Date Archives

Day: May 31, 2023

Dollar Surges as European Inflation Slows

May 31, 2023

As European inflation slows, the dollar rises to its highest level since mid-March. After statistics revealed that China’s growth is faltering and that European inflation...

S&P 500 Faces Resistance, Technical Analysis Points to Potential Decline

May 31, 2023

S&P 500 WEEKLY SCENARIO S&P 500 TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, S&P 500 is trading in an up channel. S&P 500 is...

FTSE 100 Declines on Weak Chinese Figures

May 31, 2023

Weak Chinese activity figures and declining company confidence caused the FTSE 100 to decline The mood was negatively impacted by disappointing Chinese activity statistics and...

GBP/USD Declines Toward 1.2350 Amid Stronger USD

May 31, 2023

GBP/USD continues to decline towards 1.2350 despite a stronger US dollar. FUNDAMENTAL OVERVIEW In the European session, the GBP/USD is continuing to decline towards 1.2350....

Alibaba’s Hiring Commitment Amidst Job Reports

May 31, 2023

Alibaba Commits to Hiring 15,000 Individuals in the Current Year Amidst Reports of Job Reductions. Alibaba Group, the Chinese tech conglomerate, has refuted rumors of...

Microsoft & Accenture Empower Indian Startups

May 31, 2023

Microsoft and Accenture Join Forces to Empower 13 Social Impact Startups in India. Microsoft (NASDAQ: MSFT) received an “overweight” rating from an analyst at Piper...

NZDUSD: Bearish Trend and Trading Strategy

May 31, 2023

NZDUSD: WEEKLY SCENARIO NZDUSD Technical Analysis: Weekly Chart In the weekly charts, NZDUSD was trading in a down channel. NZDUSD is currently trading above all...

NZDJPY: Bullish Trend and Trade Opportunities

May 31, 2023

NZDJPY: WEEKLY SCENARIO NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all...

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