Category Archive: Finance, No picture
EUR/USD Stabilizes As US Inflation Cools Without Major Surprises
Image Source: Unsplash Following a nervous session last night, the EUR/USD pair is trading near 1.0285 on Thursday morning. The market is now stabilizing. Key developments influencing EUR/USDUS inflation data showed moderate growth, aligning with expectations. As forecast, the Consumer Price Index (CPI) rose by 0.4% m/m in December, maintaining an annualized rate of 2.9% y/y. […]
Upbit faces business suspension and fines over anti-money laundering violations
Key Takeaways Upbit is facing potential suspension and fines due to AML and KYC violations. The Financial Intelligence Unit found 700,000 KYC procedure failures at Upbit. Share this article Upbit, which dominates South Korea’s crypto trading market, faces potential business suspension and fines due to violations of anti-money laundering (AML) regulations, particularly regarding its Know […]
Two Trades To Watch: FTSE, EUR/USD Forecast – Thursday, Jan. 16
Image Source: Unsplash FTSE rises as the pound sinks and growth stalls UK GDP stalls at 0.1% vs 0.2% expected GBP/USD falls below 1.22 Miners led the index higher, tracking iron ore prices higher FTSE breaks out of range The FTSE 100 has risen to an over five-week high after weak GDP data sent the pound […]
TSMC Sees A 57% Fourth Quarter Profit Jump Amid AI Mania
Image Source: Unsplash Taiwan Semiconductor Manufacturing Co. (NYSE: TSM) continues to be a powerhouse in the global semiconductor industry, marking an extraordinary financial milestone with a 57% surge in fourth-quarter profits that reached NT$374.68 billion ($11.4 billion).This remarkable achievement, primarily driven by the exponential growth in artificial intelligence semiconductor demand, has positioned the company for even more […]
USD/CAD Climbs To 1.4385 Amid Sliding Oil Prices, Modest USD Strength Ahead Of US Data
Image Source: Unsplash USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand. Traders now look to the US monthly Retail Sales and Jobless Claims data for short-term impetus. The USD/CAD pair builds on the overnight […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Jan 16
Image Source: UnsplashToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:48More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Q4 Earnings Season Kicks Off Strong
Image Source: Unsplash We are off to a solid start to the 2024 Q4 earnings season, with the big banks not only coming ahead of estimates but also providing reassuring guidance for the coming quarters. One of the best things that can happen this earnings season will be for management teams to validate the robust and […]
The 5 Most Important Gold Charts In 2025
Image Source: UnsplashGold’s big breakout was last year. It exploded through resistance at $2,100/oz, out of its super-bullish cup and handle pattern, and touched $2,800/oz.The measured upside target remains $3,000/oz with a logarithmic target of $4,000/oz. The past cup and handle pattern breakouts I studied went from the measured upside target to the logarithmic target in six […]
Australian Dollar Faces Challenges As Unemployment Rate Rises In December
Image Source: Unsplash The Australian Dollar depreciates as the Unemployment Rate rises to 4.0% in December. Australia’s Employment increased by 56.3K in December, up from 28.2K in November. The US Dollar weakened after the softer US Consumer Price Index for December was released on Wednesday. The Australian Dollar (AUD) broke its three-day winning streak against the US Dollar (USD) following the […]
Markets Rally On Soft CPI, Good Q4 Bank Earnings
Image Source: UnsplashA strong “relief rally” took the market by storm today, flipping a switch as of tepid Consumer Price Index (CPI) numbers and healthy earnings from some of the biggest Wall Street banks. Investors are now sniffing out at least one more Fed rate cut between now and June; there’s no guarantee that a cut is coming, […]
