Technical Analysis
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JP225 gains 2%
Key takeaways JP225 rallied from around 67,700 to 69,700 points between 2 PM GMT and 8:45 AM GMT, extending its…
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Asia in the green – is optimism returning to the markets?
It is noteworthy that today marks a trading holiday in the US markets. Americans are observing an extended weekend in…
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Stock of the Week – Adobe, is AI taking its future away?
Just a few years ago, Adobe was considered one of the best software companies in the world. Its subscription model…
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AeroVironment jumps 13% on $500M U.S. Army counter-drone contract
AeroVironment shares (AVAV.US) are gaining around 15% after the company announced a $500 million contract with the U.S. Army to…
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Gold advances to $4,200 neighborhood as reduced Fed hike bets keep USD depressed
Gold attracts buyers for the third consecutive day as receding Fed hike bets undermine the USD. Geopolitical uncertainties could limit…
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AUD/JPY Price – Holds gains near 112.00, but bearish bias persists below key moving averages
AUD/JPY edges higher to near 111.75 in Friday’s early European session. The cross keeps the bearish vibe, with subdued RSI…
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EUR/USD Price – Trades cautiously higher near mid-1.1400s amid mixed setup
EUR/USD gains positive traction for the second straight day amid a modest USD weakness. Receding bets for an interest rate…
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GBP/USD Price – Gathers strength above 1.3350, but stays capped below 100-day average
GBP/USD gains ground to near 1.3360 in Friday’s early European session. The major pair remains capped below the key 100-day…
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Wheat gains as USDA points to the smallest harvested area since 1877
Wheat prices have risen for a third consecutive session after the U.S. Department of Agriculture (USDA) downgraded its outlook for…
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Gold Regains Luster Thanks to Weak NFP
Worse-than-expected US labor market data reduces the likelihood of US interest rate hikes, weakening the dollar and boosting gold prices…
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