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US Dollar Index (DXY) weakens as JOLTS job openings drop to a 3.5-year low of 7.673 million. Japanese Yen strengthens amid recessionary fears and hawkish comments from BoJ Governor Ueda. Recession fears persist. Will Friday’s jobs data finally alleviate these concerns? Most Read: Gold (XAU/USD) Under Pressure as Precious Metal Fails to Attract Haven Bids…

What we fought for, we ran into. The increase in beef prices to record levels, the rise in the cost of ground roasted coffee from $6.47 per pound a year ago to $9.14 forced the White House to reduce tariffs on these and other agricultural and food products. If the rise in import duties on…

Wall Street opened May on a strong note. The Dow Jones (US30) was up 0.21% on Thursday. The S&P 500 Index (US500) added 0.63%. The Nasdaq Technology Index (US100) increased by 1.10%. Strong earnings results from technology giants and optimism about global trade talks drove the rise. Microsoft shares jumped by 10% after the company…

The dollar is trading mixed against the major currencies as investors await important macroeconomic releases and foreign policy signals. Market participants remain cautious ahead of upcoming US data, as well as potential statements following contacts between Washington and Beijing. The trade negotiations factor and the prospect of a meeting between Donald Trump and the Chinese…

Traders are very susceptible to “mental burnout” or the collapse of the mind due to overwork or stress. Mental burnout can be triggered many factors like overtrading, extreme market conditions, unrealistic expectations, and of course, losses. The first thing you must understand about mental burnout is that, typically, there is not one single event that…

The AUDUSD price couldn’t manage to continue the rise, to rebound bearishly and head towards resuming the main bearish trend again, noticing that the recent trades are confined within descending triangle that supports the chances of achieving more decline in the upcoming sessions, and the price needs to break 0.6200$ to confirm opening the way…