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EUR/USD Forecast: Bears take control, break through 1.0635 on the table

The EUR/USD pair remains under selling pressure as the US Dollar retains its strength, currently trading at around 1.0680. Following the upbeat Unite

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Bulls vs. Bears: Both Make a Compelling Case for the Market's Next Move

The S&P 500 Index closed lower for the second consecutive week and posted its sixth week of moving less than 1.0% in either direction. On the week, the U.S. stock barometer lost 0.3% and is... | May 15, 2023

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EUR/USD Forecast: Euro needs to reclaim 1.0950/60 to turn bullish

EUR/USD has staged a technical correction early Friday after having touched its weakest level in a month at 1.0900 on Thursday. The modest improvement

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Decelerating Inflation, Accelerating Claims, Debt Drama, Elon's Twitter News

Stephen Guilfoyle in his Market Recon column covers decelerating inflation, accelerating jobless claims, the ongoing debt ceiling drama, Elon Musk's news of a new Twitter CEO at hand and defense chiefs testifying about hypersonic weapons and the ability of the U.S. to defend itself against them....DIS

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Carvana Should Be Just a Rental if You Recently Took It Out for a Drive

Carvana (CVNA) should be nothing more than a trading rental if you recently took the stock out for a drive, writes stock trader Bob Byrne, who says the used-car e-commerce platform has had a nice few days, but the short squeeze candidate could decline quickly if momentum traders exit....DIS

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GBP/USD Forecast: Buyers shy away, eyes on BoE policy decisions

GBP/USD has retreated below 1.2600 early Thursday after having reached its highest level in a year at 1.2680 on Wednesday. The pair's near-term techni

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US: Weekly Initial Jobless Claims jump to 264K, highest level since October 2021

Initial Jobless claims totaled 264,000 in the week ending May 6, the weekly data published by the US Department of Labor (DOL) showed on Thursday. The

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