Technical Analysis
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Japanese Yen sticks to strong Tokyo CPI-inspired gains, lacks bullish conviction
The Japanese Yen attracts some buyers following the release of a strong Tokyo CPI print. The BoJ’s hawkish stance and…
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GBP/USD Hovers around 1.2950 near nine-day EMA
GBP/USD challenges the immediate resistance near the four-month high of 1.3014. The pair climbs above the nine-day EMA, strengthening the…
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Philip Morris Starts New U.S Marlet Expasnion With New IQOS
Philip Morris (PM.US) officially launched its IQOS heated tobacco device in Austin, Texas on Thursday, priced at $60 with tobacco…
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The Cost is 15% For Gamestop Blundering Bitcoin Bias
GameStop (GME.US) shares are down nearly 15% today, erasing yesterday’s rebound, which was largely driven by news that the company…
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Dollar Tree Sells Family Dollar For $1Billion, Shares Gain 10%
Dollar Tree shares jumped nearly 10% Wednesday after the discount retailer announced the sale of its troubled Family Dollar chain…
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Trade of The Day – EUR/CAD
Facts: EUR/CAD is trading 2 standard deviations above the 200-day simple moving average (SMA200). The Bank of Canada (BoC) would…
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Final U.S. GDP Slightly Higher; Jobless Claims Below Expectations
US Q4 2024 GDP final QoQ came in at 2.4% vs 2.3% exp. US Core PCE Prices Final: 2.6% (Forecast 2.7%,…
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Sell-Off Continues in Europe, Automotive Companies in Focus
General market situation: European stocks are losing ground today, extending the downward correction initiated yesterday. The German DAX is currently losing…
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XAU/USD Surges 1.1% And Aproaching ATH
Gold surges above $3055 as US tariffs fuel safe haven demand💡 Yesterday, Donald Trump announced 25% tariffs on autos, signaling…
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AUD holds gains as US Dollar struggles ahead of Q4 GDP Annualized data
The Australian Dollar rises despite rising risk-off sentiment amid concerns over impending US auto tariffs. The AUD could find support…
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