It is a Buy BUT not yet. Let me explain. Meta Platforms, Inc. (META) remains one of the most popular and closely watched stocks on the market, known for its innovation and dominance in the tech space. But with META trading near its all-time highs earlier this year, many investors are asking: Is it time to buy, hold, or…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
This week our currency strategists focused on the U.K. Employment Report (October 2024) and Australia’s Employment Report (October 2024) for potential high-quality setups. Out of the eight scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Check out our review on those…
The US dollar is under some broadening pressure. It could be an unwind of fixing flows but it’s something worth watching, particularly as Treasury yields come back down. Here is a look at AUD/USD, which at times has been a forerunner of risk appetite. AUD/USD 5 mins The biggest move on the day has been USD/JPY, which is painting…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
European stocks were very strong yesterday in what looked like it could be a reversal but the bears returned today and left indexes lower on the week. On the day: Stoxx 600 -0.8% German DAX -0.1% France CAC -0.5% UK FTSE 100 -0.2% Spain IBEX +0.7% Italy’s FTSE MIB -0.5% On the week: Stoxx 600 -0.7% German DAX flat…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
UPCOMING EVENTS: Monday: US NAHB Housing Market Index. Tuesday: RBA Meeting Minutes, Canada CPI, US Housing Starts and Building Permits. Wednesday: PBoC LPR, UK CPI, Eurozone Wage Growth. Thursday: Canada PPI, US Jobless Claims. Friday: Australia/Japan/EU/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales. Tuesday The Canadia CPI Y/Y is expected at 1.9% vs. 1.6% prior, while…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
Kudlow A Wall Street Journal report says Trump is tiring of a “cold war” between Howard Lutnick and Scott Bessent for the job as Treasury Secretary and is now looking at others. One is TV personality Larry Kudlow, who was director of the National Economic Council for the latter half of Trump’s first term. The report also said that…
