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Economics
Pound Sterling clings to gains as Fed Chair Powell cautions on labor market
The Pound Sterling (GBP) edges higher against the US Dollar (USD) in Wednesday’s early London session after a mild correction from almost a four-week high
Cryptocurrencies
Bitcoin price today: recovers to $59k as Mt Gox losses draw bargain buying
Bitcoin price rose on Wednesday, recovering further from recent losses as bargain hunters took advantage of recent price declines, although sentiment rema
Forex
NZD/USD drops to near 0.6100 as RBNZ opts to keep OCR unchanged
The US Dollar appreciated after Fed’s Powell stated that a rate cut is not appropriate until the greater confidence of inflation slows down.
Forex
EUR/USD grinds chart paper above 1.0800 after Fed fails to spark rate rally
EUR/USD continues to settle closer to 1.0800 after a misfire in market expectations of Federal Reserve (Fed) Chairman Jerome Powell’s testimony before US C
Forex
USD/CAD remains confined in familiar range above 1.3600, eyes on Powell, Fedspeak
The USD/CAD pair remains capped within a narrow trading range around 1.3635 during the early Asian session on Wednesday.
Commodities
Crude Oil eases on Tuesday despite extended decline in API barrel counts
West Texas Intermediate (WTI) US Crude Oil extended a near term decline on Tuesday, falling to $81.00 per barrel as American Crude Oil markets continue to
Commodities
Silver Price Analysis: XAG/USD stabilizes around $30.50 as bulls and bears battle
Silver price stabilizes above the $30.50 area for the second straight day, following Monday’s losses of more than 1.20% that tumbled the grey’s metal price
Forex
NZD/JPY Price Analysis: Potential pullback, as the pair struggles to surpass 99.00
In the Tuesday trading session, the NZD/JPY pair exhibited a minor uptick, hovering near the 99.00 mark.
Forex
GBP/JPY takes a breather at the top end of stellar run
GBP/JPY failed to set a new multi-year high on Tuesday as the pair churns on the high end of the 206.00 handle.
Forex
AUD/USD consolidates near 0.6750 ahead of Fed Powell’s testimony
The AUD/USD pair turns sideways in Tuesday’s European session after printing a fresh six-month high at 0.6760 on Monday. The Aussie asset consolidates as i
Commodities
WTI slides further to $81 as oil-shipping ports near Gulf of Mexico resume operations
West Texas Intermediate (WTI), futures on NYMEX, extend its correction to near $81.00 in Tuesday’s early American session. The Oil price faces selling pres
Stocks
Apple: Piper Sandler warns AI optimism is already priced into the stock
Apple shares (NASDAQ:AAPL) have surged over 30% since early April, notably outpacing the S&P 500's gain of just over 5%, driven by excitement around Apple
Stocks
A 'deeper' S&P 500 pullback is coming, Piper Sandler warns
Piper Sandler analysts are cautioning investors about a potential correction in the S&P 500, despite recent highs. Their note highlights a weakening market
Stocks
Intel, Nvidia, Eli Lilly rise premarket; BP, Novo Nordisk fall
Investing.com -- U.S. stock futures edged higher Tuesday, with traders awaiting the start of a two-day testimony from Fed chief Jerome Powell to Congress.
Stocks
Tesla stock: Oppenheimer says all investors focus is on FSD/AI platform
With a quarter-over-quarter recovery in vehicle sales and the reduction of inventory in the channel, Tesla (NASDAQ:TSLA) appears to be successfully executi
Commodities
Silver Price Forecast: XAG/USD appreciates to near $31.00 ahead of Powell’s testimony
Silver price (XAG/USD) recovers its recent losses, trading around $31.00 per troy ounce during the European session on Tuesday.
Economics
Powell testimony, Biden still running, Boeing- what's moving markets
Fed Chair Jerome Powell testifies in front of the Senate Tuesday, with futures pointing to a positive start on Wall Street.
Cryptocurrencies
Bitcoin price today: steady at $57k amid Mt Gox fears, Ether up on ETF hopes
Investing.com-- Bitcoin price rose marginally from recent losses on Tuesday, although sentiment remained on edge over a potential spike in token supply, wh
Forex
EUR/USD trims gains and snaps seven-day win streak ahead of Fed policy update
US Fed Chair Powell due to testify before US federal committees this week.
Forex
GBP/USD falls back from brief peaks as Fed Powell appearance looms
Key US consumer and wholesale inflation figures due later this week.
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