Forex
Riding the wave: ($XLU)’s impressive rally and what’s coming next
In today’s article, we will follow up on the past performance of the SPDR Utilities Select Sector ETF ($XLU) forecast.
ForexLive European FX news wrap: Dollar gains slightly on softer risk mood
Headlines:Euro nudges a little lower after the data releasesWhy the markets went into risk-off yesterday?Stocks stay on the defensive so far on the...
FAME Awards 2024 Honor Industry’s Elite in Africa
The second annual Financial Achievements in Markets Excellency awards (FAME) ceremony took place on the 21st of May 2024 in Sandton City, South...
EUR/JPY bounces back from 170.00 with German Inflation in focus
The EUR/JPY recovers the dip to near 170.20 that was influenced by Bank of Japan (BoJ) board member Seiji Adachi’s commentary on the...
United States MBA Mortgage Applications fell from previous 1.9% to -5.7% in May 24
United States MBA Mortgage Applications fell from previous 1.9% to -5.7% in May 24
US MBA mortgage applications w.e. 24 May -5.7% vs +1.9% prior
Prior +1.9%Market index 190.3 vs 201.9 priorPurchase index 138.4 vs 140.0 priorRefinance index 463.8 vs 536.9 prior30-year mortgage rate 7.05% vs 7.01% priorThe...
Crude Oil Technical Analysis – Strong growth data boosts prices
Fundamental OverviewCrude oil has been falling steadily since topping around the $87.50 level following the mutual retaliations between Iran and Israel. The drop...
AUD/JPY weakens below 104.50 as BoJ’s Adachi emphasizes reducing bond buying
AUD/JPY halted its three-day winning streak, trading around 104.30 during the European session on Wednesday.
New Zealand Dollar moves below 0.6150 ahead of Fed’s Beige Book
NZD/USD extended losses for the second successive session, trading around 0.6140 during the European hours on Wednesday.
Portugal Consumer Confidence increased to -18.5 in May from previous -20.4
Portugal Consumer Confidence increased to -18.5 in May from previous -20.4