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Worried about meta's metaverse experiment? you need to see this chart
Meta Platforms' return on invested capital fell by nearly half over the last two years. Meta's Reality Labs unit's losses continue to grow....
October 6, 2023, 5:31 am
Pound sterling price news and forecast: gbp/usd faces downward pressure ahead of us employment data
GBP/USD looks to retrace recent gains, trading slightly lower around 1.2180 during the Asian session on Friday. However, the pair received upward supp...
October 6, 2023, 4:59 am
Gbp/usd hovers below 1.2200 ahead of us employment data
GBP/USD looks to retrace recent gains, trading slightly lower around 1.2180 during the Asian session on Friday. However, the pair received upward supp...
October 6, 2023, 4:44 am
Usd/jpy could correct lower, us nonfarm payrolls next
Key Highlights USD/JPY struggled above 150.00 and reacted to the downside. It traded below a key bullish trend line with support at 149.00 on the 4-ho...
October 6, 2023, 3:13 am
Gold gains on soft equities, us data
Gold inched up on Wednesday, after falling the most in nearly two weeks in the previous session, as share markets retreated on w...
October 6, 2023, 1:44 am
Rba - small but rising share of australian households in early stages of financial stress
From the Reserve Bank of Australia Financial Stability Review (full text here) Global financial stability risks are elevated and growingRisks include ...
October 6, 2023, 1:30 am
Gbp/usd oscillates in a range below 1.2200, eyes us nfp for fresh directional impetus
AUD/USD gains traction above the mid-0.6300s and extends its upside for two straight days during the early Asian trading hours on Friday. The upside o...
October 6, 2023, 1:29 am
Eur/usd gains traction above 1.0540 ahead of the german factory orders, us nfp
AUD/USD gains traction above the mid-0.6300s and extends its upside for two straight days during the early Asian trading hours on Friday. The upside o...
October 5, 2023, 11:59 pm
Oil on track for sharpest weekly decline since march
Oil prices were on track for their steepest weekly decline since March despite rising in early trade on Friday, on growing w...
October 5, 2023, 10:04 pm
Gbp/jpy price analysis: oscillates below the kumo, with buyers eyeing 181.60s
boosting the EUR/USD pair to 1.0550, the highest level in three days. The decline of the Greenbakc looks corr<...
October 5, 2023, 9:59 pm
Major us indices close today with modest losses
The major indices are closing it fractionally lower. For the week, the Dow and S&P are lower, the NASDAQ is unchanged versus last week's closing level...
October 5, 2023, 8:13 pm
What are the key technical levels in play for usdjpy through the us jobs report
Tomorrow the key US jobs report will be released at 8:30 AM. For a preview, see Adam's post HERE. Depen...
October 5, 2023, 7:10 pm
Nasdaq index, sp500, dow jones forecasts – stocks rebound from session lows
Traders are not ready for big moves ahead of Non Farm Payrolls report, which will be released tomorrow....
October 5, 2023, 6:22 pm
Walmart worries weight loss drugs could be a problem for food sales
Walmart (WMT) cites the growing trend of weight loss drugs, such as Novo Nordisk's (NVO) Ozempic, impacting its food sales. Strategic Resource Group M...
October 5, 2023, 6:10 pm
Natural gas, wti oil, brent oil forecasts – oil retreats amid demand worries
Traders fear that high interest rates will put too much pressure on the economy and reduce demand for oil. The post Natural Gas, WTI Oil, Brent Oil Fo...
October 5, 2023, 5:46 pm
Fund returns: tech stabilizes after down month, utilities and gold mining down – large-cap winners and losers
The VanEck Gold Miners ETF provides exposure to the largest gold mining companies in the world. The performance of the underlying equities tends to c<...
October 5, 2023, 5:44 pm
Gold, silver, platinum forecasts – gold tests $1815 as pullback continues
Silver and platinum are moving lower amid worries about a potential slowdown of the economy. The post G...
October 5, 2023, 5:19 pm
Usd / cad – canadian dollar lags significantly
Challenger Job cuts and weekly jobless claims on tap. – Yield curve inversion/recession talk resurfaces. – Canadian dollar underperforms as US dol...
October 5, 2023, 4:59 pm
Eurusd tests/breaks 200 hour moving average. hmmm.
The EURUSD buyers have taken the price to a new high for the day, and in the process is moving above its 200 hour moving average at 1.05358. At the sa...
October 5, 2023, 4:56 pm
Gbp/usd, eur/gbp forecast: sterling brushes off pmi data and eyes recovery
GBP Eyes a recovery ahead of US data tomorrow despite a poor showing on the PMI data front. The BoE sur...
October 5, 2023, 4:08 pm