USD/CAD Holds Key Support Of 1.3950 As Us Dollar Resumes Upside
Photo by on USD/CAD sustains above 1.3950 as the near-term outlook of the US Dollar remains firm. US Initial Jobless Claims came in lower at 213K than estimates of 220K. …
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China’s Puts Export Curbs On Minerals US Needs For Weapons And Technology
In a warning shot to the Trump administration, China tightens export controls on some dual-use minerals.Nikkei Asia reports . China plans to tighten export controls on key “dual-use” technologies and items …
Read More Nvidia’s Own Success Is Standing In The Way Of Its Stock Price Gains
Image Source: Nvidia stock slips despite a strong Q3 and upbeat guidance. Continued deceleration in revenue growth is hurting its share price. NVDA is still up some 200% versus …
Read More Elliott Wave Technical Analysis: Euro/U.S. Dollar – Thursday, Nov. 21
EURUSD Elliott Wave Analysis Trading LoungeEuro/U.S. Dollar (EURUSD) Day ChartEURUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 3 Direction (Next Higher Degrees): Orange wave 4 Details: Orange wave …
Read More Why Bets Are Rising On A December Rate Cut In Turkey
Image source: The Central Bank of Turkey kept rates on hold at 50% at its November rate-setting meeting, in line with consensus. The latest MPC statement includes changes that provide additional support to …
Read More GBP/USD Analysis: Struggles Near 6-Month Low Amidst Uncertainty
The gains made yesterday by the GBP/USD currency pair to the resistance level of 1.2715 quickly evaporated. Concurrently, it returned to stabilizing around its six-month low, currently around the 1.2650 …
Read More Nvidia’s Guidance Weighs On Equity Futures
Image Source: Equity futures, which are being pulled lower by a pre-market decline in Nvidia () shares, point to a soft market open later this morning. While Nvidia delivered October quarter …
Read More Deere & Company Beats Expectations With Q4 FY’2024 Results
Image Source: Deere & Company (NYSE: ) a notable decline in its financial performance for the fourth quarter of fiscal 2024, reflecting the challenges faced in the current market environment.The company …
Read More About The Dollar, Euro And Bitcoin
Image Source: The market is on the fence about a Fed rate cut in December and this has left FX traders scratching their heads. Overall, the US Dollar has been …
Read More US Dollar Flattens After Fed’s Williams Delivers Dovish Comments
The US Dollar flattens on Thursday after Fed’s Williams said he sees inflation cooling and interest rates falling. Investors will look at Jobless Claims data and further comments from Fed …
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