Share: NZD/USD eyes stabilization above 0.6000 amid easing US price pressures. Further action in the US Dollar will be guided by the monthly US Retail Sales data. NZD/USD forms an Inverted Head and Shoulder chart pattern. The NZD/USD pair aims for stability above the psychological resistance of 0.6000 as the market mood has
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British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been making upside progress against the US Dollar and Euro. With regards to GBP/USD, the past 3 trading sessions have produced a gain of about 0.9%. This is marking the best 3-day performance since the
Reuters is reporting that a source is telling them that the UAW (United Auto Workers) will announce that it has made progress with Ford in current labor talks. They will invite Biden to come to picket line. At the same time, Phil Lebau on CNBC is saying that he would not be surprised if UAW
Federal Reserve Bank of Cleveland President Loretta Mester gives closing remarks onsite before hybrid Inflation: Drivers and Dynamics Conference 2023 in Frankfurt, Germany. She’s well-traveled at the moment as she spoke at Jackson Hole a week ago. Job market still strong amid signs of rebalancing 3.8% jobless rate is still low Main Fed debate is
EURO AREA INFLATION KEY POINTS: Key News and Data Releases this Week, Download Your Free Guide for Tips on News Trading. Recommended by Zain Vawda Trading Forex News: The Strategy The core inflation rate in the Euro Area (filters out volatile food and energy prices) cooled coming in at 5.3% from a previous 5.5%. Core
Microchip Technology Inc., a key player in microcontroller, mixed-signal, analog, and Flash-IP integrated circuits, has been redefining the technology landscape. Microchip’s income streams flow from sales to original equipment manufacturers (OEMs), distributors, and end users. In the fiscal year 2023, their revenue surged by 23.7% to $8.44 billion, a testament to their market reach and
