Information technology stocks have shaken off their summertime blues, even reclaiming the top spot on the stock market’s 2024 leaderboard...
Posts published in “Business”
EUR/USD exhibits weakness near 1.0850 on Thursday...
The Mexican Peso (MXN) seems to be rinsing and repeating the depreciation of the past few days on Thursday as market bears – now more confident in the persistence of the evolving downtrend – push the Peso lower in all its key pairs...
This morning, the Australian employment report joined the ranks of countries that have recently reported surprisingly strong figures, Commerzbank’s FX analyst Michael Pfister notes...
EUR/USD is trading heavy below the 200-day moving average (1.0873...
Of course, one can object that ‘everything has already been priced in’ – such as today's 25 basis point interest rate cut by the ECB...
The New Zealand Dollar (NZD) is likely to decline further; the major support at 0.6005 is likely out of reach (there is another support at 0.6030...
Germany 30-y Bond Auction climbed from previous 2.44% to 2.49%...
The Pound Sterling (GBP) is trading almost half a percent lower this morning after the September CPI report showed the closely-monitored services inflation falling more than expected from 5.6% to 4.9%, ING’s FX analyst Francesco Pesole notes...
The Australian Dollar (AUD) could decline further to 0.6650; the major support at 0.6620 is likely out of reach...