Japanese yen is one of the best performing G10 currencies today following a beat in CPI data for April. USDJPY is pulling back and looking towards a test of a recently-broken resistance zone at 138.00. Source: xStation5
Japanese yen is one of the best performing G10 currencies today following a beat in CPI data for April. USDJPY is pulling back and looking towards a test of a recently-broken resistance zone at 138.00. Source: xStation5
NIKKEI 225 index is one of the best performing indices. Price is near the all time high level at 30,500 points.
The Australian Dollar (AUD) experienced a decline as doubts arose regarding China’s economic recovery. The latest statistics unveiled a slowdown in activity, with industrial production growing at 5.6% year-over-year until April, falling short of the forecasted 10.9% and below March’s 3.9%. Similarly, retail sales for the same period reached 18.4%, missing the expected 21.9% and […]
Futures based on indexes from the Old Continent point to slightly higher opening of today’s trading session in Europe. Markets are looking nervous ahead of the macro publications scheduled for today, which are likely to dictate how the future monetary policy of the major central banks will be created. The crypto market extends bearish trend […]
Gold consolidates at the levels above $2,000.
Gold price continues its bullish trend trajectory on Tuesday. The price of gold is currently trading around $2,030 per ounce, which is a +0.41% daily change. The upward trend channel has provided continuous positive support to gold prices – marked with dark blue parallel lines. The stochastic indicator is beginning to gather positive momentum, indicating a […]
The largest lodging company that does not own a single property, we are talking about Airbnb (ABNB.US) has demonstrated its ability to scale the business effectively, achieving profitability for the first time in 2022 while simultaneously improving margins. In addition, ultra-low rates may be placed on your 2026 convertible notes, while competitors may be left looking for possible […]
The U.S. dollar edged higher in early European trade Tuesday, while sterling retained strength ahead of this week’s Bank of England policy-setting meeting. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% higher at 101.183, but remains not far from recent lows. The greenback […]
The Australian dollar (AUD) is one of the strongest G10 currencies today, which has to do with several factors: Surplus in Australia As Bloomberg points out, the latest budget update, which will be released on Tuesday, will most likely show a surplus in fiscal 2022/2023, although subsequent years will most likely see a return to a deficit. […]
US natural gas prices trade over 4% higher today, bring a combined rebound off the Friday’s low to almost 8%. Improved sentiment towards natural gas prices can be reasoned with higher forecasted temperatures for key states which hint at increased demand for cooling. Over a third of power plants in the United States are gas-operated […]