Similar Posts
McDonald’s Ends AI Trial But the Future Is Unclear
McDonald’s (MCD) is to end its AI trial that has been taking place at more than 100 of its restaurant locations across the US. While no official reason has been given for bringing this trial to a close, a spokesperson said that its plans for the automation of orders would be available by the end…
Today’s Half Percentage Point Further Increase in Brazil’s Selic Interest Rate Had Been Expected – Currency Thoughts
Today’s Half Percentage Point Further Increase in Brazil’s Selic Interest Rate Had Been Expected May 7, 2025 After decelerating from 12.1% in mid-2022 to 3.2% a year later, Brazilian consumer price inflation climbed back to a 25-month high of 5.5% by March of this year. Today’s increase in the Central Bank of Brazil’s Selic interest…
Sunset Market COmmentary – Action Forex
Markets The European Commission published its Autumn Economic Forecast today. They project real GDP growth of 1.3%-1.2%-1.4% in the euro area. Economic growth exceeded the Commission’s Spring forecast (0.9%-1.4%-1.4%) in the first nine months of the year thanks to a surge in exports ahead of anticipated tariff increases and a stronger performance of investment in…
USDCHF stretches higher toward key resistance targets | Forexlive
USDCHF technicals The USDCHF continued its move to the upside after breaking above the 100-hour moving average at 0.82556. That level became a springboard for buyers, who stepped in and pushed the pair higher during the session. Earlier in the week, the 200-hour moving average (green line) provided support, helping to form a base for…
The US Court of Appeals has lifted some of Trump’s tariffs — trade uncertainty continues
At the end of Thursday, the Dow Jones Index (US30) rose by 0.28%. The S&P 500 (US500) added 0.40%. The Nasdaq (US100) closed higher at 0.21%. Market growth was held back by ongoing legal battles over President Donald Trump’s tariffs. A federal court initially blocked most of the tariffs, ruling that they were imposed illegally,…
