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EUR/USD Forecast: Sees Downward Pressure In The Short Term

EUR/USD Forecast: Sees Downward Pressure In The Short Term

At the end of the day, the Euro’s attempt to rally faced resistance against the US dollar in Wednesday’s trading session. The Euro made an initial attempt to rally during Wednesday’s trading session but encountered some resistance against the US dollar. While it presents a more favorable performance compared to the previous Tuesday, the Euro […]
Cardano’s Market Value Drop: A Comprehensive Analysis

Cardano’s Market Value Drop: A Comprehensive Analysis

Recent Market Movements of CardanoThe digital currency Cardano has recently experienced notable market fluctuations. As of a recent report, ADA’s value fell sharply to $0.5187, marking a significant 17.04% decrease within a day, a trend not seen since May 11, 2022. This downturn reduced Cardano’s market capitalization to approximately $21.1343 billion, accounting for about 1.25% of […]
GBP/JPY Price Analysis: Refreshes Weekly High Above 182.00

GBP/JPY Price Analysis: Refreshes Weekly High Above 182.00

 Image Source: Pexels   GBP/JPY rises swiftly above 182.00 amid uncertainty over timeframe of BoJ’s exit to loose policy. The UK Composite and Services PMI are seen remaining unchanged. Advancing 20-EMA indicates strength in the bullish bias. The GBP/JPY pair prints a fresh weekly high slightly above 182.00 as investors capitalize on risk-on mood. The cross […]
Sensex Today Trades Higher; NTPC & Tata Motors Top Gainers

Sensex Today Trades Higher; NTPC & Tata Motors Top Gainers

Asian shares continued to fall on Thursday as global selloff continued.The Nikkei index tanked 1.1%, while Hang Seng was trading flat. Meanwhile, Shanghai index was trading 0.4% lower.US stock indices ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal […]
Get Used To Making Less

Get Used To Making Less

Image Source: Unsplash  Each new year brings a myriad of projections about politics, investing, life, global warming, and all things in between. I view most as “for entertainment purposes only,” trying not to take them too seriously.I pay attention to investment pundits who have walked the walk, coupled with a solid, proven track record over a […]
FX Daily: Mixed Fed Minutes Leave Dollar Momentum Intact

FX Daily: Mixed Fed Minutes Leave Dollar Momentum Intact

Image Source: UnsplashHawks and doves might both be satisfied with yesterday’s Fed minutes. Stressing conditionality seems inconsistent with March cut expectations, but the openness to a QT exit and concerns about the economy point the other way. Still, FX is driven by large swings in the equity market, and the dollar has retained momentum. Eurozone CPI prints are now […]
Market Briefing For Thursday, January 4

Market Briefing For Thursday, January 4

‘Tactical’ analysis – is more pertinent than ‘technical’ analysis, at least for the moment. So far we ascertain this ‘B’ wave (finally delivered in the wake of an overwrought ‘ascending wedge’ S&P upside blow-off) has prospects of at least more evolution, given known variable that could impact fundamentals.Freepik‘As goes the first week of the first month goes […]
SPDR ETF Report For Wednesday, January 3

SPDR ETF Report For Wednesday, January 3

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, January 3.Video Length: 00:19:26More By This Author:Financial Markets Report For Wednesday, January 3Metals Report For Wednesday, January 3SPDR ETF Report For Tuesday, January 2
2 Agriculture Stocks To Buy For The New Year

2 Agriculture Stocks To Buy For The New Year

Image Source: PexelsAfter such an incredible year for the stock market in 2023, investors will certainly be looking for buy-the-dip candidates as a market pullback is to be expected at some point.In this regard, a few agriculture stocks are attractive as they look poised to move higher even as a potential correction for the broader market […]
EUR/GBP Loses Ground Above 0.8600 Ahead Of German CPI Data

EUR/GBP Loses Ground Above 0.8600 Ahead Of German CPI Data

Image Source: Pixabay EUR/GBP remains on the defensive near 0.8625, ahead of Eurozone mid-tier data. The German Unemployment Rate remained flat at 5.9%, as expected. Traders anticipate that the Bank of England (BoE) will cut rates as soon as May 2024. The EUR/GBP cross finds some support around the weekly low of 0.8610 and hovers around […]