UBS sees buying opportunity in AUD/USD on dip

Happy Holidays! We’re heading into Christmas week, and it’s going to be a weird one globally. We’ve got some major economic data drops (hello, U.S. GDP, UK GDP, Canada GDP, and Tokyo CPI!), then everything gets pretty quiet as the holidays take over. Think of it as the market’s version of scarfing down a big…

Investing.com– Activist investor Starboard Value has taken an around $1 billion stake in Pfizer Inc (NYSE:) and wants the drugmaker to make sweeping changes to turn around laggard performance, the Wall Street Journal reported on Sunday.  Starboard has approached two former Pfizer executives- Ian Read and Frank D’Amelio- who have in turn expressed interest in…

2024.11.27 2024.11.27 Economic Calendar for the Week 02.12.2024 – 08.12.2024 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite the strong market volatility following Donald Trump’s ascension to the US presidency, the US dollar continues to dominate, with US stock indices showing positive trends. Besides, the greenback retains the status of a safe asset, attracting eager investors who anticipate further gains. At…

The police chief who used “exaggerated and untrue” intelligence to justify a ban on Israeli football fans was clinging on to his job on Wednesday, despite the home secretary demanding he resign. Craig Guildford, who leads West Midlands police, is determined to stay in his post for now, the Guardian has learned, despite a war…

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