Japanese yen hits 5-mth high as dollar remains weak amid recession worries

Japanese yen hits 5-mth high as dollar remains weak amid recession worries
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Japanese yen hits 5-mth high as dollar remains weak amid recession worries
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The Super Micro Computer, Inc. (SMCI) stock chart shows:→ Friday’s closing price rose over 13% from Thursday’s close;→ The stock has surged more than 80% from its February low;→ Friday’s close marked the highest level since late October 2024. SMCI’s rally comes despite an 11 February quarterly report that missed expectations:→ EPS: $0.59 vs. expected…
The GBP/USD outlook indicates a more dovish outlook for the Fed compared to that of the BoE. The US economy added only 22,000 new jobs in August. Market participants are expecting at least three Fed rate cuts before the year ends. The GBP/USD outlook indicates a bullish momentum as the Fed outlook is more dovish…
After European leaders revealed substantial investment plans for defense and infrastructure, the euro experienced a surge against the US dollar (EUR/USD). This coincides with President Trump’s acknowledgment that tariffs are causing some disruption to the US economy. The necessity for EUR/USD to climb substantially higher, perhaps to 1.08, will depend largely on whether US economic…
FOMC Preview: Hawkish Cut? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Wyckoff Distribution Schematic: A Simple Guide to Understanding Market Phases The Wyckoff distribution schematic is a useful tool for traders who want to understand how markets behave during distribution phases. Created by Richard D. Wyckoff, this method helps traders identify patterns that signal a shift from an uptrend to a downtrend. By learning this distribution…
In this technical article we’re going to take a look at the Elliott Wave charts charts of Cardano (ADAUSD) published in members area of the website. As our members know, we generally favor the long side in cryptos, and they have recently offered good trading opportunities. Caradano has recently complete expanded flat against the 0.514…