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The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, turns higher on Friday, recovering from earlier weakness, though it remains on track to close the week in negative territory.It has been a volatile week for the US Dollar, with price action driven by suspected intervention by Japanese authorities, ongoing Middle East tensions, and renewed trade concerns. At the time of writing, the DXY is trading around 98.21, rebounding from a two-week low of 97.72 reached earlier in the day.Trade tensions resurfaced after US President Donald Trump threatened to raise tariffs on European…
“I do better than many citizens because I’ve contributed at the highest level.”
Most traders are taught to look for trends to find direction, follow it, and stay in the trade as long as possible. It’s a simple idea, but real markets don’t behave that cleanly. Whether you’re trading stocks, crypto, forex, or indices, price rarely moves in a straight line, especially intra-day. It may accelerate, stall, reverse, and shift direction, sometimes within the same session. Because of this, experienced traders don’t rely on trends alone. They focus on market episodes or short-term phases that reflect what price is doing right now. When you start viewing the market through episodes instead of continuous…
With Apple officially retiring its net-cash-neutral target, some suspect the company will look to conduct more transformative M&A, beyond the smaller deals it made in the past.
AUD/USD holds to minimal gains of 0.10% late in the North American session, yet poised to finish the week up 0.84%. At the time of writing, the pair trades above 0.7200 as the ‘bullish engulfing’ chart pattern caps the Aussie on the downside.AUD/USD Price Forecast: Technical outlookFrom a technical perspective, the AUD/USD trades near the top of a 100-pip consolidation range between 0.7100 and 0.7200, with traders awaiting fresh catalysts. Momentum is bullish as depicted by the Relative Strength Index (RSI) sitting above its neutral level.On the upside, the first resistance for AUD/USD is the psychological 0.7250 level. If cleared,…
Money coaches tell you how to move past the stigma and decide if tapping your retirement fund is rational or reactive.
S&P 500 is recovering very nicely and has broken decisively above 6620 after moving out of the diagonal formation a few weeks back. So clearly, we are now in a new recovery phase that could extend further in the near term because that clearly looks like an impulsive advance, meaning that recovery should be made by five subwaves, so more upside is coming after wave 4 pullback. Support is at 7053 level, followed by the 6976 level.On the daily chart, the market reacted nicely from the 6500 support area, which confirm that a higher degree wave four has been completed.…
Your 401(k) is probably in a target-date fund. This simple hack may help you earn more.
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the April policy meeting and responds to questions from the press.Key takeaways”Even if conflict ended tomorrow, energy impacts would still linger.””Not seeing second round effects.””Corp telephone survey suggests no significant wage increases.” ECB FAQs The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy for the region. The ECB primary mandate is to maintain price stability, which means keeping inflation at around 2%. Its primary tool for…
The S&P 500’s top-performing stock of the year has crossed the $1,000 threshold, fueling some speculation that management could announce a 10-for-1 stock split.