According to recent trading activity, the British pound sterling against the US dollar (GBP/USD) has been on the rise, easing some recent selling pressure. However, the bigger picture remains consistent with ongoing weakness. According to forex trading platforms, the GBP/USD
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Image Source: Pixabay Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causing a late selloff. Traders are exercising caution as they await the report
Photo by Colin Watts on Unsplash GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, British Pound/U.S.Dollar(GBPUSD)?Day Chart GBPUSD Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: Impulsive as A
Image Source: Pixabay With USD/JPY trading above 155, markets are now on high alert for BoJ FX intervention. Having secured a joint press release with US and Korean authorities last week to acknowledge serious concern over yen weakness, Tokyo will now
Computing technology continues to increase in capability every year. For hackers with top-of-the-line equipment, it is easier than ever for them to run through millions of combinations of characters to discover your passwords than ever before.But how long that might
Animal spirits have come off the boil lately, but these are still early days for deciding if risk-on sentiment for equities has hit a wall or is in a holding pattern that allows markets to consolidate the gains of late.
Facebook (META) just reported an excellent 1Q24 – but the stock is off 12% in the after hours. Revenue was +27% and EPS +114% to $4.71 compared to the year ago quarter. Operating margin of 37.9% compares to 25.2% a
Image Source: Unsplash Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, announced its first-quarter results for 2024. The results revealed a mixed performance that showcased resilience in a challenging market. Despite a slight drop in sales and revenues, the
Image Source: Unsplash Meta Crashes 12%Shares in iconic US tech company Meta (parent of Facebook) are trading heavily lower ahead of the US open today. The stock is currently almost 13% down from yesterday’s closing price as traders digest the details
Image Source: Pexels The United States has had an industrial policy aimed at boosting its domestic shipbuilding industry since the passage of the Merchant Marine Act of 1920, commonly known as the Jones Act. Whatever the arguments for the passage of
