The Biden administration’s ambitious environmental agenda has significantly boosted electric vehicle (EV) adoption in the U.S., with EV penetration rising from 2.5% in 2020 to 10% in 2024 year-to-date, as per Bernstein. However, as per the equity research and trading firm, recent months have seen a slowdown in EV growth, raising concerns about meeting the…
Introduction: The Secret of Longevity in Forex Trading In the complex and often volatile world of forex trading, finding a reliable and sustainable tool can be challenging. The “Evergreen Scalper EA” aims to fill this gap, positioning itself as a durable and efficient Expert Advisor (EA) with consistent updates and a strong track record. While…
Investing.com — The potential impact of U.S. Federal Reserve rate cuts on the pair is a critical issue for investors and currency strategists, particularly as we approach a possible Fed pivot in 2024. With divergent monetary policies between the Fed and the Bank of Japan (BoJ), market participants are divided on whether Fed rate cuts…
Updated data show consistent objective response ra The post Cullinan Therapeutics Presents Positive Updated Data from Module C of Zipalertinib Pivotal Phase 2b Study at ESMO 2024 appeared first on ForexTV. Source link
The financial markets have been more influenced by speculations than by concrete economic data, as anticipation builds ahead of Fed’s interest rate decision on September 18. Recent US economic indicators, including the latest CPI report and the prior week’s non-farm payrolls, pointed toward a cautious and modest 25bps rate cut. However, traders and investors chose…
EUR/USD dipped to 1.1001 last week but rebounded ahead of 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Initial bias remains neutral this week first. On the upside, break of 1.1153 resistance will suggest that later rally is ready to resume and target 1.1200, and then 1.1274 high. On the downside, however, sustained break of…
USD/JPY’s fall from 161.94 resumed by breaking through 141.67 support last week. Initial bias stays on the downside this week for 139.26 fibonacci level. Decisive break there would carry larger bearish implications. On the upside, above 143.03 resistance will turn intraday bias neutral first. But outlook will remain bearish as long as 147.20 resistance holds,…
AUD/USD edged lower to 0.6621 last week but drew support from 38.2% retracement of 0.6348 to 0.6823 at 0.6642 and recovered. Upside is capped below 0.6766 resistance and initial bias stays neutral this week first. On the downside, break of 0.6621 and sustained trading 0.6642 will target 61.8% retracement at 0.6529. Nevertheless, break of 0.6766…
China retail sales, industrial output, investment data for August 2024 – another round of disappointing results. Retail Sales +2.1% (YoY) (Aug) expected 2.5%, prior 2.7% Industrial Production +4.5% (YoY) (Aug) expected 4.8%, prior 5.1% Fixed Asset Investment +3.4$(YTD) (YoY) (Aug) expected 3.5%, prior 3.6% Unemployment 5.3% expected 5.2%, prior 5.2% Also published were home prices…
BDSwiss Faces Mass Staff Exodus and Withdrawal Issues, Blames “Restructuring” This week, we featured one of the top stories in the industry: mass layoffs and withdrawal issues at BDSwiss. Finance Magnates exclusively learned that the company witnessed the departure of at least ten employees, including several top executives, in the past few days. Moreover, dozens…