US April CPI Expected to Justify the Fed’s Inaction – Orbex Forex Trading Blog

EUR/USD edged higher to 1.1572 last week but retreated since then. A short term top could be formed on bearish divergence condition in 4H MACD. Deeper decline is in favor this week. Nevertheless, strong support should be seen from 38.2% retracement of 1.0176 to 1.1572 at 1.1039 to contain downside. On the upside, break of…

Broadridge Financial Solutions has announced a major upgrade to its advisor marketing platform, introducing Wix-powered, mobile-first websites and new video marketing tools aimed at boosting lead generation and client engagement. The fintech group said the enhancements will help wealth firms and financial advisors strengthen their digital presence at a time when investor behaviour is shifting…

The reason for the optimism is a report from Reuters that CEO Pat Gelsinger is planning to present a comprehensive plan to the board of directors in mid-September: → Special attention will be given to reducing capital expenditures, which is part of a broader effort to revitalise the chipmaker, whose shares have experienced a dramatic…

The EUR/USD is following a well-defined technical script after the ECB’s 25-basis-point rate cut. The pair initially dropped to a low of 1.0463, just above the upper boundary of a key swing area between 1.0448 and 1.0461. Buyers stepped in at this risk-defining level, triggering a rebound. The subsequent upside move took the price toward…

On Thursday, it was announced that Hidden Road has received approval from the Financial Industry Regulatory Authority (FINRA) for its US subsidiary, Hidden Road Partners CIV US LLC, to operate as a broker-dealer.  The move comes not long after it was announced that Hidden Road was acquired by Ripple for $1.25 billion. The licence enables…