Genuine Parts Company: Q1 2024 Performance
Quick Look: Genuine Parts Company (NYSE: GPC) reported Q1 2024 results with modest revenue growth under CEO Paul Donahue
Crude Oil Market Volatility Amidst New Sanctions
Quick Look: New sanctions targeting Venezuela’s crude oil sector affect US Gulf Coast supply as Mexico also cuts e
Boston Dynamics Launches A Humanoid Robot Electric Atlas
Quick Look: The Electric Atlas features improved strength, range of motion, and new gripper types, aiming to outperform
NZD/USD Struggles at Key Resistance Levels
Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160
TODAY'S FEATURED
LIVE FOREX CHART
Oil Prices Drop on Worries over Possible Oversupply
Oil Prices Fall as Future Growth Blurs
China Traders Play Down New Feed Guidelines
Crude Oil Market Volatility Amidst New Sanctions
WiSA Technologies Soars 17.1% on New 5-Year HDTV Deal
Gold, Silver Up Rs 10, Rs 100 Amid Global Strife
EDUCATION
Tether’s Strategic Pivot: Merging AI And Blockchain
Dogwifhat: Swift Ascent and Present Market Assessment
INJ’s $52.98 High Amidst 23% Weekly Drop
Options Trading: Strategies for Risk & Profit
Cryptocurrency Guide: Tips for New Investors In 2024
Market Trend Analysis: How to Maximise Profits in 2024
FOREX NEWS
FOREX NEWS
BROKER NEWS
NZD/USD Struggles at Key Resistance Levels
Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further
Market Volatility Drives USD/CAD Lower
Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break
USD/CHF Targets 0.9173 Amid Rising Channel
Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values.
Australian Dollar Rises 0.37% Despite Recent 2.2% Drop
Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1
US Dollar Nears 10-Week Highs Ahead of US Growth Report
The dollar was near a 10-week high on Friday as investors anticipated the US economic growth figures’ impact on its continuing strength that has been going on for months in the forex world. US President Trump has been outspoken
Dollar Goes Up Against other Currencies on Bullish Data
The dollar edged higher against a basket of its key rivals on Monday, not far from a 10-week high following that data that showed US economic growth slowed less than expected and as global risk sentiment stayed fragile. The
Euro Slides on German Chancellor News
The euro weakened on Monday after a report said that German Chancellor Angela Merkel will not seek re-election as party chairwoman, marking the end of a 13-year era in which she has dominated European politics. [img desc: Angela
Dollar Rallies on Risk-Averse Global Sentiment
The dollar experienced massive gains as investors flocked the world’s most liquid currency on fears of a slowdown in global economic growth. Read more here!
BROKER NEWS
Plus500 Witnesses Growth in Q1 Revenue
In the first quarter, Plus500 reported a $215.6 million revenue, marking a 4% rise Y-o-Y and a 14% increase Q-o-Q. Customer income was $169.6 million, with $30.6 million coming from customer trading performance. The remaining revenue came from interest income. Today’s unaudited trading update shows Plus500’s Q1 EBITDA
Plus500 Witnesses Growth in Q1 Revenue
Axi Renews CFD Sponsorship Deal with Football
Plus500 Expands Office Space in Haifa and Boosts Hiring
Robinhood UK Launch – No Fee Trading, Margins on Hold
NZD/USD Struggles at Key Resistance Levels
Quick Look: NZD/USD stalled at 0.5920 and faces resistance at 0.5940 with further hurdles at 0.6100, 0.6135, and 0.6160. Positioned below 200-hour EMA of 0.5950; RSI below 60, suggesting potential upward movement. Cautious investor sentiment due to US inflation, geopolitical tensions, and high US interest rates. The New Zealand Dollar (NZD) is
Market Volatility Drives USD/CAD Lower
Quick Look: USD/CAD declined by 0.1%: Recent market events pushed the pair to the mid-1.3750s after a strong start in April. Diverging monetary policies and economic data from the US and Canada influence the currency dynamics. The pair’s break below the 30-day SMA and RSI below 50 suggest downward momentum. The
USD/CHF Targets 0.9173 Amid Rising Channel
Quick Look: USD to CHF consolidating near 0.9105 with a neutral bias; key resistance at 0.9152. The first potential target is 0.9173; further rise may test 0.9240. Impact of Fed’s monetary policy and Middle East tensions on currency values. The USD to CHF pair remains on a steady ascent within its
Australian Dollar Rises 0.37% Despite Recent 2.2% Drop
Quick Look: The Australian dollar rose 0.37% to 0.62254 after a recent 2.2% drop. Employment slowdowns, as only 7,200 jobs appeared in March, cooling labour market signals. RBA rate decision pending; Next meeting on May 7, influenced by Q1 CPI figures. The Australian Dollar saw a modest recovery, increasing by 0.37%
Dukascopy’s Trading Revenue Takes an 80% Hit in H1
The Swiss-based Dukascopy today made its interim consolidated income statement public. The report showed a sharp 80% plunge in profits, dropping to CHF 889,000 in H1 of this year from CHF 3.9 million during