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EUR/USD: The Euro stabilises near multi-month highs at $1.1260 as European Inflation Data Looms
EUR/USD: The Euro stabilises near multi-month highs at $1.1260 as European Inflation Data Looms

After last week's very low inflation report, the dollar doesn't have much to give investors. Then comes Europe.

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Fyana PachecoJuly 18, 2023Comment
SPX: S&P 500 Dives as Big US Banks Rake In $49bn in Lending Profits
SPX: S&P 500 Dives as Big US Banks Rake In $49bn in Lending Profits

Three banks made close to $50 billion in profits in Q2 because they made more deals. However, higher rates hurt consumers and businesses.

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Fyana PachecoJuly 17, 2023Comment
BNB: A big change to the BNB chain is coming in June to try to fix security problems
BNB: A big change to the BNB chain is coming in June to try to fix security problems

Binance's BNB Chain is getting ready for a "ZhangHeng" hard fork, which will supposedly make the blockchain much safer. The upgrade is set to happen on July 19, and each user's wallet value will be tracked more closely in every block. This will make it harder for bad actors to steal money when the network is compromised.

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Fyana PachecoJuly 13, 2023Comment
DXY: The Dollar Index Shakes After Losing for Four Days. Will data on inflation bring it down even more?
DXY: The Dollar Index Shakes After Losing for Four Days. Will data on inflation bring it down even more?

Inflation is expected to be 3.1% in June, which is a lot less than what it was in May. You can expect volatility.

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Fyana PachecoJuly 12, 2023Comment
USD/JPY: The dollar falls sharply against the yen as the pair breaks through 145.00
USD/JPY: The dollar falls sharply against the yen as the pair breaks through 145.00

In just three days, the exchange rate dropped as much as 3%. Is the run of the dollar about to end?

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Fyana PachecoJuly 11, 2023Comment
As traders expect, the euro stabilises near $1.09 Jobs Report for June
As traders expect, the euro stabilises near $1.09 Jobs Report for June

On Jobs Days, traders will respond to June's nonfarm payrolls. They expect 240,000 new jobs to be added.

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Fyana PachecoJuly 7, 2023Comment
XAU/USD: Gold Makes Steady Gains Above $1,925, Going Up for Fourth Straight Session
XAU/USD: Gold Makes Steady Gains Above $1,925, Going Up for Fourth Straight Session

As business deals pick up in the second half, the price of gold has gone up about $30 from its low point in late June.

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Fyana PachecoJuly 6, 2023Comment
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