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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
Be careful over positioning for further dollar weakness – UBS Source link
By Bradley Wade Bishop, University of Tennessee Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see – museum collections are filled with all this and more. These collections are treasure troves that recount the planet’s natural and…
Cycle from 8.5.2024 low in GBPJPY is in progress as a double three Elliott Wave structure. Up from 8.5.2024 low, wave (W) ended at 193.48 and pullback in wave (X) ended at 183.67. Internal subdivision of wave (X) unfolded as a zigzag. Down from wave (W), wave A ended at 187.23 and wave B ended…
McDonald’s (MCD) stock has faced short-term pressure, dropping about 2% recently, yet its fundamentals remain strong. The company continues to benefit from its global franchising model, which delivers high margins and stable cash flow. Moreover, analysts highlight that despite inflationary challenges, McDonald’s has maintained revenue growth and resilient consumer demand. Transitioning into the next quarter,…
GBPUSD: The GBP/USD pair is showing signs of recovery, trading close to 1.2580 during Monday’s Asian session. This comes as the Bank of England (BoE) saw a divided vote among its policymakers on the necessity of interest rate cuts to address the slowing economy. The Bank of England’s Monetary Policy Committee (MPC) voted 6-3 in…