Forex

Trade of The Day – GBP/JPY

Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can…

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Forex

EUR/USD declines as ECB cuts interest rates, guides grim outlook

EUR/USD slides to near 1.1340 as the ECB reduces its key borrowing rates by 25 bps, as expected. The ECB…

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Metals

Gold corrects from new all-time highs as US makes progress in trade talks

Gold price retraces below $3,300 as US President Trump signaled progress in trade talks with Japan and Mexico. The US-China…

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Markets

A Mixed Open For U.S. Markets

The American stock market opens in mixed moods. Uncertainty in the market persists, and that doesn’t sit well with the…

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Markets

Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron

Eli Lilly announced breakthrough results for its experimental weight-loss pill orforglipron, which demonstrated effectiveness comparable to injectable treatments in a recent clinical…

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Economics

EUR/USD Moves Lower on Fed Williams Comments on no Rate Cuts

Federal Reserve’s John Williams said there’s no need to change interest rates any time soon, as current monetary policy is…

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Markets

Stock of The Week – ASML

ASML Holding (ASML.NL) shares faced significant pressure following its first-quarter earnings report, as the world’s dominant lithography equipment supplier navigates…

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Economics

EUR/USD Undecided After U.S. Macro Data

12:30 PM GMT, United States – Philadelphia Fed Report for April: Manufacturing Index: actual -26.4; forecast 2.2; previous 12.5; Employment: actual 0.2; previous 19.7; Business…

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Economics

ECB Cuts Rates by 25bp

ECB Main Refinancing Rate: Current: 2.40% Forecast: 2.65% Previous: 2.90% ECB Deposit Rate: Current: 2.25% Forecast: 2.25% Previous: 2.50% ECB…

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Markets

The Dow Down 1.3% Pressured by The 20% Crash of United Health Group Shares in Pre-Market

Futures on the Dow Jones Industrial Average (US30) are down nearly 1.3% after one of the index’s largest constituents and…

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