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Tag: Finance


Finance Tech, Liquidity

US Dollar Technical Outlook: EUR/USD, GBP/USD, NZD/USD Price Setups

May 23, 2024

Via: DailyFX

Earlier this week the ECB President Christine Lagarde mentioned that she is “really confident” that euro zone inflation is under control. The sentiment presented is in stark contrast to that revealed in the Fed minutes last night where the overall […]


Finance Tech, Liquidity

Euro Price Outlook: Euro Heads Lower as ECB June Meeting Nears

May 22, 2024

Via: DailyFX

The European Central Bank (ECB) President Christine Lagarde communicated yesterday that she is “really confident” that euro zone inflation is under control. Lagarde’s words convey certainty and confidence – something that the Fed and Bank of England (BoE) appear to […]


News

CFPB says buy now, pay later firms must comply with U.S. credit card laws

May 22, 2024

Via: CNBC

The Consumer Financial Protection Bureau declared on Wednesday that customers of the burgeoning buy now, pay later industry must abide by the same federal protections as users of credit cards. The agency unveiled what it called an “interpretive rule” that […]


Enterprise, Industries

Nvidia’s Q1 Earnings: Record Results Driven by AI Chip Dominance?

May 20, 2024

Via: DailyFX

NVIDIA is set to release its Q1 FY25 financial results on May 22, 2024, with expectations of delivering another record revenue and margin. In the previous earnings season, Nvidia stocks surged by nearly 10% on the earnings date. Will the […]


Finance Tech, Liquidity

EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook

May 10, 2024

Via: DailyFX

EUR/USD pushed higher on Thursday after bouncing off technical support at 1.0725, with prices challenging a key ceiling near 1.0790, where the 50-day and 200-day simple moving averages intersect. If this barrier fails to contain buyers, the next stop is […]


Finance Tech, Liquidity

Gold Price, USD/JPY, EUR/USD – Technical Analysis and Trade Setups

May 9, 2024

Via: DailyFX

Gold (XAU/USD) fell on Wednesday, marking the second consecutive session of losses and nearly erasing Monday’s entire rally. Despite short-term ups and downs, the precious metal has been locked in a sideways movement for the past two weeks. This period […]


Finance Tech, Mobile Banking & Payments

BNPL users tend to have lower incomes: Bank of America

May 6, 2024

Via: Payments Dive

Bank of America’s latest report signals that the growth of buy now, pay later services is continuing to slow down. The bank’s analysis of its internal data found that the proportion of Bank of America customers having made a BNPL […]


Finance Tech, Liquidity

US Dollar Forecast: Bears Mobilizing for Their Next Offensive? – EUR/USD, GBP/USD

May 6, 2024

Via: DailyFX

The U.S. dollar, as measured by the DXY index, was a tad softer on Monday in a context of mixed U.S. Treasury yields and thinner liquidity in the FX space, with UK markets closed for a bank holiday. Despite this, […]


Finance Tech, Liquidity

Japanese Yen Ticks Lower Again as Market Looks Past Intervention Jitters to Fed

May 1, 2024

Via: DailyFX

The Japanese Yen was lower again against the United States Dollar on Wednesday after what’s already been a wild ride for the currency this week. If, as looks increasingly likely, Japan’s Ministry of Finance intervened in the foreign exchange market […]


Finance Tech, Trading

China Vanke Shares Slump After Soft Results

April 30, 2024

Via: The Wall Street Journal

China Vanke 000002 -1.98% shares slumped after it posted soft first-quarter results amid continuing pressure in China’s property sector. Shares were 9.5% lower at 4.48 Hong Kong dollars (US$0.57) in Tuesday afternoon trading, taking this year’s loss to 38%. Shares […]


Finance Tech, Liquidity

Gold Price Under Technical Pressure, All Eyes on Fed Rate Decision and NFPs

April 29, 2024

Via: DailyFX

Market’s have opened the session on a mildly positive note, ahead of a week packed full of high-profile data and equity releases, along with the latest Federal Reserve policy decision. Data releases this week include US ISM readings and the […]


News

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

April 26, 2024

Via: NBC News

Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago […]


Capital, Finance Tech

Lloyds profits plunge by 28%

April 24, 2024

Via: Sky News

Britain’s biggest mortgage lender, whose subsidiaries include Halifax and Bank of Scotland, said pre-tax profits for the first three months of 2024 were £1.6bn. The figure is down 28% from the £2.3bn it reported during the same period last year. […]


News

What is bitcoin halving and what does it mean for crypto investors?

April 22, 2024

Via: MoneyWeek

Until a few years ago, the topics of bitcoin and cryptocurrency were incredibly niche. They fell firmly into the domain of “tech bro” investors who were willing to accept large swings in the value of their investments, hoping to make […]


Finance Tech, Liquidity

US Dollar Still on Bullish Path; Setups on EUR/USD, GBP/USD, USD/JPY, USD/CAD

April 18, 2024

Via: DailyFX

The US dollar, as measured by the DXY index, retreated from multi-month highs on Wednesday, dragged lower by a pullback in Treasury yields. Despite this retracement, the DXY remains biased to the upside, especially after top Fed officials signaled that […]


Enterprise, Industries

Trump Media shares plunge after company files to issue additional DJT stock

April 15, 2024

Via: NBC News

Shares of Trump Media plunged more than 13% on Monday after the company filed to issue millions of additional shares of stock. Trump Media’s dramatic slide came as Donald Trump headed to a Manhattan court to begin jury selection for […]


Finance Tech, Trading

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.66%

April 8, 2024

Via: Investing.com

Saudi Arabia stocks were higher after the close on Monday, as gains in the Retail, Telecoms & IT and Energy & Utilities sectors led shares higher. At the close in Saudi Arabia, the Tadawul All Share added 0.66%. The best […]


Energy, Industries

Brent Crude Prices Hit $90 as Geopolitical Tensions Flare up

April 5, 2024

Via: DailyFX

OPEC met this week with the organization largely expected to stick to the prior agreement for oil supply in Q2. Numerous officials, who wished to remain unnamed, were cited by Reuters in the lead up to the meeting that took […]


Finance Tech, Liquidity

Australian Dollar Q2 Fundamental Forecast: Long AUD/USD Downtrend May Be Fading at Last

March 29, 2024

Via: DailyFX

The Australian Dollar has endured a miserable couple of years against its big brother from the United States. Weakness has continued into 2024 so far. But there might be some better news ahead for Aussie bulls, even if much of […]


Energy, Industries

Ofgem launches consultation on future of energy price cap amid UK net zero push

March 25, 2024

Via: MoneyWeek

Ofgem has launched a review into the future of the energy price cap in a bid to ensure it continues to protect consumers in the net zero age. The energy regulator said the move towards renewable energy sources, use of […]