NZD/USD Rallying on Positive Kiwi Data and Chinese Stimulus
NZD/USD continues its upward momentum beyond 0.6050, with attention shifting to US PMI data. FUNDAMENTAL OVERVIEW: For the second consecutive…
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US Housing Market Struggles: October Records Lowest Sales in 13 Years
US existing-home sales fall to a record low of over 13 years, while prices accelerate. In October, existing home sales…
Brent Crude Outlook: Trading Strategies Amid Thanksgiving Week
Oil prices remain stable in trading preceding Thanksgiving, anticipating OPEC+ production cuts. FUNDAMENTAL OVERVIEW: In the calm pre-U.S. Thanksgiving holiday…
NVidia’s Stock Rollercoaster: Challenges and Triumphs
NVidia’s revenue triples as the AI chip boom persists. FUNDAMENTAL OVERVIEW: NVidia’s stock dipped 1% in after-hours trading on Tuesday…
OPEC Meeting Sparks WTI Oil Traders’ Anxiety
This week’s oil prices are rising as markets prepare for OPEC’s output cuts. Oil prices have surged for two consecutive…
Gold’s Rise and Pause: FOMC Minutes in Focus
The price of gold stops after reaching a new two-week high, and all eyes are on the FOMC minutes. FUNDAMENTAL…
FTSE 100’s Dive: Data Borrowing’s Ripple Effect and the FOMC Minutes Unveiled
Following data borrowing, the FTSE drops even further ahead of the FOMC minutes. FUNDAMENTAL OVERVIEW: The FTSE 100 was down…
EUR/GBP Update: Impact of German PPI on 0.8750
Following the German PPI, EUR/GBP declines and closes to 0.8750. FUNDAMENTAL OVERVIEW During Monday’s European session, EUR/GBP pulled back from…
Dow Jones Surges with Microsoft: Futures Rise Amid Interest Rate Speculations
Futures edge higher, Microsoft shines. U.S. stock index futures showed a slight increase on Monday following the previous week’s rally,…
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