British Pound Bolts Higher on Soft US Dollar and BoE Hawks. Will it Keep Going?
The British Pound moved to higher ground in Asia today as several Bank of England speakers spruiked inflation wariness. Can it break more resistance levels?
The British Pound moved to higher ground in Asia today as several Bank of England speakers spruiked inflation wariness. Can it break more resistance levels?
Lyss Tj Roberts started trading in 2012 and quit a year later when all of the small cap stocks she had invested in went bankrupt.
The Dow Jones rises for the fourth consecutive day and briefly marks an intraday high, supported by risk-on mood in response to positive corporate earnings and constructive profit guidance.
Tesla beat analysts’ expectations for the third quarter, but prices failed to move higher in after-hours trading. Supply chain issues will be under the microscope on this evening’s earnings call.
The Australian Dollar may remain under pressure as APAC traders digest prevailing risk trends and economic growth fears. RBA minutes are in focus against an otherwise light economic docket.
Recent developments in the RSI indicate a further appreciation in NZD/USD as the oscillator pushes into overbought territory for the first time since February.
The price of gold may stage a larger recovery during the Federal Reserve’s blackout period as it extends the series of higher highs and lows from the start of the week.
CAD rate to remain on the frontfoot heading into Bank of Canada Meeting. CPI prints above estimates.
The grouping of tech giants, commonly known as ‘FANG’, soared to an all-time high yesterday on Netflix earnings hype and increased earnings optimism
The recent EUR/USD rally is looking under pressure as US Treasury yields near levels last seen over 18 months ago.