Author: Admin
EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates.Euro supported by upbeat PMIs; Moody’s warning on France limits upside momentumInflation data in the US would not move the needle in favor of Fed hawks, missing estimates to the downside, though it remains far from the central bank 2% goal. After that, S&P Global showed that the economy shows signs of strength as manufacturing and services flash PMIs,…
“Each apartment would be priced close to $225,000.”
The Power of the Hard Trade Succesful ? One of the biggest lessons I’ve learned from years of trading forex is simple to say but hard to live by: the toughest trades are often the most rewarding. It’s an idea that sounds perfectly rational when you’re calm but in the middle of a fast-moving market, it’s incredibly difficult to apply. Traders who can master this mindset often see a dramatic improvement in performance. The Illusion of the “Easy” Trade Most new traders are drawn to the idea of buying low and selling high. It feels intuitive, even smart. Yet…
Cameron Winklevoss, co-founder and president of Gemini Trust Co., left, and Tyler Winklevoss, co-founder and CEO of Gemini Trust Co., on stage during the Bitcoin 2025 conference in Las Vegas, Nevada, on May 27, 2025.Bridget Bennett | Bloomberg | Getty ImagesThe Winklevoss twins, whose cryptocurrency company Gemini Space Station is going public, don’t expect bitcoin’s rally will stop anytime soon. In fact, they expect the cryptocurrency will reach $1 million over the next decade.”It’s still very much the bottom of the first inning because we see bitcoin trading at $1 million a bitcoin, if it disrupts gold,” Gemini co-founder Tyler…
German/ Eurozone flash PMIs OverviewThe preliminary German and Eurozone flash HCOB Purchasing Managers’ Index (PMI) data for October is due for release today at 07:30 and 08:00 GMT, respectively.Amongst the Euro area economies, the German and the composite Eurozone PMI reports hold more relevance, in terms of their impact on the European currency and the related markets as well.The flash Composite PMI for Germany is expected to have dropped to 51.6 from 52.0 in September. Moderate growth in the service sector activity and the continued contraction in the manufacturing sector are expected to have weighed on the overall business growth.…
As Target prepares for a new era with Michael Fiddelke at the helm, the retailer is reportedly cutting jobs in an effort to reduce the “complexity” that its new CEO says slowed down the company.
Have you ever wondered how the price of gold or silver is determined? It doesn’t just appear on a screen out of thin air—it’s the result of a process overseen by one of the most influential organizations in the world of precious metals: the London Bullion Market Association (LBMA). If you’re buying, selling, or recycling gold and silver, understanding the LBMA and the London Fixing can help you make smarter, more profitable decisions. What is the LBMA? The London Bullion Market Association, or LBMA, was officially established in 1987 at the request of the Bank of England to bring oversight…
Turn your forgotten gold jewellery pieces into real cash with our 101 guide to Brisbane Gold Exchange. Read on. If you’ve ever pulled open your drawer and seen old jewellery you no longer wear, or a few coins received from relatives, you must have wondered what to do with them. In Brisbane, one of the most popular practices is to exchange forgotten gold with gold buyers in the city. But if you’ve never sold gold and are looking for the best means to get maximum return on your treasure, here’s our all-inclusive guide to the process of gold exchange in…
The Pound Sterling (GBP) drops slightly to near 1.3340 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair edges down after comments from Bank of England (BoE) Monetary Policy Committee (MPC) member Swati Dhingra signaling that United States (US) tariffs could put downward pressure on prices in the United Kingdom (UK) economy.”Tariffs mean lower overall growth and some downward pressure on prices in the medium term,” Dhingra said in her prepared remarks at Ireland’s central bank on Thursday.The outlook for the British currency has become uncertain as traders have raised bets supporting more interest…
Cfoto | Future Publishing | Getty ImagesBeyond Meat shares closed lower Wednesday, erasing a triple-digit gain, as the meme stock rally faltered.The food company known for its plant-based burgers and sausages fell 1.1% on Wednesday, after surging 112% at one point in the session. The stock reached a high of $7.69 during the session, after closing Tuesday at $3.62. It ended Wednesday’s session at $3.58.It’s the latest in a volatile week for the company. On Monday, the stock rallied more than 127% after Roundhill Investments, which develops thematic ETFs, added the name to its Roundhill Meme Stock ETF (MEME).That decision…