Friday , 10 January 2025

Forex

Forex

Lululemon Athletica Stock News: LULU plunges 18% on lower 2024 revenue guidance

A Wall Street favorite, Lululemon Athletica (LULU) stock was dashed against the rocks on Friday due to management’s lower outlook for revenue in...

Forex

Italy targeted GDP and 1% for 2024

Italy is targeting GDP growth of 1% for 2024. That is above economist estimates.Meanwhile, the EURUSD is trading near lows for the day...

Forex

AUD/USD to end the year around 0.7200 before driving higher over 2025 – NAB

AUD/USD has traded in the 0.6500 range through March – with a short rise above 0.6600.

Forex

Good upside potential for NOK once USD rates start moving lower – ING

Norges Bank maintained the policy rate as expected but we got a slightly hawkish surprise.

Forex

GOP squabbles: Rep Marjorie Taylor Green files motion to oust Speaker Mike Johnson

The squabbles amongst the GOP continue with Georgia representative Marjorie Taylor Green filing motion to oust Speaker Mike Johnson.Meanwhile, the house appears to...

Forex

USDCAD retests the high swing area between 1.36049 – 1.36269

The USDCAD is extended to a new session high, and in the process is back testing the swing area between 1.36049 and 1.36269...

Forex

Fed: Three rate cuts in 2024, starting in June – Rabobank

The Fed is aiming for three rate cuts, in the view of economists at Rabobank.

Forex

The AUDUSD ping-pongs this week between trend lines in volatile up and down price action

The AUDUSD has been ping-ponging this week in volatile up and down trading. Looking at the chart below, the price action initially was...

Forex

USD/JPY Price Analysis: Hanging Man at highs could be bearish omen

USD/JPY has formed a bearish Hanging Man Japanese candlestick pattern (circled) at key chart highs in the 151.000s on Friday, suggesting a heightened...

Forex

USD/MXN: Mexican Peso weakness is unlikely given the current carry environment – Rabobank

Banxico announced its latest rate decision on Thursday, March 21, when it decided to cut rates for the first time since 2021.