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AUD/USD Hovers Around The 0.6800 Mark In The First Trading Day Of 2024, US PMI Data Eyed

AUD/USD Hovers Around The 0.6800 Mark In The First Trading Day Of 2024, US PMI Data Eyed

Image Source: DepositPhotosThe AUD/USD pair drifts lower on the first trading day in 2024 during the early Asian session on Tuesday. The markets remain quiet in the first week of the year. The pair currently trades around 0.6808, losing 0.04% on the day.On Tuesday, the Australian Judo Bank final Manufacturing PMI for December 2023 came […]
GBP/USD: Weekly Forecast 1st January – 6th January

GBP/USD: Weekly Forecast 1st January – 6th January

The GBP/USD touched a high of nearly 1.28280 last week, this was accomplished on Thursday. The GBP/USD however finished the week near the 1.27230 level and it can be argued technically that the currency pair didn’t produce much in the way of gains last week. Holiday trading certainly affected the GBP/USD. Light volumes in Forex were demonstrated […]
BTC/USD Forecast: Builds Up Momentum 
                    
A Breakout? Possibly

BTC/USD Forecast: Builds Up Momentum A Breakout? Possibly

Anticipating an eventual breakout, it is essential to consider the broader economic context.  Bitcoin has displayed a slight positive bias in recent trading sessions, albeit remaining within a relatively stable range. This price consolidation is a typical phenomenon in late-year trading, where the market often endeavors to alleviate some of the exuberance stemming from previous upward […]
BYD Says Its Vehicles Sales Jumped 62% In 2023

BYD Says Its Vehicles Sales Jumped 62% In 2023

BYD Company Limited (BYDDF) is in focus on Monday after reporting a massive year-on-year increase in vehicle sales in 2023. How many vehicles did BYD sell last year?The electric vehicles company sold a total of just over 3.0 million units last year which represents a near 62% increase versus 2022.1.6 million of these were battery EVs while the […]
Two Strategies For Making Better Financial Choices In 2024 
                    
 

Two Strategies For Making Better Financial Choices In 2024  

Image Source: DepositPhotosThe Aesop Fable known as The Ant and the Grasshopper offers a profound commentary on life and work. Its moral is at once striking and compelling, regardless of the reader’s background.One version of the fable goes as follows: One bright day in late autumn a family of Ants were bustling about in the warm sunshine, drying out […]
Current Analysis: Equinor (EQNR)

Current Analysis: Equinor (EQNR)

Equinor SA (EQNR) is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake.Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of […]
Johnson & Johnson Is A Trending Stock: Facts To Know Before Betting On It

Johnson & Johnson Is A Trending Stock: Facts To Know Before Betting On It

Image Source: DepsoitPhotosJohnson & Johnson (JNJ) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future.Over the past month, shares of this world’s biggest maker of health care products have returned -1%, compared to […]
EUR/USD Forecast: January 2024

EUR/USD Forecast: January 2024

December provided EUR/USD traders with a rather difficult track if they were not prepared with solid risk management. The first two weeks of the month delivered a test of emotional fortitude for EUR/USD speculators, particularly if they had bullish sentiment. Trading started in a hectic manner as a late November selloff produced a low of nearly 1.08300 […]
S&P 500 Forecast: Looks At Highs 
                    
Final Session of the Year

S&P 500 Forecast: Looks At Highs Final Session of the Year

Given the prevailing circumstances, adopting a strategy of purchasing during price dips appears rational.  Friday’s trading session demonstrated initial attempts to stage a rally. However, the 4,800-level proved to be an insurmountable hurdle. This level marks the historical pinnacle of the market and encountering resistance when approaching it is entirely expected. The current market conditions […]
ETF Battles: VOO Vs. Mega Cap ETFs – Triple Header

ETF Battles: VOO Vs. Mega Cap ETFs – Triple Header

Image Source: DepositPhotosIn this episode of ETF Battles, Ron DeLegge ETF guide referees an audience requested triple header contest between mega cap ETFs from Blackrock (IWY) and Invesco (XLG) dueling against the S&P 500 ETF from Vanguard (VOO). Which ETF is the best investment choice?Video Length: 00:21:37 More By This Author:ETF Battles: VOO Vs. Mega Cap ETFs – […]