Technical Analysis
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USD/JPY – Holds above 157.00; bulls seem hesitant amid intervention fears
USD/JPY moves away from a two-month low following the release of a softer Tokyo CPI print. A modest USD uptick…
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USD/CAD – Descending 20-day EMA supports more downside
USD/CAD trades cautiously around 1.3580 amid the US Dollar’s underperformance. Investors await Fed speeches for fresh cues on the US…
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Technical Analysis – Gold gains 1.5% amid weakening US dollar
Aweaker US dollar and lower Treasury yields are supporting a rebound in gold prices, which are attempting to break their…
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Apple earnings beat Wall Street estimates iPhone sales below expectations
Apple (AAPL.US) reported its latest quarterly results, but the market reaction has been muted — shares barely moved in after-hours…
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S&P 500 companies with the record net margin since 2009 – FactSet data
S&P 500 profit margins remain remarkably resilient despite concerns over higher oil prices. According to FactSet data, the blended net…
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Silver – XAG/USD struggles to build on intraday gains beyond $75.00
Silver attracts buyers for the second straight day on Friday, though it lacks follow-through. The mixed technical setup warrants some…
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EUR/USD Price Holds onto gains near 1.1730
EUR/USD trades firmly near 1.1735 amid weakness in the US Dollar. Investors await the ECB commentaries and the US ISM…
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XAU/USD holds in tight range as Iran tensions and mixed Fed signals curb upside
Gold lacks any follow-through buying as bulls seem hesitant amid mixed fundamental cues. Iran tensions underpin the USD, though reviving…
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AUD/JPY Price Gains ground, maintaining bullish bias above 100-day EMA
AUD/JPY edges higher to around 113.10 in Friday’s early European session. The cross keeps a positive tone above the 100-day…
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Trade of The Day – SUGAR
Facts: In Brazil, the world’s largest producer of sugarcane and sugar, a significant portion of sugarcane is expected to be…
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