Technical Analysis
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USD/INR trades steadily ahead of India/US flash PMI data
The Indian Rupee opens on a stable note against its major peers ahead of India’s flash private sector PMI data.…
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Japanese Yen sticks to recovery gains as Japan’s cabinet approves stimulus package
The Japanese Yen stalls its recent slide amid intervention fears and reviving safe-haven demand. Fiscal concerns and BoJ rate hike…
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Nvidia’s Perfect Earnings
Nvidia: near perfect earnings report sends stocks soaring Nvidia has reported Q3 results, and the numbers are huge. The company…
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Gold remains on the defensive below $4,100 amid sustained USD buying, ahead of US NFP
Gold drifts lower on Thursday as reduced Fed rate cut bets continue to boost the USD. The risk-on impulse also…
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Japanese Yen sticks to modest gains amid safe-haven flow; lacks follow-through
The Japanese Yen attracts safe-haven flows on Wednesday amid intervention fears. A softer USD also exerts pressure on USD/JPY ahead…
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Chart of The Day – USD/JPY
The USD/JPY is currently trading around 155.40. Today’s movements remain clearly influenced by fundamental factors, with the balance of power between…
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Nvidia Results Preview: what to expect and can they save the AI trade?
This Wednesday, Nvidia will report results for last quarter. Analysts are expecting an extraordinary set of results. Revenues for last…
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Let The AI Battle Commence – Huawei v Nvidia
Huawei has announced groundbreaking AI software that could double the efficiency of its Ascend chips. This is a significant step…
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Gold remains depressed near one-week low; bears await break below $4,000
Gold attracts sellers for the fourth straight day amid reduced December Fed rate cut bets. Economic concerns weigh on the…
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Australian Dollar pares losses as US Dollar declines on market caution
Australian Dollar trims daily losses due to the cautious sentiment surrounding the RBA policy stance. RBA Meeting Minutes could keep…
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