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About Info :Forex market insights ? FX news ? Cryptocurrency news ? Forex and Cryptocurrency analytics ? Trading tips and strategies ? FXOpen forex broker
Forex market insights, fx news, cryptocurrency news, Forex and cryptocurrency analytics, trading tips and strategies by FXOpen forex broker.
According to media reports, speaking via video link at the Qatar Economic Forum, Elon Musk stated that he plans to:
→ remain Tesla’s CEO for another five years;
→ reduce his focus on politics, saying he feels he has already done enough;
→ increase his stake in the
As shown on today’s XBR/USD chart, Brent crude oil prices have jumped (as indicated by the arrow) to a one-week high. This surge follows U.S. intelligence reports suggesting that Israel may be preparing to strike Iran’s nuclear facilities.
Although CNN, citing officials, noted that
The EUR/USD and GBP/USD currency pairs are showing moderate gains following a recent correction, supported by fundamental factors weakening the US dollar. Trade uncertainty, a rising national debt, and declining confidence in US exceptionalism have led to a fall in US asset values and a rise in the
EUR/USD started a decent upward move above the 1.1225 resistance. USD/JPY declined below 144.50 and is currently consolidating losses.
A month ago, in our analysis of the UNH chart, we:
→ highlighted that UnitedHealth shares had lost nearly 23% in value;
→ drew a descending channel and suggested that bearish pressure could continue, threatening the support level around $450, which had held since early 2022.
Since then, UNH’
Today, the Reserve Bank of Australia (RBA) decided to cut the interest rate from 4.10% to 3.85%, continuing its easing policy after a previous cut from 4.35% in February.
According to Reuters, the RBA today cited:
→ progress made in bringing inflation under control;
→ economic risks
In this video, well explore the key economic events, market trends, and corporate news shaping the financial landscape.
On Thursday, the US retail giant reported its quarterly results — which turned out to be broadly better than expected. While total revenue was roughly in line with analysts’ forecasts, earnings per share came in higher at $0.61 versus the expected $0.57.
At the same time, Walmart
On Friday, 16 May, after markets had closed, Moody’s Ratings announced a downgrade of the long-term sovereign credit rating of the United States from the highest level of Aaa to Aa1. The key reasons cited by Moody’s were the rising national debt and interest payments, as
Gold price started a fresh increase above the $3,210 resistance level. WTI Crude oil prices are gaining bullish momentum and might even test $63.50.
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