Teen Jobs Situation Disappoints In July 2024
The employment situation for U.S. teens turned down in July 2024.
Gold Recovers Amid Rate Cut Expectations
Gold prices have rebounded to 2394 USD per troy ounce, paring previous losses as the likelihood of a US Federal Reserve rate cut increases.
Aurora Cannabis Reports Impressive Q1 Financials; Stock Jumps +6%
Aurora delivered strong net revenue growth, a substantial increase in adjusted EBITDA, and positive free cash flow in Q1.
EUR/USD Holds Above 1.0900 While Investors Look For More Cues On Fed-ECB Policy
EUR/USD rises as the US Dollar corrects on firm Fed rate-cut prospects. Investors see the Fed cutting interest rates aggressively this year. The ECB is expected to reduce its key borrowing rates two times more by the year-end.
5 Charts Gold Investors Must Follow
With the rising risk of a recession and bear market and ensuing volatility impacting all asset classes, five charts Gold investors should follow.
GBP/USD Forex Signal: Bearish Flag Pattern Points To More Sell-Off
The GBP/USD exchange rate remained in a tight range as the impact of last week’s Federal Reserve and Bank of England (BoE) interest rate decisions faded.
Solana Is Still Bullish, Eyeing All-Time Highs
Solana is still bullish, eyeing all-time highs, as we see an unfinished five-wave bullish impulse by Elliott wave theory.
GBP/JPY Forecast: British Pound Rallies Against Japanese Yen On Wednesday
The first thing that I would notice is that the market has broken above an inverted hammer from the previous session, which is quite often a very bullish sign.
SP500 Daily Trade Plan - Thursday, August 8
In this update we review the recent price in the emini SP500 and develop a trading plan for the session ahead.
Elliott Wave Technical Analysis: British Pound/Japanese Yen - Thursday, Aug. 8
The market's current position is at wave A, which marks the beginning of a new phase within the larger wave structure.
Silver Price Forecast: XAG/USD rises to near $27.00 due to rising odds of a Fed rate cut
Silver prices appreciate as traders price in a deeper rate cut by the Fed in September. CME FedWatch tool indicates 72.0% odds of a 50-basis point Fed rate cut in September, up from 11.8% last week.
WTI Crude Oil Forecast: Continues To Attempt Its Recovery
The West Texas Intermediate Crude Oil Market, or US Oil, has rallied rather significantly during the trading session on Wednesday as we've seen more of a risk-on type of feel to the markets overall.