Lytton
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EUR/USD trades with negative bias, holds above 1.0700 as traders await US PCE Price Index
EUR/USD meets with some supply amid the emergence of some USD buying on Friday. Bets that the Fed will keep rates higher for longer amid sticky inflation underpin the USD. Traders, however, seem reluctant and look to the US PCE Price Index for a fresh impetus. The EUR/USD pair edges lower during the
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FTSE 100 Extends Gains In Cautious Trade
U.K. stocks hit a fresh record high on Wednesday, though overall gains remained capped ahead of earnings results from megacap U.S. tech and growth companies. The benchmark FTSE 100 was up 35 points, or 0.4 percent, at 8,080, extending gains for a sixth consecutive session. Sound Energy fell 2.6 perc
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ECB's de Guindos: Barring any surprises, June rate cut is a 'fait accompli'
European Central Bank (ECB) Vice President Luis de Guindos said on Tuesday that “barring any surprises, the June rate cut is a 'fait accompli'.” Additional quotes But have to be very cautious about what comes afterwards. What the Fed decides is not only crucial to the US, but also for the global eco
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Natural Gas Elliott Wave analysis [Video]
Natural Gas Elliott Wave analysis Mode - Impulsive. Structure - Impulse Wave. Position - Wave (iii) of 5. Direction - Wave (iii) of 5 still in play. Details: Wave (ii) taking a higher leg. Still favors the downside for (iii) on the way to complete wave 5 of (3). Not much has changed since the last u
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Asian Shares Gain As Dollar And Yields Ease
Asian stocks rose broadly on Thursday, as the dollar and U.S. Treasury yields retreated from recent highs and Taiwan Semiconductor Manufacturing Corp, the world's largest producer of advanced processors, clocked a stronger-than-expected first-quarter profit on strong AI chip demand. The result contr
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