Author: FX

The Dow Jones Industrial Average faced renewed downside pressure on Tuesday, tumbling 680 points from the previous day’s close at its lowest before finding a half-hearted technical floor near 46,255. The major equity index has pushed into a fourth consecutive bearish day as investors face headwinds on multiple fronts.Limited US jobs data does little to help the moodUS labor data continues to tease around the edges of a steepening downturn after US Initial Jobless Claims came in within familiar territory, rising slightly to 232K from the previous print of 219K. ADP’s Employment Change 4-week average improved to -2.5K from the…

Google is now winning the AI war.There has been something of a hype campaign around the release of Gemini 3 but people were skeptical. We have seen this before from OpenAI where they constantly hint that a new model is revolutionary and then release it and it’s not. So when Google was doing the same thing, AI watchers were understandably skeptical.One of the leaks was some of the benchmarking. As you can see, it looks like it blows everything else out of the water.Now for many users (especially non-coders) these kinds of metrics don’t always translate into usability. The trillions…

AUD/USD trades steady on Tuesday, around 0.6490 at the time of writing, virtually unchanged on the day. The Australian Dollar (AUD) maintains a mild upward bias after the Reserve Bank of Australia (RBA) published Minutes showing policymakers see no urgency to cut the Official Cash Rate (OCR) as domestic demand remains robust and inflation pressures persist. However, the central bank also noted that monetary easing could be considered if growth weakens further or if labor-market conditions deteriorate materially.Markets now turn their attention to Australia’s third-quarter Wage Price Index, due Wednesday, with expectations for a 0.8% QoQ and 3.4% YoY increase.…

If you’ve been watching Sterling wobble over the past few weeks, you’re not alone. The British pound is having trouble sustaining any bullish demand as traders wait nervously for one thing: The “Wicked: For Good” movie release. Just kidding. I’m talking about Chancellor Rachel Reeves’s Autumn Budget on November 26! This isn’t just another routine fiscal announcement. With the UK economy barely growing, inflation stuck at 3.8% (almost double the Bank of England‘s target), and a £20-30 billion hole in the public finances, Reeves faces an economic tightrope act. Whatever she announces could shape interest rate expectations, influence BOE policy, and…

I3 Verticals outlines 8–10% recurring revenue growth for 2026 while advancing SaaS expansion Source link

Fundamental OverviewThe USD performance has been mixed in the past days but still on net negative despite the decreasing December rate cut odds. It looks like the stock market is what has been driving all other markets.In fact, when the stock market had positive days, we’ve seen Treasury yields and the US dollar rising, but when stocks performed poorly, Treasury yields and the greenback gave back the gains. The market might be thinking that a selloff in the stock market is going to weigh significantly on the economy, eventually requiring the Fed to cut more or more aggressively. The focus…

ams-OSRAM AG reports Q3 results Source link

The Pivot Multi Time MT4 Indicator is a technical tool that calculates pivot points from different timeframes, daily, weekly, and monthly, and displays them all on one chart. Pivot points are widely used in trading to determine potential support and resistance levels where the price may reverse or break out. By having multiple timeframes on a single chart, traders no longer need to switch between different charts or guess which levels are more significant. This makes trading simpler, faster, and more reliable. How It Works This indicator works by analyzing price data from various timeframes and plotting overlapping pivot levels…

Changelly is bringing Black Friday to the crypto market with its 2025 campaign, offering users record-low crypto purchase fees and exclusive rewards. The campaign is powered by Topper by Uphold, featuring the guaranteed lowest fees of 2025. Until November 30, users can buy crypto with up to 75% lower fees and enter a giveaway to win one of ten iPhone 17 Pro devices—all via the smart fiat on-ramp aggregator on Changelly’s website or in its mobile app.Black Friday Meets Crypto: Up to 75% Off Purchase FeesRunning through November 30 (11:59 PM UTCGMT+0), the campaign brings the Black Friday experience to…

GBP/USD remains subdued for the third successive session, trading around 1.3150 during the Asian hours on Tuesday. The pair struggles as the Pound Sterling (GBP) comes under strain after the United Kingdom (UK) Chancellor of the Exchequer Rachel Reeves abandoned planned income-tax rises. The decision has raised questions about the UK’s fiscal outlook, despite the Office for Budget Responsibility lowering its budget deficit forecast to £20 billion from £35 billion. Reeves is still anticipated to pursue revenue through threshold changes and salary-sacrifice reforms, favoring a smaller-scale budget over significant tax increases.Additionally, the British Pound continues to face downside pressure after…