GBPUSD Holds Strong Above 1.2600 Amid Optimism

The GBPUSD pair exhibits a positive momentum, climbing above the 1.2600 mark during the early Asian session.

Ahead of further rate cues, Asian stocks are cautious;

Asian stocks faced a retreat on Wednesday, mirroring the prior weakness in Wall Street, driven by fluctuating risk sentiment ahead of signals

Electric vehicle wireless charging is getting closer

Despite interest from various companies, significant challenges persist, including slow charging speeds and the need for substantial investment in charging

'Largest immediate' boost to copper and gold from Fed

Analysts from Goldman Sachs anticipate that copper and gold will experience the most immediate price surge in the commodities sector due to potential interest

AUD Gains Momentum as RBA Signals No Rate Cuts

The Australian Dollar (AUD) extended its winning streak for the sixth consecutive session, supported by the Reserve Bank of Australia's (RBA) meeting minutes.

UK has a record monthly budget surplus, but the outlook

Britain recorded its highest-ever monthly budget surplus in January, driven by significant seasonal tax inflows, according to official figures released

Nasdaq and S&P 500 futures rise as Nvidia surges

In the evening trading session on Wednesday, S&P 500 and Nasdaq futures saw an increase, primarily led by the optimism surrounding

Rangebound in dollars, a variety of PMI data

The dollar remained stable on Thursday as traders awaited various business activity surveys to assess the economic health of major countries and its potential

Identifying Market Trends

In the world of technical analysis, we often encounter three types of trends: short-term, intermediate-term, and long-term.

Will 2024 See Further Increases in Savings Rates?

As the Federal Reserve increased interest rates throughout 2022-2023, the rates on high-yield savings accounts and CDs followed suit.