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Asia FX muted, dollar slips from 2-yr high on soft inflation data By Investing.com
BySilas WInvesting.com– Most Asian currencies moved little on Monday, while the dollar steadied from a tumble from over two-year highs after soft U.S. inflation data spurred some hopes that interest rates will still fall in 2025. Asian currencies were nursing steep losses against the dollar from last week, although they trimmed some declines on Friday after…
McDonald’s stock sputters after Q3 earnings, E. Coli outbreak
BySilas WKey points McDonald’s stock was down slightly on Tuesday after releasing Q3 earnings. The fast food chain beat analysts estimates. It announced that last week’s E. Coli outbreak has been contained and was due to onions, not beef. The fast food chain beat third quarter earnings and revenue estimates. McDonald’s (NYSE:MCD) has been dealing with…
Chart Art: Bitcoin (BTC/USD) Is Near A Long-term Resistance Area!
BySilas WBitcoin has had a good October so far, climbing from its $60,400 lows to its current levels near $67,650. Can the OG crypto count on “Uptober” to push BTC/USD consistently above a key technical resistance zone? We’re taking a closer look at the daily chart! Bitcoin (BTC/USD) Daily Chart by TradingView Bitcoin has been seeing…
AMD Shares Surge After Partnership Announcement with OpenAI
BySilas WAccording to media reports:→ The deal involves AMD supplying processors of various generations to support the deployment of artificial intelligence infrastructure with a total capacity of 6 gigawatts.→ The partnership is expected to generate billions in revenue for AMD starting in 2026.→ Barclays analysts have raised their price target for AMD shares from $200 to…
Silvers hits new highs on increased demand. Forecast as of 29.05.2024 | LiteFinance
BySilas W2024.05.29 2024.05.29 Silvers hits new highs on increased demand. Forecast as of 29.05.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Strong industrial demand for silver, especially from India and China, and the metal’s appeal as a financial asset are working wonders. XAGUSD prices have soared to 11-year highs. Let’s talk about it and make a trading plan. Monthly fundamental forecast…
Gold extends the range play, holds above $2,500 as traders await FOMC minutes
BySilas WGold price shot to a fresh all-time peak on Tuesday amid dovish Fed-inspired USD selling bias. Geopolitical tensions further contributed to driving flows towards the safe-haven XAU/USD. Bulls take a pause and await more cues about the Fed’s rate-cut path before placing fresh bets. Gold price (XAU/USD) extends its sideways consolidative price move above the…

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