The AUDUSD is trading up and down today. The price has moved up more recently extended to a new session high. In the process, the pair is tested the low of a swing area between 0.65586 and 0.65667 on the 4-hour chart below. A move of the swing area would have traders targeting 0.65785 followed
Month: August 2023
Apple and Amazon will release earnings after the bell today. So what is expected?: Estimates for Apple’s earnings: Revenue: $81.7 billion Earnings per share (EPS): $1.19 iPhone revenue: $39.9 billion iPad revenue: $6.4 billion (down 11% on the year) Mac revenue: $6.6 billion Other products: $8.4 billion Services: $20.8 billion The revenues are expected to
Sterling falls significantly today following BoE’s decision to raise interest rates by only 25bps. This cautious, along with Governor Andrew Bailey’s clear indication that a 50bps hike was not on the table, has resulted in substantial pressure on the Pound. Meanwhile, currency markets remain mixed elsewhere, with Canadian and US Dollar on the softer side,
In this article ANF Follow your favorite stocksCREATE FREE ACCOUNT Fitch Ratings in New York, United States. Cem Ozdel | Anadolu Agency | Getty Images Growing political instability means the U.S. will not regain its AAA rating with Fitch for the foreseeable future, according to Elliot Hentov, head of macro policy research at State Street
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm president and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers at a news conference during CES 2022 in Las Vegas, Nevada, January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance
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In the process of stopping over 1.5 million cyberattacks between March and May, the cybersecurity arm of the former smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries most affected by cyberattacks are finance, healthcare and government, according to the BlackBerry report. A commodity
Share: Economist Enrico Tanuwidjaja and Junior Economist Agus Santoso at UOB Group comment on the latest release of inflation figures in Indonesia. Key Takeaways Indonesia’s headline inflation in Jul eased to 3.1% y/y viz. 3.5% in Jun, underpinned largely by decrease in agricultural commodities due to an improvement in food production and stocks. The implementation
Gold traded in the red on Thursday amid a positive bias in the dollar index (DXY) which is still hovering above the 102 mark against a basket of top six currencies. Anticipation of further rate hikes along with Fitch downgrade in the US credit rating has kept the yellow metal on tenterhooks and prevented it
The OPEC+ production cuts and the expectations of more economic stimulus in China, gave Crude Oil enough strength to break above the key resistance zone around the $75 level. After a brief rally, the price stalled and reversed as the PBoC held off from delivering more rate cuts. Last week though, China has promised more
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Dollar continues to strengthen today, bolstered by prevailing risk-off sentiment that has carried over from US to Asian markets. The surge in benchmark 10-year yields is providing additional support to the greenback, as even Euro has finally conceded a near-term support level against Dollar, further affirming the underlying momentum. Meanwhile, the foreign exchange markets elsewhere
Sinking Spring, PA – April 19: The sign at the McDonald’s restaurant on Penn Ave in Sinking Spring, PA April 19, 2021 with a message on a board below it that reads “Work Here $15 $15 $15”. (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images) Medianews Group/reading Eagle Via Getty Images | Medianews Group
In this article EVGO Follow your favorite stocksCREATE FREE ACCOUNT A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its
Share: NASDAQ Stock Market Report: Analyzing Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms, Netflix (NFLX), and Alphabet (GOOGL) Video Chapters00:00 NASDAQ 100 07:26 Apple (AAPL)10:59 Amazon (AMZN)12:33 NVIDIA (NVDA)13:23 Meta Platforms (META)15:55 Netflix (NFLX) 16:30 Alphabet (GOOGL)17:55 Microsoft MSFT18:33 Tesla (TSLA)21:16 End Welcome to our comprehensive stock market report, where we delve
Gold prices edged higher on Wednesday as the U.S. dollar and Treasury yields were bogged down after Fitch downgraded the country’s credit rating, souring confidence in the economy ahead of key data due this week. FUNDAMENTALS * Spot gold was up 0.2% at $1,948.43 per ounce by 0122 GMT, while U.S. gold futures rose 0.3%