May 24, 2024
USD/CAD gained 0.4%
The Loonie-Dollar pair gained 0.4% in the last session. The Stochastic indicator is giving a negative signal.USD/CAD gained 0.4% in the last session.The Stochastic indicator is currently in the negative zone.Support: 0.7264 | Resistance: 0.7312
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May 23, 2024
Oil slips for third day
U.S. crude oil inventories rose unexpectedly last week due to a big adjustment for unaccounted barrels, while gasoline stockpiles fell as demand grew ahead of the summer driving season, the Energy Information Administration said. Oil prices fell around 1.3% , retreating for a third straight day on expectations that U.S. interest rate cuts might be […]
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May 23, 2024
Wall Street indexes struggled for direction
Wall Street’s main indexes struggled for direction on Wednesday as investors kept to the sidelines ahead of AI chip leader Nvidia’s quarterly results and minutes of the Federal Reserve’s policy meeting.
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May 23, 2024
Gold prices slipped
Gold prices fell over 1% as the gold rally cooled with investors booking profits, while focus shifted to minutes from the Federal Reserve’s recent policy meeting for more clarity on the central bank’s rate trajectory. The Gold-Dollar pair dove 1.7% in the last session. The Stochastic-RSI is giving a negative signal.Support: 2393.0933 | Resistance: 2448.2333
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May 23, 2024
Sterling builds on gains
Sterling edged higher while UK stock futures fell after Prime Minister Rishi Sunak called a parliamentary election for July 4, which analysts said removed a degree of political uncertainty from the picture for traders. The ROC for the GBP/USD currency pair is giving a positive signal.Support: 1.2668 | Resistance: 1.2748
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May 23, 2024
Ether security debate continues
The debate around whether Ether is a security has taken center stage in the crypto ecosystem as the United States Securities and Exchange Commission’s deadline for deciding on whether to approve a spot Ether exchange-traded fund is just hours away.
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