Israeli intelligence now assesses that Hezbollah and Iran have lowered the level of alertness in their rocket and missile units and that the response will take place at a later date, according to five Israeli officials, cited by the New York Times. “By Friday, Israeli intelligence had assessed that Hezbollah and Iran had lowered the level of alertness in…
Dow Jones chalked in further gains on Friday as investors sentiment climbs. Equities are on pace for one of their best weeks of the year. Consumer sentiment indicators ticked higher on Friday. The Dow Jones Industrial Average (DJIA) notched in 100 points on the high side on Friday after kicking the day off on the low side. Bids tested…
Oil rigs -2 to 483 Gas rigs +1 to 98 WTI crude oil was last down $1.60 to $76.49. This article was written by Adam Button at www.forexlive.com.
NZD/USD resumes gains and sees more than 1% gains, rising to 0.6050. Rising green bars on the MACD and RSI around 55 indicate increasing bullish momentum. Pair trades above immediate support of 0.6030, and faces resistance at 0.6070-0.6100. In Friday’s session, the NZD/USD pair resumed its upward trajectory, extending gains to 1% to reach 0.6050 and managed to clear part…
Solana (SOL) price prediction: Bullish vs. bearish scenarios for the future value of SOL The Solana (SOL) cryptocurrency has been one of the most talked-about assets in the crypto space, known for its high-performance blockchain and a surge in market value in recent years. As someone who has actively traded Solana since its early days, I’ve observed firsthand how…
The Canadian Dollar was broadly softer, but gained against USD on Friday. Canada is due to release its latest CPI inflation update next week. US consumer sentiment ticked higher in August, sparking an uptick in risk appetite. The Canadian Dollar (CAD) was overall softer on Friday, shedding weight across the currency board, but still found gains against the risk-appetite-weakened…
A note from economists at the investment bank. I haven’t spotted it yet but news wires carrying the highlights. In summary: cuts US recession likelihood to 20% from 25%, and says it may cut further, to 15%, if the nonfarm payroll report for August is ‘reasonably good’ GS cite the retail sales data, best since early in 2023, and…
NZD/JPY mildly rose to 89.30, testing the 20-day SMA. The RSI is near 50 while the MACD shows flat green bars, signaling that the momentum is sideways. A jump above the 20-day SMA would confirm a bullish outlook. The NZD/JPY pair gained ground in Friday’s session, climbing to 89.30. The uptick follows side-ways movements during the week, but the…
The US dollar is under broad pressure as risk trades improve and we tick towards the weekend. Earlier, Treasury yields were low and that that should have weighed on the dollar but didn’t. AUD/USD has rose to the highest since July 21 in the latest leg. This article was written by Adam Button at www.forexlive.com.
USD slid following the University of Michigan Sentiment figures and housing market data. Markets remain confident about a cut in September. Greenback might continue being sensitive on data releases. On Friday, the US Dollar (USD), as measured by the US Dollar Index (DXY), experienced a decline following the release of the University of Michigan’s Consumer Sentiment Index figures and…
