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AUD/USD Outlook: Aussie Growth Stagnates, Currency Resilient Amid Weaker US Data
AUD/USD Outlook: Aussie Growth Stagnates, Currency Resilient Amid Weaker US Data
Jun 5, 2024
Aussie GDP, AUD Analysis Aussie growth stalls in Q1, growing just 0.1% during the quarterHousehold spending dominated by essentials as discretionary purchases flatlineAUD/USD appears unperturbed but the currency has sold-off notably in recent timesThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Aussie Growth Stalls...
Dollar holds ground above two-month lows ahead of US labor data
Dollar holds ground above two-month lows ahead of US labor data
Jun 4, 2024
Dollar rose in European trade on Tuesday against a basket of major rivals, holding its ground above two-month lows and on track for the first profit in four days. The gains are stymied by the declining US 10-year treasury yields following weak US data, which signaled slowing GDP growth in the second quarter. Now traders await important US labor data,...
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
US Dollar Price Action Setups: EUR/USD, AUD/USD, USD/CHF Levels to Watch
Jun 4, 2024
US Dollar Setups: (EUR/USD, AUD/USD, USD/CHF) A path for a lower dollar comes into view as data deterioratesEUR/USD in focus ahead of ECB cutDollar bulls look for a lower AUD/USD as risk appetite wanes, iron ore prices easeSwiss franc advances at pace but overheating warnings flash red A Path for a Lower USD Comes into View as Data Deteriorates There’s...
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
BoC Cuts Rates as Inflation Settles into Target Range, CAD Weakens
Jun 5, 2024
The Bank of Canada (BoC) voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower. The BoC highlighted the declining three-month measure of core inflation as one of the indications that CPI is heading lower but Governor Tiff Macklem also issued caution that the further progress is...
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Forecast update for Bitcoin -03-09-2025
Forecast update for Bitcoin -03-09-2025
Sep 3, 2025
The price of (BTCUSD) surpassed the negative pressure in its last intraday trading, taking advantage of the dynamic support that is represented by its trading above EMA50, affected by breaching main bearish trend line on the short-term basis, after offloading its overbought condition, opening the way for achieving new gains. VIP Trading Signals Performance by BestTradingSignal.com(August 2529, 2025) Get high-accuracy...
Forecast update for Gold -03-09-2025
Forecast update for Gold -03-09-2025
Sep 3, 2025
The price of (Gold) rose in its last intraday trading, amid the attempts of gathering the gains of its previous rises, attempting to offload some of its clear overbought conditions on the (RSI), especially with the emergence of the negative signals from there, amid the stability of the current resistance at $3,540, which represents our target in our previous analysis,...
Forecast update for crude oil -03-09-2025
Forecast update for crude oil -03-09-2025
Sep 3, 2025
The price of (crude oil) slipped lower in its last intraday trading, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, leaning on the support of its EMA50, amid the dominance of the bullish correctional trend on the short-term and its trading alongside a bias line, the price still can recover and rise again, if...
Forecast update for Silver -03-09-2025
Forecast update for Silver -03-09-2025
Sep 3, 2025
The price of (Silver) rose in its last intraday trading, despite the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to offload some of this overbought conditions, which canceled its last gains, amid the continuation of the positive pressure that comes from its trading above EMA50, and under the dominance pf the main bullish trend...
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Chimera Investment Shares Fall After Q3 Net Interest Income Misses Estimates
Chimera Investment Shares Fall After Q3 Net Interest Income Misses Estimates
Nov 6, 2025
10:27 AM EST, 11/06/2025 (MT Newswires) -- Chimera Investment ( CIM/PA ) shares were down more than 5% in recent Thursday trading after the company posted Q3 net interest income that missed analyst expectations. The company reported Q3 adjusted earnings Thursday of $0.37 per diluted share, up from $0.36 a year earlier. Net interest income for the quarter ended Sept....
DigitalOcean Poised for Sustained Revenue Growth With Data Center Capacity Expansion, BofA Says
DigitalOcean Poised for Sustained Revenue Growth With Data Center Capacity Expansion, BofA Says
Nov 6, 2025
11:11 AM EST, 11/06/2025 (MT Newswires) -- DigitalOcean's ( DOCN ) revenue growth reacceleration, with 2026 preliminary revenue growth guidance approaching 20%, and its data center capacity expansions entail a double upgrade of the stock's rating, BofA Securities said in a Thursday note. The company has improved its visibility among customers, notably signing multiple eight-figure deals that reflect its ability...
MEG Energy shareholders vote in favor of Cenovus' takeover bid
MEG Energy shareholders vote in favor of Cenovus' takeover bid
Nov 6, 2025
Nov 6 (Reuters) - Canadian oil sands producer MEG Energy ( MEGEF ) shareholders on Thursday voted in favor of a buyout by Cenovus Energy ( CVE ). ...
CarMax Reports Fiscal Q3 Preliminary Outlook; Notes Factors Impacting Results
CarMax Reports Fiscal Q3 Preliminary Outlook; Notes Factors Impacting Results
Nov 6, 2025
10:29 AM EST, 11/06/2025 (MT Newswires) -- CarMax ( KMX ) said Thursday it expects Q3 net earnings per diluted share of $0.18 to $0.36, including $0.09 of non-recurring expenses related to a leadership change and Customer Experience Center workforce reductions. Analysts polled by FactSet expect $0.70. It added it expects its comparable store unit sales to decline 8% to...
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Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
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