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Mullen Automotive hands resellers another 586 million shares
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Mullen Automotive stock has lost about 80% of its value since May 4.
Now the EV startup is issuing…
Japanese Yen Still Battered By BOJ’s Policy Outlier Status
Investors will hear from central banks on both sides of USD/JPY this weekThe Bank of Japan looks set to stick with its ultra-loose policy settingsIf so the Yen will continue to lose out to better yielders
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10 Questions To Gauge If Your Trading Account Is Properly Funded
I usually encounter a lot of questions regarding the ideal amount of capital you should put in forex trading.
On one hand, I recommend risking money that you can afford to lose. On the other hand, there are plenty of risks associated…
A test of the 2023 high looms closer
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EUR/JPY adds to the weekly upside and surpasses 151.00.
Further gains could see the 2023 top…
Outlook on FTSE 100, DAX 40 and S&P 500 ahead of Wednesday’s FOMC meeting.
Article written by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, and S&P 500 Analysis and Charts
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FX Play of the Day: Watching EUR/USD’s Inflection Point Ahead of the FOMC Decision
In case you missed it, market players believe that the Fed would “skip” from raising its interest rates in June after deciding on rate hikes every decision day since March 2022.
The markets’ dovish bias was further supported by…
Treads water around mid-0.9000s on Fed day, bulls have a long way to go
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USD/CHF remains sidelined within the key DMA envelope amid pre-Fed inaction.
Clear downside break…
Euro Gains as the US Dollar Frets ahead of the Fed after Benign CPI. Higher EUR/USD?
Euro, EUR/USD, US Dollar, FOMC, Fed, ECB, EUR/NOK, Crude Oil, Gold - Talking PointsEuro has steadied slightly lower going into Wednesday’s tradeUS CPI might have given the green light for the Fed to pause/skip hikeThe post-FOMC decision…
Chart Art: Another Potential Gold (XAU/USD) Breakout?
Here’s one for the gold bugs out there!
The precious metal is back in consolidation mode, and it looks like a breakout is due soon.
On the hourly time frame below, you can see that XAU/USD formed lower highs and found support around…
200-SMA checks Kiwi buyers within weekly bullish channel, Fed in focus
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NZD/USD retreats from three-week high, stays mildly bid despite the latest fall toward intraday low.…