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Archives by Year:
USD/CAD Rises To 1.3660 As US Dollar Moves Higher Ahead Of FOMC Minutes
The USD/CAD pair moves higher to 1.3660 in Wednesday’s American session. The Loonie asset gains as the US Dollar rises amid caution ahead of the release of the Federal Open Market Committee (FOMC) minutes, which will be published later the day.The FOMC minutes will provide more cues about whether policymakers are comfortable with market expectations for the Federal […]
The Energy Report: Empty The Tank.
Empty Ideas just empty the tank. The Biden Administration wants to try to convince Americans that despite being the most anti-fossil fuel administration in history they still want to see low gas prices even as their policies say otherwise. The latest move by the Biden Administrations to sell that point to voters is a move to […]
GBP/JPY Rises After UK Inflation Data Beats Analysts’ Estimates
GBP/JPY pushes higher after UK inflation data comes out above analysts’ estimates. The data could delay when the BoE cuts interest rates – a supportive factor for GBP. GBP/JPY may have seen gains capped after Japanese bond yields broke above 1.0% for the first time in over a decade. GBP/JPY rises to the 199.20s on […]
Gold Analysis: Why Is Gold Rising?
Gold and silver futures continued their record gains this week, supported by expectations of Federal Reserve policy and strong investor and retail demand. While precious metals prices gave up some of their overnight gains, gold and silver prices remained elevated. According to gold trading platforms, gold futures rose to $2450.80 an ounce, a new all-time […]
How XERA Pro makes affiliate marketing accessible for everyone
The digital landscape is a whirlwind of innovation, and affiliate marketing has become a cornerstone for individuals to generate income while promoting products and services they truly endorse.However, within the burgeoning realm of blockchain technology, a groundbreaking opportunity beckons – XERA Pro’s revolutionary affiliate marketing program.Beyond Income: A Mission-Driven PartnershipFinancial gain is undeniably a motivator, […]
Asian Stock: Korea Aerospace Industries
Company: Korea Aerospace Industries LimitedBloomberg ticker: 047810 KSMarket cap: US$3,739mBackground: Korea Aerospace Industries Limited is a Korean aerospace and defense company and Korea’s only aircraft maker. It was founded in 1999 under the leadership of the government with Samsung, Hyundai, and Daewoo. The company designs and manufactures aircraft, fighter jets, satellites, space launch vehicles, and aero structure products. World […]
Elliott Wave Technical Analysis: Spotify Technology S.A. – Wednesday, May 22
Image Source: Unsplash SPOT Elliott Wave Analysis Trading Lounge Daily Chart,Spotify Technology S.A., (SPOT) Daily ChartSPOT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 5.DIRECTION: Upside in Minor 5 DETAILS: Looking for start moving higher after trading around TL3 at 300$. Looking for further upside towards at least the end of MG2 at 330$.SPOT Elliott Wave Analysis Trading Lounge […]
Analog Devices Shines In Q2 2024 With Revenue Surpassing Expectations
Image Source: Pexels Analog Devices, Inc. (Nasdaq: ADI) reported its financial results for the fiscal second quarter of 2024, which ended on May 4, 2024, showcasing a robust performance despite challenging macroeconomic conditions.The company reported revenue of $2.16 billion, exceeding its outlook’s midpoint. This performance highlights the resilience of Analog Devices’ business model, even amidst ongoing inventory […]
Target Shares Tumble After Retailer Reports ‘Caution’ About Weak Consumer
Target’s shares slumped in premarket trading in New York after the retailer’s comparable sales missed Wall Street’s consensus estimates for the quarter that ended May 4. This comes as Goldman analysts have warned about faltering low-income consumers in the era of failed Bidenomics. Comparable sales—those from stores or digital channels operating for at least 12 months—declined 3.7% in the […]
S&P 500 Still Treading Waters, NVDA In Focus
Stock prices continue sideways ahead of the important data. Will this mark a local top?The stock market didn’t do much yesterday, with the S&P 500 index extending a consolidation following run-up last week and closing 0.25% higher. Last Thursday, it reached a new record high of 5,325.49 after breaking above the previous highs from March […]
