News
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NZD/USD Price Analysis: Posts fresh monthly low after Double Top breakdown
Precious metals stall amid USD strengthening – TDS
Supply risks reduce the demand for Oil – TDS
AUD/USD Price Analysis: Trading in a “range-within-a-range”
Industrial metals fail to generate material gains – TDS
FxstreetJun 26, 2024
United States New Home Sales (MoM) came in at 0.619M below forecasts (0.64M) in May
Commodities
Precious metals stall amid USD strengthening – TDS
Precious metals are losing a bit of steam amid a strengthening US Dollar (USD), TDS Senior Commodity Strategist Ryan McKay notes Economic data to influence appetite for Gold “Looking forward, traders are watching the data like hawks and a host of economic data this week could influence the macro cohort's appetite for Gold (XAU/USD).” “The PCE data will be top of mind after the below consensus CPI and PPI data, and we look for the core segment to advance at its softest monthly pace of the year at 0.13%.Fxstreet
Jun 26, 2024
Commodities
Industrial metals fail to generate material gains – TDS
As news and speculation continue to swirl about potential domestic consumer-based stimulus being announced at China's third plenum in July, industrial metal prices have failed to generate any material gains, TDS Senior Commodity Strategist Ryan McKay notes.Fxstreet
Jun 26, 2024
Stocks
Tesla's push to cut vehicle costs may see Model 3 priced under $35k: Goldman
Tesla (NASDAQ:TSLA) announced in its Q1 2024 report several changes to its vehicle development strategy.Among other things, the electric carmaker said it plans to introduce new models, including moreInvesting.com
Jun 26, 2024
Stocks
This chip stock could stage a 'mother of all catch-up trades' says Mizuho
The semiconductor sector appears overbought at current levels but the “long memory trade” feels alive and well, Mizuho analysts said, driven by a cycle that seems to be accelerating to the upside.AnalInvesting.com
Jun 26, 2024
Forex
3 scenarios for the EUR/USD in response to French legislative elections - Citi
Investing.com - The EUR/USD has dropped significantly in recent weeks, particularly affected by the shock of the dissolution of the National Assembly in France and the resulting political uncertainty.Investing.com
Jun 26, 2024
