ...

July 26, 2023, 5:40 am

Eur/usd and sub-$1.10 hinged on a fed chair powell curveball

It is a quiet start to the day for the EUR/USD. However, it will be a busy end to the day, with the Fed delivering its pre-summer interest rate decisi...

July 26, 2023, 5:30 am

Dax set for a bullish open on corporate earnings pre fed

It is a quiet day for the DAX, with no euro area economic indicators to spook investors. However, corporate earnings and Fed bets will move the dial. ...

July 26, 2023, 5:00 am

Gold price forecast: xau/usd reclaims 100 dma, further upside hinges on fed chair powell

However, Gold buyers have turned cautious in the lead-up to the Fed policy announcements. Dovish Fed outlook could see Gold price catching a fresh bid...

July 26, 2023, 4:44 am

Fed to hike 25bps, too soon to confirm it’s last

FOMC is widely anticipated to increase interest rates by 25bps to between 5.25-5.50% today, following a brief pause in June. Recent chatter among fina...

July 26, 2023, 4:00 am

The schx-spy divergence suggests a hiding place

Large-cap funds such as Schwab U.S. Large-Cap ETF and SPDR S&P 500 Trust ETF have historically performed almost identically. However, during recent ma...

July 26, 2023, 2:54 am

Hedge funds sell usd ahead of the fomc meeting

Recently, gold prices settled by -0.41% at 59309 as the dollar and bond yields rose. However, hopes for a pause in US rate hikes limited the decline a...

July 26, 2023, 2:06 am

Aud to usd forecast: bulls eye $0.6850 on sticky inflation rally

It is a busy day ahead for the AUD/USD. Australian inflation numbers could deliver a pre-Fed breakout. Hawkish or dovish will be the question, however...

July 25, 2023, 11:15 pm

7 growth stocks to buy before they mint millionaires

Millionaire-maker growth stocks have seen significant appreciation this year. However, for many growth stocks, their stock prices don't reflect the n...

July 25, 2023, 9:12 pm

Runway growth finance: benefit from a high yield for now

Runway Growth Finance Corp. is currently appealing due to its high dividend yield of over 11%; however, this is expected to decrease in the coming yea...

July 25, 2023, 9:11 pm

Goods fall as services rise: invest for changing tides with dbmf

Consumers proved resilient this summer, prompting growing investor hopes of a soft landing this fall. Services are the only real benefiters of consume...

July 25, 2023, 6:41 pm

Pegasystems has ai-related upside potential but customers grow timid

Pegasystems Inc. provides a range of workflow automation software to organizations. The firm has seen strong client interest in its AI-enhanced produc...

July 25, 2023, 6:27 pm


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