Author: FX

Goldman Sachs Asset Management expects the Federal Reserve to remain on pause for the time being, citing recent labour market strength that has helped justify the central bank’s cautious stance.“The Fed remains in a holding pattern as it waits for uncertainty to clear,” the firm said in a note. While job data has come in better than feared, Goldman believes a sustained easing cycle hinges on clear signs of labour market softening — a trend that may take months to materialise.“With the labour market yet to show meaningful deterioration, we see the odds skewed toward another ‘hold’ at next month’s…

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GBP/JPY trades near the 191.00 zone after steady gains in Wednesday’s session.Overall bias remains bullish, supported by short-term moving averages despite mixed momentum.Key support levels hold just below, while longer-term resistance remains a barrier overhead.The GBP/JPY pair edged higher on Wednesday, trading around the 191.00 zone as buyers maintained control. The pair remains supported by a series of rising short-term moving averages, reinforcing the broader bullish structure despite some mixed momentum signals that may limit immediate upside potential.Technically, the pair maintains a bullish outlook. The Relative Strength Index remains neutral near 52, indicating balanced momentum without clear directional conviction. The…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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GBP/USD pauses rally as traders eye Fed, BoE’s decisions The Pound Sterling (GBP) retreated after posting back-to-back days of gains versus the US Dollar (USD). Still, positive news related to a possible de-escalation of the China-US tensions lent a lifeline to the Greenback, which remains firm in early trading. At the time of writing, GBP/USD trades at 1.3360, virtually unchanged.Read More… Pound Sterling trades cautiously against USD, Fed-BoE policy decision looms large The Pound Sterling (GBP) trades cautiously to near 1.3370 against the US Dollar (USD) during North American trading hours on Wednesday. The GBP/USD pair faces slight pressure, while…

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The USD is higher vs the 3 major currency pairs to start the US session (by differing amounts of course). Overnight, it was announced that the US and China would meet in Switzerland to break the ice on trade. It is a step in the right direction but as many have stressed, the negotiations with China will be drawn out. The US Federal Reserve will meet today and announce no change in rates. The focus will be on what Fed Chair Powell says and the FOMC statement. There will be no central tendencies or dot plots. For the June meeting,…

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What do Michael Jordan, Martha Stewart, and Taylor Swift have in common? If you answered “They all have Netflix documentaries,” then you’re right. You also probably have too much time on your hands. Another thing they have in common is that they excel in their respective fields and look for ways to improve their craft. They expose themselves to different environments to try out different things to see what works best for them. In other words, they approach change positively. Michael Jordan changed his game from relying on pure, explosive athleticism to having a sweet, fade-away jump shot to score points.…

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Trust Amplify Junior Silver Miners ETF – SILJ (one-day) Elliott Wave technical analysis Daily chart Function: Major Trend. Mode: Motive. Structure: Impulse. Position: Wave [iii] Navy. Direction: Rally. Details: Wave 3 is close to entering the most powerful part of the impulse: the third of a third of a third wave. This move will follow after the completion of the current wave (ii) retracement. A final three-wave correction to the downside is expected to finish wave (ii). Once wave (ii) ends, a strong rally surpassing the $15.17 high should begin.Invalidation Level: $11.57 Trust Amplify Junior Silver Miners ETF – SILJ (four-hour) Elliott Wave technical analysis Hourly…

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Taboola.com press release (NASDAQ:TBLA): Q1 GAAP EPS of -$0.03 beats by $0.01. Revenue of $427M (+3.1% Y/Y) beats by $281M.   Q2 2025Guidance ​ FY 2025Guidance   Unaudited Revenues $438 – $458   $1,838 – $1,888 Gross profit $124 – $134   $536 – $552 ex-TAC Gross Profit* $156 – $166   $674 – $690 Adjusted EBITDA* $38 – $44   $201 – $209 Non-GAAP Net Income (Loss)* $26 – $32   $122 – $128          Source link

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