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Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the USD/JPY declined below the 141.00 and 140.50 levels. It appeared that it
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the GBP/USD retraced back up above 1.2900 and broke resistance levels. It could
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the EUR/USD retraced back up and broke two resistance levels. It could
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the price for gold extended the recovery that had started after
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the USD/JPY declined below the 141.00 and 140.50 levels. It appeared
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the GBP/USD retraced back up above 1.2900 and broke resistance levels.
The renaming of Twitter into X is set to face trademark issues, as nearly 900 firms have active trademarks that use the letter X.
Today, all attention will be on the US Federal Reserve Rate announcement at 18:00 GMT. The event is going to set the base rate on the USD. A hike is expected to increase the USD demand and value, but no hike would decrease it. Prior to the event, the EUR/USD retraced back up and broke two resistance levels. It
The aero-engineering company Rolls-Royce has beat its first-half-year earnings expectations and has increased 2023 profit forecast by 45%. The announcement caused a 24.00% surge of the company's stock price. In addition, the stock has reached highest levels since March 2020. The company's earnings have been boosted by operational improvements, recovery of long range aero flights and increased global military spending.
The aero-engineering company Rolls-Royce has beat its first-half-year earnings and has increased 2023 profit forecast by 45%. The announcement caused a 24.00% surge of the company's stock price. In addition, the stock has reached highest levels since March 2020.
The RIA news agency has revealed that Russia and various African nations are set to meet at a summit to discuss Russian gran and fertilizer shipments.
Both China and Taiwan are preparing for the arrival of a super typhoon named Doksuri. The typhoon has been approaching East Asia.
RTX Corporation, which previously was known as Raytheon Technologies Corporation, has revealed that a major portion of its Pratt & Whitney GTF engines require removals and inspections. The engines are used in the Airbus A320neo jets. The announcement caused a stock price drop of more than 15.50% during the first half hour of the day's New York stock trading
RTX Corporation, which previously was known as Raytheon Technologies Corporation, has revealed that a major portion of its Pratt & Whitney GTF engines require removals and inspections. The announcement caused a stock price drop of more than 15.50% during the first half hour of the day's New York stock trading
The price for an ounce of gold has passed below the support zone at 1,957.25/1,964.20. However, it was observed that the 1,955.00 mark acted as support. Meanwhile, on Tuesday, resistance was encountered in the 1,965.00 level and the 200-hour simple moving average. Economic Calendar Analysis This week, all attention will be on the expected US Federal Reserve Rate hike at 18:00 GMT
The USD/JPY broke the ascending channel by remaining almost flat. The rate declined and found support in the combination of the 50-hour simple moving average and the 141.00 mark. Economic Calendar This week, all attention will be on the expected US Federal Reserve Rate hike at 18:00 GMT on Wednesday. The Federal Reserve is expected to increase base interest rate by 0.25%. On
The GBP/USD has found support in the 1.2800 mark, which caused a move above the resistance and support zone near 1.2850. However, by mid-Tuesday, the rate was back below 1.2850. In general, previous levels are still relevant. Economic Calendar This week, all attention will be on the expected US Federal Reserve Rate hike at 18:00 GMT on Wednesday. The Federal Reserve is
By mid-Tuesday's European trading hours, the EUR/USD had declined to the 1.1040 level, as it passed the weekly S1 simple pivot point at 1.1063. Economic Calendar Analysis This week, all attention will be on the expected US Federal Reserve Rate hike at 18:00 GMT on Wednesday. The Federal Reserve is expected to increase base interest rate by 0.25%. On Thursday, the European Central
Unilever has revealed that it has passed its quarterly sales forecasts. The news boosted the stock price of the company.
The price for an ounce of gold has passed below the support zone at 1,957.25/1,964.20. However, it was observed that the 1,955.00 mark acted as support. Meanwhile, on Tuesday, resistance was encountered in the 1,965.00 level and the 200-hour simple moving average. A decline below 1,955.00 is expected to find support in the 1,950.00, 1,940.00 and 1,932.25 levels. These levels
The USD/JPY broke the ascending channel by remaining almost flat. The rate declined and found support in the combination of the 50-hour simple moving average and the 141.00 mark. In the case of the rate resuming its prior surge, it is expected to face resistance in the 142.00 level. Higher above, note the 142.70/143.00 zone and the weekly R1
The GBP/USD has found support in the 1.2800 mark, which caused a move above the resistance and support zone near 1.2850. However, by mid-Tuesday, the rate was back below 1.2850. In general, previous levels are still relevant. A continuation of the decline might find support in the 1.2800 and 1.2750 levels. Further below, note the weekly S1 simple pivot point
By mid-Tuesday's European trading hours, the EUR/USD had declined to the 1.1040 level, as it passed the weekly S1 simple pivot point at 1.1063. An extension of the ongoing decline of the Euro against the US Dollar is expected to look for support in the 1.1000 mark and the weekly S2 simple pivot point at 1.1002.Further below, note the 1.0930/1.0950
The Hong Kong Hang Seng stock index has jumped more than 5.00% during Tuesday's trading. The move was attributed to the Chinese government announcing that it would increase its pace of policy adjustments that are aimed at stimulating the economy. The new measures are set to increase domestic demand, raise consumer confidence and prevent economic risks.