NZD/USD Price Analysis: Eyes another battle with 200-DMA resistance near 0.6150
NZD/USD regains upside momentum after two failed attempts to cross the 200-DMA hurdles, grinds higher around mid-0.6100s during early Friday. Not only
Read More »ICYMI: JPMorgan artificial intelligence aims to decipher Fed speeches, give trade signals
Bloomberg reported on this earlier in the week, as did other outlets. JP Morgan analysts are experimenting with a ChatGPT-style language model to divine policy signals in Federal Reserve statements…
Read More »Amazon Soars on Upbeat Earnings, S&P 500 Futures Add to Gains as Big Tech Delivers
Amazon’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the e-commerce company soar after the earnings announcement.
Read More »S&P 500 Subdued Despite Microsoft’s Bullish Explosion, US First-Quarter GDP Eyed
The S&P 500 fell on Wednesday, undermined by cautious market sentiment, with most sectors ending the day in negative territory but tech commanding strength thanks to Microsoft’s solid rally.
Read More »BlackRock has been buying up USTreasuries in anticipation of economic slowdown, debt fight
BlackRock Chief Investment Officer of Global Fixed Income Rick Rieder said the firm has been buying up USTs: “If you go through a debt ceiling crisis, it’s a global crisis…
Read More »The Midweek Update 26 April 2023
Dollar bulls remain on the front foot amid renewed banking fears as well as risk aversion ahead of key economic data. Dollar The Greenback rolls into midweek having found some…
Read More »USD/JPY trims losses near 133.50 amid dicey yields, defensive BoJ talks, US GDP eyed
USD/JPY picks up bids to consolidate recent losses around mid-133.00s as markets brace for the US Q1 GDP during early Thursday. Adding strength to the
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Can you aforex trends early? Watch this!
Read More »AUD/USD Price Analysis: Corrective bounce seeks acceptance from 0.6655 hurdle and Australia inflation
AUD/USD prints mild gains around 0.6630 as it consolidates the biggest daily loss in a week ahead of the Australia Consumer Price Index (CPI) amid ear
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