Date Archives

Month: November 2023

NVidia’s Stock Rollercoaster: Challenges and Triumphs

November 22, 2023

NVidia’s revenue triples as the AI chip boom persists. FUNDAMENTAL OVERVIEW: NVidia’s stock dipped 1% in after-hours trading on Tuesday following the chipmaker’s release of...

OPEC Meeting Sparks WTI Oil Traders’ Anxiety

November 21, 2023

This week’s oil prices are rising as markets prepare for OPEC’s output cuts. Oil prices have surged for two consecutive days as traders anticipate potential...

Gold’s Rise and Pause: FOMC Minutes in Focus

November 21, 2023

The price of gold stops after reaching a new two-week high, and all eyes are on the FOMC minutes. FUNDAMENTAL OVERVIEW Gold prices (XAU/USD) attracted...

FTSE 100’s Dive: Data Borrowing’s Ripple Effect and the FOMC Minutes Unveiled

November 21, 2023

Following data borrowing, the FTSE drops even further ahead of the FOMC minutes. FUNDAMENTAL OVERVIEW: The FTSE 100 was down 0.6%, at 7,450.85. According to...

EUR/GBP Update: Impact of German PPI on 0.8750

November 20, 2023

Following the German PPI, EUR/GBP declines and closes to 0.8750. FUNDAMENTAL OVERVIEW During Monday’s European session, EUR/GBP pulled back from the six-month highs, trading around...

Dow Jones Surges with Microsoft: Futures Rise Amid Interest Rate Speculations

November 20, 2023

Futures edge higher, Microsoft shines. U.S. stock index futures showed a slight increase on Monday following the previous week’s rally, fuelled by speculations that U.S....

Week in Review: US Dollar’s Tumble to 103.90 Amid Economic Data

November 18, 2023

The US Dollar concludes its most challenging week since July as investors place their bets on a Federal Reserve leaning towards a dovish stance. Closing...

UK Retail Sales in October: A 0.3% Decline Sparks Economic Concerns

November 17, 2023

Retail Sales Decline in the UK: A Deep Dive into October’s Economic Warning. The UK faced an unexpected blow to its economy in October as...

US Jobless Claims Surge, AUD/USD Faces Friday Decline

November 17, 2023

The Australian Dollar continues to hold its position above a significant level ahead of US housing data. On Friday, the Australian Dollar (AUD) confronts difficulties...

Doge Coin Price Surges 7%: Overcoming Resistance at $0.0786

November 17, 2023

DOGE is making a concerted effort to surpass the $0.0786 mark after facing three consecutive unsuccessful attempts. FUNDAMENTAL OVERVIEW The Dogecoin (DOGE) price is showing...

Gold Prices Hold Steady Amid Dollar Strength – Capital Street FX

November 16, 2023

Gold prices maintain intraday gains but stay below a one-week high as the US Dollar strengthens. On Thursday, the price of gold (XAU/USD) showed renewed...

Netflix Shares Rise Amidst Market Recovery: Key Insights

November 16, 2023

Netflix shares rose for the second day as the market climbs FUNDAMENTAL OVERVIEW On Wednesday, Netflix Inc. (NASDAQ: NFLX) witnessed a 2.96% increase in its...

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