Latest Market News
EURUSD, “Euro vs US Dollar” After completing the descending wave at 0.9550 along with the correction up to 0.9700, EURUSD has formed another descending structure towards 0.9538 with one more correction up to 0.9645. Today, the pair may resume trading downwards with the target at 0.9490. GBPUSD, “Great Britain Pound vs US Dollar” After finishing […]
AUDUSD, “Australian Dollar vs US Dollar” As we can see in the H4 chart, AUDUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. The Relative Strength Index has broken 30 to the upside, confirming the correction. In this case, the pair is expected to rebound from 1/8 (0.6469), and then […]
The Dow and S&P 500 booked a sixth straight day of declines on Tuesday, as bond yields rose and stocks gave up earlier gains. The Dow Jones Industrial Average DJIA, -0.43% fell about 123 points, or 0.4%, to end near 29,136, its lowest closing level since November 2020, according to Dow Jones Market Data. The […]
The Securities and Exchange Commission has sued former top executives at MoviePass and its parent company, Helios & Matheson HMNY, , for fraud. The complaint, filed Monday in the U.S. District Court for New York’s southern district, alleges Ted Farnsworth and Mitch Lowe “intentionally and repeatedly disseminated to the public materially false or misleading statements […]
The House committee investigating the Jan. 6, 2021 attack on the U.S. Capitol has postponed its scheduled Wednesday hearing as Hurricane Ian approaches Florida. “In light of Hurricane Ian bearing down on parts of Florida, we have decided to postpone tomorrow’s proceedings. We’re praying for the safety of all those in the storm’s path. The […]
U.S. stocks are paring their losses Tuesday afternoon after the Dow Jones Industrial Average briefly dropped below 29,000 for the first time in nearly two years earlier. The Nasdaq Composite COMP, +0.25% turned higher, trading up 30 points, or 0.3%, to 10,832. The S&P 500 SPX, -0.21% was down 6 points, or 0.2%, at 3,650. […]