Tesla stock price slumps after Q2 earnings
Tesla issued a disappointing set of Q2 earnings last night, driving the stock price lower.
Japanese Yen’s Comeback: Analyzing the Recent Market Shift
USD/JPY bearish trend accelerates. Examine key support levels, BoJ meeting probabilities, and the yen’s resurgence in the forex market.
Euro (EUR/USD) Weakens After German PMIs Disappoint, Rate Cut Expectations Rise
The German Composite PMI fell to a four-month low and back into contraction territory in July, strengthening the case for further rate cuts in the Euro Area.
Meta Q2 2024 Earnings Preview: Steady Growth and a Focus on its AI Story
Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024
Ethereum (ETH) Spot ETFs Up and Running
Ethereum spot ETFs have been finally given the green light to start trading, but can they replicate Bitcoin’s ETF success?
Retail Trader Sentiment Analysis – USD/JPY, EUR/JPY, and AUD/JPY
The Japanese yen outperforms the Aussie dollar in early trading as the AUD selloff continues. What does retail positioning suggest about future price movements?
Alphabet’s Earnings Preview: Steady growth and a focus on its AI story
Alphabet, Google’s parent company, is scheduled to report second quarter earnings on 23 July 2024 after US markets close. Here’s a breakdown of what to expect and watch for.
AUD/USD Technical Outlook: Charting the Downtrend and Potential Reversals
AUD/USD bearish trend: Investigate support levels, positioning shifts, and macro factors relevant to the pair. Global politics likely to be a major factor for the Aussie in the coming months
Gold (XAU/USD) – Recent Sell-off May Open Up Opportunities
Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week. The backdrop for the precious metal still remains positive.
Euro (EUR/USD) Little Moved as ECB Leaves Rates Unchanged, September Meeting Now Key
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections, now key.