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Updated: 58 min 47 sec ago

Toyota Chairman Says Electric Cars Will Never Dominate Global Market

Wed, 01/24/2024 - 04:26
Toyota's chairman and former CEO, Akio Toyoda, is at it again: providing the public with a dose of reality that electric vehicles will never dominate the global car market.

The Commodities Feed: EU Sanction Plans On Russian Aluminium

Wed, 01/24/2024 - 04:23
An easing USD offered support to the commodity complex, with oil prices edging higher this morning. On the inventory side, API numbers remained largely bullish for the oil market.

Two Trades To Watch: GBP/USD, DAX - Wednesday, Jan. 24

Wed, 01/24/2024 - 04:15
DAX rises after another record close in the US and despite weaker German PMIs.

Bitcoin And Ethereum: New Low For Bitcoin Yesterday At 38505

Wed, 01/24/2024 - 04:11
Increased pressure on the price of Bitcoin led to a drop yesterday to the $38505 level. The price of Ethereum continued its retreat yesterday afternoon until reaching the $2165 level.

Canary In The Coal Mine

Wed, 01/24/2024 - 04:00
Surging to its highest in decades and not all that far anymore from its own all-time mark, it might seem Japanese equity investors are expressing loads of confidence from the Asian perspective.

AUD/USD Signal: Extremely Bearish As The US Dollar Rebounds

Wed, 01/24/2024 - 03:56
The AUD/USD exchange rate continued its sell-off as US bond yields bounced back during the American session. The pair retreated to 0.6557, a few points below last week’s high of 0.6612. It has fallen by 4.5% from its highest point this year.

The 1970s Inflation Rollercoaster – Part Two

Wed, 01/24/2024 - 03:50
We start Part Two with more on the Fed and the nation’s money supply in that era. While the Fed and government played a significant role in generating inflation fifty years ago, there were other factors.

Sensex Today Trades Higher; REC & Zee Entertainment Jump 6%

Wed, 01/24/2024 - 03:45
Indian share markets are trading on a positive note with the Sensex up 200 points and Nifty trading 66 points higher.

Elliott Wave Technical Analysis 4 Hour Chart: Euro/U.S. Dollar - Wednesday, Jan. 24

Wed, 01/24/2024 - 02:55
Traders are advised to remain vigilant, with a focus on the invalidation level at 1.04499.

Elliott Wave Technical Analysis Day Chart: Euro/U.S. Dollar - Wednesday, Jan. 24

Wed, 01/24/2024 - 02:43
The EURUSD Elliott Wave analysis suggests an impulsive trend, with the completion of a corrective phase (wave 2) and the potential initiation of the impulsive phase of black wave 3.

FX Daily: Unwinding The Spurious Dollar Rally

Wed, 01/24/2024 - 02:23
The dollar strengthened across the board yesterday with no clear catalyst. We suspect that in an environment that keeps pricing large Fed cuts, USD rallies aren’t very sustainable

EUR/USD Price Analysis: Further Downside Cannot Be Ruled Out

Wed, 01/24/2024 - 01:42
The EUR/USD pair trades on a stronger note during the early European session on Wednesday. The major pair has flirted with the weekly lows of 1.0821 and rebounded to 1.0862

Metals Report For Tuesday, January 23

Wed, 01/24/2024 - 01:15
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.

American Airlines Getting Ready To Break Higher

Wed, 01/24/2024 - 00:45
Short Term view on American Airlines (AAL​​​​​​​) suggests that rally to 14.65 on December 15, 2023 high ended wave (A). Pullback in wave (B) is proposed complete at 12.78 as the 45 minutes chart shows.

2 Financial Stocks To Buy After Massive Earnings Beats

Wed, 01/24/2024 - 00:16
After blowing away their quarterly earnings expectations last Friday, The Travelers Companies and World Acceptance are two top-rated stocks that investors will want to consider

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