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The chip producer Intel has announced that the company intends to set up a standalone business for its programmable chip division starting from January. The news caused a 2% surge of the company's price.
The Wall Street Journal has reported that due to the end of actor strike Netflix intends to increase subscription prices.
The stock price for the Scandinavian airline SAS has plummeted 95% due to the announced restructuring that is set to have the group delisted and existing ownership stakes are set to be erased.
US officials have announced that they had warned China that it can expect new export restrictions in October.
The price for an ounce of gold remains near levels that were reached during early Tuesday's trading. In general, the price fluctuates between 1,820.00 and 1,830.00. Meanwhile, it appears that the 50-hour simple moving average does not impact the rate. Economic Calendar Analysis On Thursday, minor action is expected from the US Unemployment Claims. On Friday, the top event of the week will
In the aftermath of the Monday's drop, the USD/JPY appears to have stabilized in the 148.75/149.30 range. Namely, the pair trades around 149.00. Meanwhile, the Bank of Japan has not confirmed involvement in the currency market. Moreover, the Finance Ministry has refused to comment on the move. Economic Calendar On Thursday, minor action is expected from the US Unemployment Claims. On Friday, the
The GBP/USD currency exchange rate has reached the 1.2040 level, which served as support. The reaching of the new low level was followed by a steep recovery of the pair. By mid-Wednesday, the rate was approaching the 200-hour simple moving average near 1.2170. Economic Calendar On Thursday, minor action is expected from the US Unemployment Claims. On Friday, the top event of the
The support of the 1.0450 mark was enough to cause a recovery of the Euro against the US Dollar. The rat has reached above the resistance of the weekly S1 at 1.0486, the 50-hour simple moving average and the 1.0500 mark. At mid-day on Wednesday, the pair faced the 100-hour simple moving average at 1.0525. Economic Calendar Analysis On Thursday, minor action
The price for an ounce of gold remains near levels that were reached during early Tuesday's trading. In general, the price fluctuates between 1,820.00 and 1,830.00. Meanwhile, it appears that the 50-hour simple moving average does not impact the rate. A decline is expected to look for support in the low level zone at 1,805.00/1,808.00. Afterwards, the 1,800.00 mark is
In the aftermath of the Monday's drop, the USD/JPY appears to have stabilized in the 148.75/149.30 range. Namely, the pair trades around 149.00. Meanwhile, the Bank of Japan has not confirmed involvement in the currency market. Moreover, the Finance Ministry has refused to comment on the move. In the case of a resumption of the prior surge, the combination of
The GBP/USD currency exchange rate has reached the 1.2040 level, which served as support. The reaching of the new low level was followed by a steep recovery of the pair. By mid-Wednesday, the rate was approaching the 200-hour simple moving average near 1.2170. A move above 1.2170 could face the combined resistance of the weekly simple pivot point, the 1.2200
The support of the 1.0450 mark was enough to cause a recovery of the Euro against the US Dollar. The rat has reached above the resistance of the weekly S1 at 1.0486, the 50-hour simple moving average and the 1.0500 mark. At mid-day on Wednesday, the pair faced the 100-hour simple moving average at 1.0525. A move above the 100-hour
An appeals court in New Jersey has dropped the $223.8 million verdict that ordered Johnson &Johnson to pay four plaintiffs that had claimed to have developed cancer due to the company's talk products.
The airplane producer has set a record goal for 737 MAX production. The company intends to produce 57 airplanes per month by July of 2025.
Reuters has revealed that the US airline United Airlines is set to reveal orders for 110 airplanes from Airbus and Boeing.
After talks with the Chinese government, Apple has started to enforce new rules that require app makers to receive a government licence before releasing their app.
The price for gold eventually found resistance at 1,880.00, which was strong enough to cause a decline that passed below 1,860.00. On Tuesday, the commodity price had already reached the 1,820.00 mark. Economic Calendar Analysis On Wednesday, watch out for the ADP Non-Farm Employment Change at 12:15 GMT and the US ISM Services PMI at 14:00 GMT. On Thursday, minor action is
The USD/JPY reached the 150.00 mark at mid-day on Tuesday. The 150.00 level is where the markets expected the Bank of Japan to intervene and beat the rate down. As soon as the rate pierced the 150.00 mark a massive sell off started. It is unclear whether it was caused by market participants or the Japanese Central Bank. Economic Calendar On Wednesday,
The GBP/USD has continued its decline and reached below the 1.2100 mark. Moreover, on Tuesday the 1.2100 level appeared to have turned into resistance. Economic Calendar On Wednesday, watch out for the ADP Non-Farm Employment Change at 12:15 GMT and the US ISM Services PMI at 14:00 GMT. On Thursday, minor action is expected from the US Unemployment Claims. On Friday, the top
The resistance of the 200-hour simple moving average was enough for the EUR/USD to resume its decline. The decline was slowed down only by the combination of the 50 and 100-hour SMAs and the weekly S1 simple pivot point at 1.0486. On Tuesday, the pair reached the 1.0450 level. Economic Calendar Analysis On Wednesday, watch out for the ADP Non-Farm Employment Change
The price for gold eventually found resistance at 1,880.00, which was strong enough to cause a decline that passed below 1,860.00. On Tuesday, the commodity price had already reached the 1,820.00 mark. An extension of the decline is expected to look for support in the low level zone at 1,805.00/1,808.00. Afterwards, the 1,800.00 mark is most likely going to act
The USD/JPY reached the 150.00 mark at mid-day on Tuesday. The 150.00 level is where the markets expected the Bank of Japan to intervene and beat the rate down. As soon as the rate pierced the 150.00 mark a massive sell off started. It is unclear whether it was caused by market participants or the Japanese Central Bank. The drop
The X Corporation, which was formerly known as Twitter, has received a lawsuit by a legal-marketing company that claims trademark infringement.
The GBP/USD has continued its decline and reached below the 1.2100 mark. Moreover, on Tuesday the 1.2100 level appeared to have turned into resistance. A continuation of the ongoing decline could look for support in the lower trend line of the channel down pattern and the weekly S2 simple pivot point at 1.2031. In the case of a GBP recovery against