Evening star threatens 216.00 support
The GBP/JPY failed to sustain the 217.00 breakout, reversing to the 216.50 area as traders faded the move, exacerbating the decline to current exchange rates. At the time of writing, the cross-pair exchanges hands with losses of 0.36%. GBP/JPY Price Forecast: Technical Outlook Price action shows GBP/JPY making a U-turn, opening the door to further […]
Marvell earnings preview: what Nvidia’s results mean for MRVL
Marvell earnings preview: what Nvidia’s results mean for MRVL Source link
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Reduce Bets On Dovish Fed – FXEmpire
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Retreats As Traders Reduce Bets On Dovish Fed FXEmpire Source link
Consolidation range with upside risks against US Dollar – Commerzbank
Commerzbank’s Dr. Henry Hao and Charlie Lay highlight that Taiwan’s booming AI-driven exports and strong external surplus create a fundamentally supportive backdrop for the Taiwan Dollar (TWD). Despite robust Gross Domestic Product (GDP) and export growth, the Central Bank of the Republic of China (CBC) is expected to keep rates at 2%, intervening to smooth […]
Exclusive-Puck in advanced talks for investment by RedBird Capital Partners at $250 million valuation
Exclusive-Puck in advanced talks for investment by RedBird Capital Partners at $250 million valuation Source link
Trading Gold Online: The Mechanics of an XAUUSD Position – EBC Financial Group
Trading Gold Online: The Mechanics of an XAUUSD Position EBC Financial Group Source link
Canadian Dollar falls as trade tensions outweigh Oil, US PCE
USD/CAD rises 0.30% on Wednesday, trading around 1.3880 at the time of writing. The pair remains supported by renewed trade tensions between the United States (US) and Canada, which weigh on the Canadian Dollar (CAD), while the latest US inflation figures provide some support to the US Dollar (USD). However, rising Oil prices offer a […]
Sodexo plans to cut more than 1,000 jobs in France
Sodexo plans to cut more than 1,000 jobs in France Source link
Gold Price Forecast: XAU/USD corrects to near $4,620 in countdown to US PCE Inflation data – FXStreet
Gold Price Forecast: XAU/USD corrects to near $4,620 in countdown to US PCE Inflation data FXStreet Source link
Gold pauses recovery as US PCE inflation test approaches
Gold (XAU/USD) edges lower on Wednesday as buyers trim their exposure ahead of the US Personal Consumption Expenditures (PCE) Price Index data, due at 12:30 GMT. At the time of writing, XAU/USD trades around $4,615 after reaching $4,697 on Tuesday, its highest since May 14. The Federal Reserve’s (Fed) preferred inflation gauge is expected to […]
