Author: FX

Gold pauses after a record high of $3,578.50 as profit-taking and a steady US Dollar weigh on sentiment.Easing US Treasury yields and calmer global bond markets help limit downside, keeping safe-haven demand supported.The US PMI data were mixed, with the S&P Global Composite slipping to 54.6, while the ISM Services PMI improved to 52.0, supported by stronger new orders but weaker employment.Gold (XAU/USD) is taking a breather on Thursday after hitting a fresh record high of $3,578.50 on Wednesday, pausing a remarkable seven-day rally. At the time of writing, XAU/USD is trading around $3,548 during the American session, after slipping…

The US ISM Services PMI unexpectedly improved in August.The US Dollar clings to its daily gains on Thursday.Data from the Institute for Supply Management (ISM) showed the Services PMI rose to 52.0 in August, up from 50.1 in the previous month and exceeding analysts’ forecasts of 51.0. Meanwhile, the Prices Paid Index—which tracks inflation—eased to 69.2 from 69.9, the Employment Index ticked a tad higher to 46.5 from 46.4, and the New Orders Index went up to 56.0, from 50.3.The Greenback maintains its upbeat performance on Thursday, motivating the US Dollar Index (DXY) to keep its bid bias around the…

Duluth Holdings (DLTH) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.05 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +160.00%. A quarter ago, it was expected that this clothing and tools supplier would post a loss of $0.3 per share when it actually produced a loss of $0.32, delivering a surprise of -6.67%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Duluth…

EUR/USD slips as the US Dollar steadies on mixed US labor data and weak Eurozone Retail Sales.US private payrolls increased by 54K in August, below the 65K forecast and sharply lower than July’s revised 106K.Focus now on US services sector data, with S&P Global PMIs expected to hold steady at 55.4 and ISM Services PMI projected at 51.0.The Euro (EUR) is under pressure against the US Dollar (USD) on Thursday, with EUR/USD retracing part of Wednesday’s advance and trading near 1.1645 at the start of the American session. The mild pullback comes as the Greenback regained traction following a mixed…

Coca-Cola (KO) shows resilience in a shifting market. In Q2 2025, it posted 5% organic revenue growth and 58% EPS jump. Despite currency headwinds, KO improved operating margin to 34.1%, driven by pricing power, cost control, and strategic campaigns like “Share a Coke.”Although unit case volume dipped slightly due to weather and consumer pressure, Coca-Cola Zero Sugar and core brands gained momentum. Analysts remain optimistic, highlighting KO’s brand loyalty, strong dividend, and flexible pricing as key strengths in uncertain conditions.Looking ahead, Coca-Cola plans to launch a cane sugar-based product in the U.S. this fall. At the same time, it reevaluates…

Sberbank CEO Gref warns of Russian recession if rates not slashed Source link

Success in both football and trading isn’t about luck, it’s about preparation, strategy, and execution. Few clubs embody this mindset better than Liverpool FC, where every performance is the result of analysis, training, and discipline.That same mindset connects naturally to the world of trading, where careful preparation and a structured approach often make the difference between consistency and chaos. Interestingly, this connection is now stronger than ever as EC Markets, a global trading provider, is an official sponsor of Liverpool FC, bringing together two worlds that thrive on focus, planning, and performance.Just as footballers prepare for match day with detailed…

The Schaff Trend Signal EMA MT4 Indicator blends momentum and trend analysis into one. It uses the Schaff Trend Cycle, which measures market momentum, along with an EMA line that smooths price action. Together, they provide more reliable buy and sell signals. This dual approach helps reduce noise in the market, making it easier for traders to focus on meaningful price movements instead of false signals. Why Traders Like This Indicator Many traders find the Schaff Trend Signal EMA valuable because it works well in trending markets. It gives earlier signals compared to some traditional indicators, making it easier to…

Customers Bancorp (NYSE:CUBI) that operates through its wholly owned banking subsidiary, Customers Bank priced its previously announced underwritten public offering of ~2.19M shares of its voting common stock at $68.50 per share. The gross proceeds to the Company is Source link

CAD/JPY is back to a key resistance area after breaking below a long-term uptrend in August. Are we looking at a break-and-retest opportunity in the making? Here’s what we’re seeing on the daily time frame: CAD/JPY Daily Forex Chart by TradingView The Canadian dollar is struggling to hold steady as worries over U.S. tariffs and slowing global growth pressure “risk” currencies. On top of that, concerns about oversupply and weaker U.S. oil demand after the summer driving season are limiting the demand for the oil-related Loonie. At the same time, the Japanese yen continues to pick up demand whenever risk…