US Stocks Embrace Potential ‘Soft Landing’

US Stocks Analysis (S&P 500, Nasdaq 100) ‘Soft landing’ narrative returns as equities are set to rise in July S&P 500 nearing swing high – less than 5% away from all-time-high Nasdaq eyes bullish continuation ahead of Apple, Amazon earnings The analysis in this article makes use of chart patterns and key support and resistance

Mexico’s ‘super peso’ puts squeeze on US remittances By Reuters

5/5 © Reuters. FILE PHOTO: Boards displaying the exchange rate of the Mexican peso against the U.S. dollar are pictured outside exchange houses in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo 2/5 By Lizbeth Diaz and Noe Torres TLAXCALA, Mexico (Reuters) – Mexican mother-of-two Adriana Sanchez frets the $300 or so a

US Dollar marginally weaker as markets await key US employment data

Share: The US Dollar is slightly weaker against its major rivals to begin the week. The US Dollar Index stays above 101.50 after posting gains last week. US jobs report and other high-tier data releases this week could drive USD performance. The US Dollar stays marginally weaker on Monday after posting strong gains

FTSE 100, Dax and Dow Look for Further Gains

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40 and Dow Jones Analysis and Charts ​​​FTSE 100 targets 7700 again ​Gains stalled last week below 7700, after an impressive run higher for the index. ​Bulls will want to see a daily close above 7700 in order to open the way to more

US equity futures tick higher

The mood is improving as New York trade ramps up. S&P 500 futures are now 11 points higher to 4617. The positive momentum is seeping into commodity currencies, which are broadly higher to start the week. AUD/USD is particularly strong, up 63 pips to 0.6713. It still has some work to do to retrace the

GBP Price Forecast: Pound Readies for BoE

POUND STERLING ANALYSIS & TALKING POINTS BoE expected to hike by 25bps this week. Key EZ and US economic data scheduled with eurozone flash GDO and core inflation in focus today. Current momentum favors neither bulls nor bears. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD & EURGBP FUNDAMENTAL BACKDROP The British pound

Choppy yen at three-week low, euro firms after GDP, inflation data By Reuters

© Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Rae Wee and Alun John SINGAPORE (Reuters) – The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BoJ) loosened its

Euro Area Growth Ticks Higher; EUR/USD Holds Above 1.1000

EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Euro Area growth remains minimal. Core inflation remains sticky at 5.5%. Recommended by Nick Cawley Get Your Free EUR Forecast The Euro Area economy expanded by 0.3% in Q2, according to the latest Eurostat data, slightly more than the 0.2% market forecast. Last month’s data was