Yen, dollar firm as bumper rates week keeps safe-havens bid

The EURUSD pair has hit a roadblock, failing to break above the 1.1188 resistance level. As a result, it’s now confined to a trading range between 1.1068 and 1.1188, leaving traders wondering about its next move. Despite this consolidation, the broader uptrend from 1.1001 remains intact as long as the 1.1068 support holds. This sideways…

Are we about to see a bounce or a break for Brent crude oil? The energy commodity has formed lower highs and higher lows lately, creating a symmetrical triangle pattern on its 4-hour chart. Better keep this triangle support zone on your radar if you’re hoping to catch a move! Brent Crude Oil (UKOIL) 4-hour…

McDonald’s (MCD) stock is holding steady near $298, showing resilience despite mixed consumer trends and pricing pressures. Financially, the company remains strong with a market cap above $213 billion, a dividend yield of 2.37%, and nearly 50 consecutive years of dividend increases. Its Q2 earnings are expected on July 28, with analysts projecting modest profit growth….

Investing.com – The U.S. dollar edged slightly lower Monday in thin holiday-affected trading, with traders awaiting key labor market data for clues of potential Federal Reserve interest rate cuts. At 05:55 ET (09:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 101.577, after previously…

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