Author: FX
Fiserv stock sinks as much as 21% on Wednesday.Organic sales miss consensus, and management lowers 2025 outlook.CEO continues to expect double-digit adjusted EPS gains.Trump inks deal with Japan for 15% tariff.Fiserv (FI) stock sold off 21% on Wednesday after the payments company reported a decent second quarter that didn’t live up to expectations. The company missed Wall Street’s organic sales growth in Q2 and also lowered guidance for organic sales for the full year.Fiserve stock traded down from a prior close near $166 to as low as $128 in Wednesday’s morning session. The pessimistic turnaround comes even as markets advance…
The Euro weakens against the Pound as focus shifts to Thursday’s ECB policy decision.The ECB is expected to keep rates unchanged at 2.00%.Eurozone Consumer Confidence improves to -14.7 in July.The Euro (EUR) weakens against the British Pound (GBP) on Wednesday as investors turn their focus to the European Central Bank (ECB) policy decision due Thursday. The EUR/GBP cross is under pressure, trading around 0.8655 during the American trading hours, down nearly 0.43% on the day.Wednesday’s pullback in the pair follows a short-lived rally earlier this week, as investors reassess Eurozone monetary policy prospects amid fading rate cut expectations. The central…
The GBPUSD is pushing to a new intraday high and is now extending away from the 38.2% retracement of the July trading range, located at 1.35263. Late yesterday, the price oscillated around that level into the U.S. close, showing indecision. During the Asian session, a corrective dip held support near the high of a key swing area between 1.3505 and 1.3514. That successful hold gave buyers the green light to push higher.In early North American trading, the price briefly dipped below the 38.2% retracement—down to 1.3523—but quickly snapped back, reaffirming bullish control. Since then, GBPUSD has climbed to a new…
Gold pulls back from recent highs as US-Japan trade deal boosts sentiment.US Dollar strength and rising yields limit gains for bullion but Fed policy uncertainty and trade tensions limit losses. XAU/USD hovers above $3,400 while the precious metal remains vulnerable to shifts in risk sentiment and the broader outlook for the US Dollar.Gold is undergoing a modest pullback on Wednesday, as markets assess the implications of a United States (US)–Japan trade agreement and remain cautious ahead of further developments in the European Union (EU)–US negotiations.Despite the correction, XAU/USD is holding above the $3,400 mark, supported by lingering tariff risks and…
As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in NVIDIA. The stock has gained more than 60% since we bought it in April. NVDA has completed its correction exactly at the Equal Legs zone, also known as the Blue Box Area. In this article, we’ll break down the Elliott Wave Forecast. NVDA Elliott Wave daily chart 04.27.2025 The stock has given us a pullback against the 39.22 low. The pullback shows a clear 7-swing pattern, with the Blue Box (buyers’ zone)…
Thermo Fisher Scientific (NYSE:TMO) (NEOE:TMO:CA) announced on Wednesday the retirement of senior vice president and CFO, Stephen Williamson, effective March 31, 2026.Jim Meyer, vice president of financial operations, is set to succeed Williamson as CFO. More on Thermo Fisher Scientific Source link
Though losing trades is a normal part of the trading process, it is something that many traders –both newbies and pros– have difficulties with. I believe that the main reason behind the difficulty in coping with losses lies with the lack of understanding of its nature and its impact on trading psychology rather than actual psychological problems. Today, I’d like to talk about the 4 stages of loss in trading, namely, denial, rationalizing, depression, and acceptance. Do the terms sound familiar? They should because they’re similar to the 4 stages of grief! Do note, however, that they are applied differently…
It was just a brief dip below the 1.16 mark last week. Early this morning, EUR-USD is trading almost 2 cents higher around 1.1740. As our currency indices indicate (which measure the performance of currencies against the G10 average), the downward movement and now the upward movement can primarily be attributed to the USD side. In contrast, the euro has been trading more or less sideways the entire month, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. Recent rise in EUR/USD risk reversals seems justified”The US Dollar recovery in the first half of July was likely driven…
Equities are continuing to stay upbeat in European morning trade, with S&P 500 futures seen up 0.4% currently. Meanwhile, European stocks are also surging today in erasing the weekly losses from the past two days. The DAX is up 1.1% while the CAC 40 is up 1.6% on the day. This comes after the US and Japan has struck a trade deal, though what may become of it depends on Japan prime minister Ishiba’s fate.As for broader market sentiment, a lot will come down to what will follow from big tech earnings after the close today. Alphabet/Google and Tesla are…
Old National signals cautious 2025 loan growth outlook while capital and Bremer partnership drive flexibility Source link