Financial News Editor

The EUR/USD pair is currently experiencing a slight downward trend, with the intraday bias leaning towards the downside. Analysts predict that the fall from the short-term peak of 1.0947 could continue towards the 55-day...

Bitcoin recently experienced a drop in price, falling back to the 64000 level due to general market risk-off sentiment. Despite this, from a fundamental perspective, the data continues to show strong growth, decreasing inflation,...

The Black Lives Matter group has criticized the Democratic Party for anointing Kamala Harris as the presumptive nominee without a public voting process. They believe that this move threatens the integrity of democracy and...

Ford Motor Company fell short of Wall Street's expectations for its second-quarter earnings, causing its stock to plummet by 11%. Although the company exceeded revenue projections, its earnings per share were below what analysts...

The euro initially dropped on Wednesday but has since bounced back. In the current North American trading session, EUR/USD is at 1.0860, showing a 0.07% increase for the day.Eurozone PMI numbers came in weaker...

Goldman Sachs has predicted that there will be a $7 billion stock dump by CTAs amidst the market decline. This forecast comes with a high risk warning as foreign exchange trading carries a high...

NextEra Energy is contemplating the possibility of restarting the Duane Arnold Energy Center in Palo, Iowa, which ceased operations in 2020 after serving for 45 years. The decision comes as there is a growing...

The Bank of Canada recently made the decision to lower the overnight rate to 4.50% from 4.75%, while also confirming that Quantitative Tightening (QT) will continue. In the statement released by the Bank, a...

Foreign exchange trading is known to carry a high level of risk, which may not be suitable for all investors. It is essential to understand that leverage can create additional risk and increase the...

The USDJPY currency pair has been on a downward trend and has reached its lowest point since May 16. This decline has caused the price to drop below the 50% mark of the upward...

The United States is experiencing a significant increase in power consumption due to the rise of AI data centers, electrification, and industrial growth. As the country progresses, it is crucial to upgrade the power...

Alphabet, the parent company of Google, exceeded earnings expectations for the second fiscal quarter. This was mainly due to the strong performance in the digital advertising business and the Cloud segment. For the first...

Tesla, the electric carmaker led by CEO Elon Musk, experienced a significant drop in its stock price during pre-market trading in the U.S. The shares fell by over 8% after the company reported earnings...

EUR/USD and USD/CHF Trends AnalysisIn the world of forex trading, the EUR/USD and USD/CHF pairs have been making significant movements. Let's take a closer look at the technical analysis for these currency pairs.EUR/USD Technical...

Foreign exchange trading is a high-risk activity that may not be suitable for all investors. It is important to understand the risks involved, especially when using leverage, which can increase the potential for loss....

The latest data analysis and forecasts for various economic indicators have been released. Here are some key highlights:- In Australia, the Manufacturing PMI for July was reported at 47.2, while the Services PMI stood...

Foreign exchange trading is a risky business that may not be suitable for everyone. It's important to be aware of the risks involved, especially with leverage, which can increase your exposure to losses. Before...

Spot ether exchange traded funds are set to begin trading on Tuesday. This is exciting news for crypto enthusiasts as it will broaden the investor base for Ethereum, a blockchain technology that many believe...

EUR/JPY experienced a significant drop of almost 1% on Tuesday due to the strengthening of the yen following hawkish discussions that suggest the Bank of Japan may increase interest rates. This resulted in the...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. It is important to understand the risks involved before deciding to trade in the foreign exchange market. Leverage can...

AUDUSD has been on a downward trend since July 15, with the bears breaking through the key support level of 0.6690. The pair is now back within a range that it has been trading...

Entering the world of financial markets, investors often find themselves choosing between Forex and Futures trading. Both options have their own advantages and risks, so it's crucial to understand the key differences between them...

NATO's recent focus on China has brought the alliance back to its roots, emphasizing its aggressive nature. During the organization's 75th anniversary summit in Washington, DC, China was a major topic of discussion. The...

The Chicago Federal Reserve's National Activity Index (CFNAI) is a key indicator of economic activity and inflationary pressure, based on 85 monthly indicators. In June, the CFNAI fell to +0.05 from +0.23 in May,...

Wiz has decided to walk away from a massive $23 billion deal with Google, which would have been Google's largest acquisition to date. The company's co-founder, Assaf Rappaport, explained in a memo to employees...

The Federal Reserve is eagerly awaiting the release of key economic data this week to gain a better understanding of the current state of growth and inflation in the US. The upcoming Preliminary GDP...

It's been a rather uneventful summer for the markets lately, with this week starting off on a quiet note that is typical for this time of year. The economic calendar for today is looking...

The U.S. Securities and Exchange Commission has given the green light for exchange-traded funds that hold ether, the world's second-largest cryptocurrency. Trading is expected to begin as soon as Tuesday. Several fund issuers submitted...

Congress has given the Federal Reserve a dual mandate to focus on "maximum employment" and "price stability." In recent years, the focus has been on the latter due to high inflation rates. However, there...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary traders is skewed towards the downside, with many traders having...

Berkshire Hathaway has decided to reduce its substantial stake in Bank of America for the first time in over 4½ years. The conglomerate, led by Warren Buffett, sold 33.9 million shares of the bank...

Last week, EUR/USD saw an increase to 1.0947 before pulling back. The current outlook for this week is uncertain, with the possibility of a further increase as long as the minor support level of...

The upcoming week is packed with important economic events that could impact global markets. Here's a breakdown of some key events to keep an eye on:PBoC LPR (Mon): The People's Bank of China is...

The stock market has been facing some challenges lately due to various factors like upcoming elections and geopolitical tensions. However, investors can still navigate these rough waters by focusing on long-term prospects rather than...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...