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Imf affirms yen’s movement rooted in fundamentals; intervention unwarranted

Sanjaya Panth, Deputy Director of IMF’s Asia and Pacific Department, indicated that Yen’s depreciation this year is primarily driven by fundamenta...

October 16, 2023, 1:15 am

Boa says the federal reserve and us government should "stop playing superman"

Bank of America analysts say that US Treasury yields dropping back from the recent 16-year highs are encouraging:BofA Rates Strategy holds the baselin...

October 15, 2023, 10:07 pm

Super micro computer: price consolidation amid strong fundamentals

Super Micro Computer, Inc. reported impressive Q4 2023 financial results with a significant increase in net income. The company's annual net sales for...

October 15, 2023, 9:24 pm

Earnings outlook: tesla reports earnings this week, and it’s ‘all about margins’

A fresh round of price cuts has renewed concerns about Tesla’s margins ahead of the this week’s earnings. Read Full Story The post Earnings...

October 15, 2023, 7:46 pm

Microsoft copilot brings ai to windows and outlook, microsoft exec on 'reimagining everything we do'

Microsoft is "reimagining" everything they do, all because of artificial intelligence. One of the main ways they are doing it is with their new progra...

October 15, 2023, 1:00 pm

Weekly market outlook (16-20 october)

UPCOMING EVENTS:Monday: Japan Industrial Production, NZ CPI, PBoC MLF.Tuesday: RBA Meeting Minutes, UK Jobs report, German ZEW, Canada CPI, US Retail ...

October 15, 2023, 9:38 am

A bull market could be here: 3 reasons to buy coca-cola stock

Its ability to innovate and adapt is a significant driver behind its consistent revenue growth. Its upward revision of full-year guidance signals stro...

October 15, 2023, 8:15 am

Japanese yen technical outlook: usd/jpy, eur/jpy, aud/jpy price setups

USD/JPY’s rally has stalled recently as it hovers around stiff resistance at the psychological 150 mark, not too far from the 2022 high of 152.00. H...

October 15, 2023, 5:59 am

Aud/usd rate eyes monthly low amid failure to push above 50-day sma

The comments suggest the FOMC is preparing to shift gears later this year as the updated Summary of Economic Projections (SEP) reflects an improved...

October 14, 2023, 7:59 pm

Eur/usd weekly forecast: euro weaker on geopolitics & us inflationary pressures

Focus on China, Israel-Palestine and economic data. EUR/USD could re-test yearly lows at 1.0445. Elevate your trading skills and gain a competitive ed...

October 14, 2023, 10:14 am

Eur/usd weekly outlook

EUR/USD’s recovery from 1.0447 finished at 1.0639 last week after rejection by near term falling trend line. Initial bias is mildly on the downside ...

October 14, 2023, 9:23 am

Usd/jpy weekly outlook

USD/JPY recovered further last week but stayed below 150.15. Initial bias remains neutral this week and more consolidative trading could be seen. On t...

October 14, 2023, 9:18 am

Gbp/usd weekly outlook

GBP/USD’s rebound from 1.2036 extended higher last week but was rejected by near term falling channel resistance, and fell notably since then. Initi...

October 14, 2023, 9:14 am

Usd/chf weekly outlook

USD/CHF recovered ahead of 38.2% retracement of 0.8551 to 0.9243 at 0.8979 last week. But upside was capped by 55 4H EMA (now at 0.9075). Initial bias...

October 14, 2023, 9:09 am

Aud/usd weekly report

With the late decline last week, AUD/USD’s recovery from 0.6284 should have completed at 0.6444 already. Decisive break of 0.6284 this week will res...

October 14, 2023, 9:01 am

Visa: a winner no matter the rising delinquencies and charge-offs

V still dominates the payment processor market, accounting for 39% of all payment card purchase transactions globally in 2022. However, delinquencies ...

October 14, 2023, 9:00 am

Usd/cad weekly outlook

USD/CAD’s rebound last week argues that pull back from 1.3784 has completed at 1.3568. Initial bias is mildly on the upside this week for retesting ...

October 14, 2023, 8:56 am

Gbp/jpy weekly outlook

GBP/JPY rose to 183.79 last week but retreated notably since then. Initial bias remains neutral this week first. For now, the favored case is still th...

October 14, 2023, 8:47 am

Eur/jpy weekly outlook

EUR/JPY edged higher to 158.60 last week but retreated notably since then. Initial bias is neutral this week first. For now, the favored case is still...

October 14, 2023, 8:43 am

Eur/gbp weekly outlook

EUR/GBP rebounded strongly after initial dip to 0.8614 last week. Corrective pull back from 0.8704 could have completed, after drawing support from 55...

October 14, 2023, 8:33 am


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