The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is supported by encouraging economic data from Australia.The latest
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The USD/JPY outlook leans slightly bearish as the yen responds to stern warnings against its decline. Japanese authorities made clear on Tuesday their readiness to intervene. They signaled a determined stance to halt any further depreciation of their currency.Japan’s finance
Despite spring market optimism, US Home sales in March posted their most significant decline in more than a year (-4.3% month-over-month–the most significant monthly decline since November 2022) as 30-year fixed mortgage rates moved back above 7% from just over
Tesla Earnings DueInvestors are bracing for the latest set of Tesla earnings today with stockholders looking to see whether this will be the third consecutive quarter of weaker-than-forecast earnings or if the company was able to rebound over Q1. Ahead
Image Source: Pixabay The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week with investors pricing
Image Source: Unsplash For some time now there have been some significant risks growing for Tesla as we approach their latest earnings after the close on Tuesday. Competing with established car manufacturers poses several risks for Tesla which critics have long
Image Source: Unsplash UPS (NYSE: UPS) today reported its earnings for the first quarter of 2024, revealing a mix of challenges and resilience amid evolving market conditions.The company announced consolidated revenues of $21.7 billion, a 5.3% decrease from the $22.9 billion reported
Is this just a correction after a strong bullish advance from November, or is the bull market ending? If you read some of the headlines, you would suspect the latter. As noted by MarketWatch last week: “For the first time since early
Company: Pfizer IncorporatedBloomberg ticker: PFE USMarket cap: US$153,536mBackground: Pfizer Incorporated is a research-based global biopharmaceutical company. The Company is engaged in the discovery, development, manufacture, marketing, sale and distribution of biopharmaceutical products worldwide. World Class Benchmarking of Pfizer Profitable Growth rank of 5 was
USDCAD’s recent price action indicates continued weakness. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCAD Stuck in Downtrend: Falling Trend Line Resistance: A key technical indicator for USDCAD is the falling trend line on
