Latest Market News
The Financial Conduct Authority (FCA) and MoneyHelper are urging consumers to get help as soon as possible if they are struggling financially because of the rising cost of living. Millions of people get help with their finances every year. However, new research suggests many borrowers are missing out on available support. The research reveals some […]
A note published by the United States Federal Reserve on a recently held conference found a majority of exports believe a U.S. dollar central bank digital currency (CBDC) would not drastically change the global currency ecosystem. Panelists at the conference also agreed CBDC development outside of the U.S. doesn’t threaten the status of the dollar, […]
Rallies in the shares of the biggest technology company’s helped lift the tech-heavy Nasdaq 100 NDX, +1.68% to a healthy gain, even as the broader stock market was selling off. The Nasdaq 100 climbed 1.3% in afternoon trading, reversing an earlier drop of as much as 1.9%, as the index’s top-five most valuable companies by […]
The Biden administration is continuing to review options on tariffs on Chinese goods, the White House said Tuesday, as a report said the president was expected to roll back some levies on those imports soon. A Wall Street Journal report said President Joe Biden could announce his decision this week. Briefing reporters, White House press […]
EURUSD, “Euro vs US Dollar” EUTUSD is still consolidating around 1.0430. Possibly, today the pair may start a new correction to test 1.0480 from below and then resume trading downwards with the target at 1.0355 or even extend this structure down to 1.0300. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD continues consolidating around 1.2100. […]
Type: Bearish MomentumKey Levels:Resistance: 0.68560Pivot: 0.67685Support: 0.66595Preferred Case:On the H1, with price moving below the ichimoku cloud and along the descending trendline , we have a bearish bias that price will drop to the pivot at 0.67685 in line with the swing low support and 78.6% fibonacci projection . Once we have downside confirmation that […]