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Remember, the Fed wants to lower stock prices to reduce the wealth effect and help slow inflation. The SandP 500 opened lower to start Thursday’s session and then continued to decline. But by noon...

2 Minutes

Forex

NZD/USD, CAPPED AT 0.5870, CONSOLIDATES LOSSES AROUND 0.5800

James Rogers 30 października, 2022 0 Comment

Kiwi extends losses after failure at 0.5870. US dollar strengthens amid cautious market sentiment. NZD/USD expected to weaken further in coming weeks – Credit Suisse. NZD heads south for the second straight day on...

2 Minutes

Forex

SILVER PRICE FORECAST: XAG/USD DROPS BELOW $19.50 AS TRADERS BRACE FOR NEXT WEEK’S FOMC DECISION

James Rogers 30 października, 2022 0 Comment

Silver is falling below the 100-day exponential moving average (EMA) and extending its losses to the 50-day EMA at $19.08. US Core PCE rose 5.1% on the year, beating estimates, paving the way for...

1 Minute

Forex

AUDJPY PRICE ANALYSIS: PLUNGES FROM MONTHLY HIGHS, STRUGGLES TO RECLAIM THE 100-DMA

James Rogers 23 października, 2022 0 Comment

AUD/JPY rebounds from weekly highs and ends the week with a minimal loss of 0.07%. The Japanese authorities intervened in the currency market to strengthen the Japanese yen. AUD / JPY Price Forecast: The...

1 Minute

Forex

GBP/USD CONTAINED AT THE 1.1220 AREA ON ITS REVERSAL FROM 1.1300

James Rogers 23 października, 2022 0 Comment

A reversal from 1.1300 finds support at 1.1220. Weak UK data and political uncertainty weigh on the pound. GBP / USD, approaching the top of the triangle. £ failed to attack 1.1300 earlier on...

2 Minutes

Forex

EUR/USD DROPS FROM AROUND THE 20-DAY EMA AS SENTIMENT DETERIORATES

James Rogers 16 października, 2022 0 Comment

EUR/USD erased Thursday’s gains and lost 0.53% on Friday. In the United States, consumer sentiment improved even as retail sales slowed. EUR/USD Price Forecast: Price above 20-day EMA may challenge 0.9800; Otherwise, it may...

1 Minute

Forex

EUR/GBP RETURNS ABOVE 0.8700 AFTER UK’S FINANCE MINISTER’S DISMISSAL

James Rogers 16 października, 2022 0 Comment

The Euro’s recovery from the 0.8600 area extends above 0.8700. Pound weakens after PM Truss sacks his finance minister. EUR/GBP resistance is at 0.8750 and 0.8865. , euros rises on Friday after a sharp...

0 Minutes

Forex

“More competition in the traditional game”, the reference to Activision

James Rogers 9 października, 2022 0 Comment

A planned acquisition of a major video game publisher and console maker has run into regulatory hurdles. Let’s see how the buyer works to fulfill the contract. Find out about our latest news, articles...

1 Minute

Forex

U.S. Employment Jumps Slightly More Than Expected In September

James Rogers 8 października, 2022 0 Comment

(RTTNews) – The Labor Department released its closely watched monthly jobs report on Friday, showing that US employment grew slightly more than expected in September. The report showed that non-farm payrolls increased by 263,000...

1 Minute

Forex

Ambac Assurance Reaches $1.84 Bln Settlement On All Its Claims Against Bank Of America

James Rogers 8 października, 2022 0 Comment

(RTTNews) – Financial holding company Ambac Financial Group (AMBC), whose subsidiaries include Ambac Assurance Corp or AAC, announced on Friday that AAC has entered into an agreement to settle all of its claims against...

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