The euro under pressure after the emergency meeting of the ECB. Mixed US dollar awaiting Fed decision. The FOMC statement will be published at 18:00 GMT. The EUR/USD is falling on Wednesday, trading at daily lows near 1.0380 before the Fed’s decision. The US dollar reports mixed results, while the euro falls in general, weakened […]
Incredible but true: Netflix will make a reality show based on ‘The Squid Game’
¡the squid game it came true! Netflix has just announced that it will have a program based on the successful South Korean series, which will be named Squid Game: The Challenge. The reality show It is being described as “the biggest royal competition in history” and it just might be, as a prize of $4.56 […]
EUR/GBP pulls back sharply from 0.8700 to 0.8600 after ECB meeting
The euro weakened and euro zone yields fell after the emergency ECB meeting. The pound is stable before the meeting of the Bank of England. EUR/GBP with chances for more gains while above 0.8600. The EUR/GBP dipped lower on Wednesday trading, having touched 0.8720, the highest level since February 2021. The euro fell back to […]
S&P 500 stops its losses and points to a new test of 3,800 before the Fed
US stocks rise ahead of monetary policy decisions from the Federal Reserve, which is expected to raise its rates by 75 basis points. The Nasdaq Composite leads the gains, followed by the S&P 500 and the Dow Jones. The dollar index falls, weighed down by lower US Treasury yields. US equities recovered some ground after […]
Britney’s mom and sister send her messages after not being invited to her wedding
Britney Spears and Sam Asghari had a wedding worthy of a fairy tale. Various celebrities attended the link, including Selena Gomez, Paris Hilton, Donatella Versace, Madonna and Drew Barrymore. In addition, Jason Alexander, the singer’s ex-husband, was introduced, who tried to prevent the couple’s union. However, those who were conspicuous by her absence were Britney’s […]
WTI falls to weekly lows at $116.50, watch for 21 DMA ahead of Fed
WTI has recently fallen to new session lows and is in sight of a test of its 21 DMA ahead of the Fed interest rate announcement. Comments on weak demand growth prospects and China shutdowns are being cited as factors weighing on oil. However, oil markets appear poised to remain correct for the rest of […]
GBP/USD: Losses to extend a few cents below 1.20 in coming weeks – Scotiabank
The GBP/USD bounces back to 1.21 but strong headwinds remain. Scotiabank economists they expect the cable to drop below 1.20 in the coming weeks. A clear improvement in broader market sentiment is needed to reclaim the 1.20 area “In addition to the UK’s economic weakness, tensions between the EU and the UK over pressure from […]
USD/MXN in the zone of maximums in three months, near 20.70
Dollar with mixed results prior to the Fed’s decision. US central bank could raise rate by 75 basis points. USD/MXN reaches the 20.70 zone. USD/MXN is rising again on Wednesday, albeit not making new intraday highs in weeks. The cross reached as high as 20.69, the highest level since mid-March. Volatility is expected to continue. […]
USD/JPY Price Analysis: Remains bearish below two-decade highs, attention remains on FOMC
USD/JPY corrected sharply from two-decade highs reached this Wednesday. The overbought RSI prompted some profit taking ahead of the expected FOMC decision. The technical situation continues to favor the bulls and supports the possibility of buying on dips. The pair USD/JPY saw a corrective pullback from the 24-year high reached this Wednesday, although the decline […]
Silver Price Analysis: XAG/USD Hits Session High at $21.65 on US Retail Sales Data.
Silver just hit session highs of $21.60 after weak US retail sales data ahead of Wednesday’s Fed announcement. XAG/USD remains at risk of reversing the day’s gains if the Fed delivers an aggressive surprise. Silver prices (XAG/USD) reached new session highs of $21.60 per troy ounce after the latest US retail sales report, which showed […]