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EUR/USD Extends Downside To Near 1.0850, With All Eyes On ECB Rate Decision

EUR/USD Extends Downside To Near 1.0850, With All Eyes On ECB Rate Decision

Image Source: Pixabay EUR/USD weakens to around 1.0850 in Thursday’s Asian session.  Traders expect that the Fed will proceed with modest interest rate cuts over the next year.  The ECB is widely expected to cut interest rates at its October meeting on Thursday.  The EUR/USD pair extends its decline to near 1.0850 during the early Asian session on […]
What Is Gold’s Recent Consolidation Telling Us?

What Is Gold’s Recent Consolidation Telling Us?

Image Source: PixabayGold has not gone anywhere in the last couple of weeks but remains only slightly below the all-time high of $2685 it hit in late September. Following a sharp recovery at the back end of last week, gold’s momentum faded on Monday, perhaps on disappointment about the lack of details of China’s stimulus measures […]
GBP/USD Seems Vulnerable Below 1.3000, Its Lowest Level Since August 20

GBP/USD Seems Vulnerable Below 1.3000, Its Lowest Level Since August 20

Photo by Colin Watts on Unsplash  GBP/USD consolidates Wednesday’s softer UK CPI-inspired fall to over a two-month low. Bets for a BoE rate cut in November weigh on the GBP and the major amid a bullish USD. Hopes for a less aggressive Fed policy easing favor the USD bulls ahead of the US data. The GBP/USD pair remains […]
Top Value Stocks Nearing 52-Week Highs With Stellar Dividends

Top Value Stocks Nearing 52-Week Highs With Stellar Dividends

Image Source: PexelsValue investors and income seekers will want to pay attention to several stocks that are standing out among the coveted Zacks Rank #1 (Strong Buy) list.Edging toward new 52-week highs, here are three of these highly-ranked stocks that still stand out in terms of valuation while offering very generous dividends.Finance Stocks: AB & AXAHYThe […]
Current Report: T-Mobil US

Current Report: T-Mobil US

Image Source: PixabayDeutsche Telekom merged its T-Mobile USA  unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the us,T-Mobile (TMUS) now serves 77 million postpaid and 21 million prepaid phone customers, equal to around 30% of the us retail wireless market.The firm entered the […]
Elliott Wave Intraday View In Silver (XAGUSD) Favoring The Upside

Elliott Wave Intraday View In Silver (XAGUSD) Favoring The Upside

Image Source: PexelsShort Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal […]
Small-Cap Russell Dominates Stock Market Hump Day

Small-Cap Russell Dominates Stock Market Hump Day

Image Source: UnsplashMarkets were up across the board today, with the blue-chip Dow notching yet another all-time closing high. The Dow gained +337 points, +0.79%, for the session. The S&P 500, which had last posted an all-time closing high on Monday, was just short today, up +0.47% but 14 points off its Monday closing high.The tech-heavy […]
2 Top Stocks To Buy For Streaming Exposure: NFLX, ROKU

2 Top Stocks To Buy For Streaming Exposure: NFLX, ROKU

Image Source: PexelsZacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you’re interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.Let’s take a closer look at the ‘Streaming Content’ theme and analyze a few stocks within.Streaming ContentStreaming content is […]
Asia Morning Bites For Thursday, Oct 17

Asia Morning Bites For Thursday, Oct 17

Image Source: UnsplashWeak Japanese and Singapore trade figures have already been released today, though there is no big cause for concern for either number. Australian employment data comes in way stronger than expected. Nothing wrong with the Australian labour market. And China is to provide yet more communication on its plans for stabilising the property market. Global Macro and […]
Stripe looking to acquire stablecoin payment network Bridge

Stripe looking to acquire stablecoin payment network Bridge

Key Takeaways Stripe is in advanced discussions to acquire Bridge, a platform specializing in stablecoin transactions. The deal could significantly enhance Stripe’s capabilities in the stablecoin sector. Share this article Stripe, the privately-owned payments giant, is in discussion to seal a deal to acquire Bridge, a stablecoin payment platform founded by Coinbase alumnus Sean Yu, […]