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Pressure on the chinese yuan is a tailwind for the dollar

This is one of the key charts to watch today as not only does it pertain to risk sentiment in general, it also has some bearing on the dollar's streng...

August 14, 2023, 4:36 am

Risk on the defensive ahead of european trading

Despite the best efforts by Beijing to try and defend the yuan, it is on the verge of its lowest levels since November last year against the dollar. A...

August 14, 2023, 4:10 am

Investors are cautious ahead of key us inflation data. relations between the us and china are deteriorating again

By JustMarkets At yesterday’s stock market close, the Dow Jones Index (US30) decreased by 0.54%, while the S&P 500 Index (US500) was down by 0.70%. ...

August 10, 2023, 11:48 am

Why portillo's stock dropped 14.8% this week

Portillo's is facing higher costs and hasn't raised prices fast enough to offset those costs. New units opening in the second half of the year are sti...

August 4, 2023, 3:20 pm

Wall st futures slip as treasury yields hit nine-month high

Wall St futures fell on Thursday as a jump in U.S. bonds yields, spurred partly by Fitch’s downgrade of U.S. long-term credit rating, pressured rate...

August 3, 2023, 12:51 pm

Solaredge casts another cloud over industry, but bulls aren't fretting amid stock's plunge

Another solar company has warned of demand challenges, and that's dragging down shares of industry play...

August 2, 2023, 1:10 pm

Elliott wave update of usdjpy – august 2nd, 2023

Fitch surprisingly downgraded the credit rating of the United States, dragging the US dollar down again...

August 2, 2023, 7:04 am

Trucking expert calls yellow bankruptcy a ‘travesty, one of the largest' within the industry

Yellow Corp.'s expected bankruptcy was decades in the making, says FreightWaves' Craig Fuller, who argues Teamsters were "...

August 1, 2023, 11:30 am

Stock indices in negative territory ahead of fomc

As the Fed decision looms at the top of the hour, the major indices are trading lower led by the NASDAQ index. The Dow is down marginally. A close low...

July 26, 2023, 5:51 pm

Elliott wave update of usdcad – july 26th, 2023

USDCAD is down by about 50 pips this week as traders brace for the Fed's interest rate decision and Jay Powell's comments later today. Can the bears k...

July 26, 2023, 6:38 am

Gbp/usd: will the pair rise towards its support level at $1.2870?

GBP/USD is approaching 1.2900, having met fresh supply in early Europe. The pair is resuming a four-day downtrend while fading the Asian bounce. A pau...

July 20, 2023, 10:14 am

Gold price forecast: xau/usd on its way to $2,000 ahead of mid-tier us data

The US Dollar Index briefly recaptured the 100.50 psychological barrier, dragging Gold price lower to t...

July 20, 2023, 4:14 am

Sterling falls on softer uk inflation numbers

The report here helps to pull back the recent hawkish market pricing on the BOE and that is dragging th...

July 19, 2023, 6:13 am

European markets seen opening weak ahead of earnings updates

Markets in Europe are expected to open on a weak note on Tuesday amidst anxiety ahead of the next round of corporate earnings. Weak growth in China is...

July 18, 2023, 6:16 am

Tesla, ford electric trucks shake up ev stocks

News about Tesla Inc. and Ford Motor Co.'s electric pickup trucks shook up EV-related stocks on Monday, draggi...

July 17, 2023, 11:56 am

Tesla discounts set to power quarterly revenue growth, hit profit

Tesla's strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while ...

July 17, 2023, 6:05 am

Why did nike stock fall 6% in the first half of 2023?

Foot Locker released surprisingly bad earnings in May, dragging Nike lower and wiping out previous gain...

July 11, 2023, 9:19 pm

Eurozone june final services pmi 52.0 vs 52.4 prelim

Prior 55.1Composite PMI 49.9 vs 50.3 prelimPrior 52.8The lower revision sees the euro area services sector growth fall to a five-month low and that is...

July 5, 2023, 8:01 am

Usd/cad: risks remain to the hawkish side for the boc and the bullish side for the loonie – hsbc

GBP/USD is trading below 1.2700, having broken its consolidative range to the downside in European trading. Hawkish Fed bets help revive the USD deman...

July 3, 2023, 11:59 am

Usd/jpy: rebound could extend toward 149 and the previous high of 152 on a break above 145/146.10 – socgen

GBP/USD is trading below 1.2700, having broken its consolidative range to the downside in early Europe. Hawkish Fed bets help revive the USD demand, <...

July 3, 2023, 8:59 am


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