Author: FX
WASHINGTON (Reuters) – The U.S. Federal Trade Commission and the State of Colorado have filed a complaint against Greystar, a multi-family rental property manager, alleging that it deceived consumers about rental costs with hidden fees, the FTC said on Thursday.”The FTC is suing Greystar for deceptively advertising low monthly rents only to later saddle tenants with hundreds of dollars of hidden junk fees,” FTC Chair Lina M. Khan said in the statement. Source link
The AUDUSD started the day today testing the high from yesterday at 0.6257 and finding willing selllers. The double-top increases the levels importance today and going forward. If the buyers are to take more control, getting and staying above that level is required. Meanwhile, seller may continue to look to keep a lid on the pair (risk-defining level). The level is important for both buyers and sellers. The subsequent fall broke below the 200-hour MA at 0.62037, but stalled the fall not once – but twice – in a swing area between 061917 and 0.61999. Like the doublt top, that…
The Dow Jones is holding near key moving averages on Thursday. Markets were largely unimpressed with US Retail Sales figures. Investors continue to hinge their exposure on Fed rate cut expectations. The Dow Jones Industrial Average (DJIA) struck a middling tone on Thursday, churning around the 43,200 handle. Price action is hung up on the 50-day Exponential Moving Average (EMA), and investors await any sign of data that could signal a faster pace of rate cuts from the Federal Reserve (Fed). Retail Sales figures moderated in December, easing back to 0.4% MoM in the headline figure. Markets expected a tick…
metamorworks/iStock via Getty Images Quantum Computing (NASDAQ:QUBT) fell 10% amid a short report from Capybara Research. Capybara disclosed that it’s short shares of Quantum Computing (NASDAQ:QUBT). Quantum Computing (NASDAQ:QUBT) didn’t immediately respond to Seeking Alpha’s email request for comment. Quantum (QUBT) has short interest Source link
TradeCompass for Ethereum Futures Analysis (January 2025 Contract) – January 16, 2025Current Context:Current Price: $3,376.5Bullish Threshold: $3,395Aligned with today’s developing VWAP; price above this level signals bullish momentum.Bearish Threshold: $3,363.5Aligned with yesterday’s VWAP; price below this level indicates bearish sentiment.Trade Scenarios for Ethereum Futures:Bearish Setup:Stop-Loss: Place stops above $3,395 to limit risk.Profit Targets for Shorts:$3,350.2 – Close to today’s value area low for quick risk mitigation.$3,323 – Just above the value area low from January 15th.$3,283 – A deeper bearish target for continued price weakness.$3,250 – A significant level for extended bearish moves.Bullish Setup:If the price rises above $3,395, consider…
Gold price extends recovery and rises above $2,700, looking for more upside. The mixed US CPI release on Wednesday fueled hopes for a Fed rate cut before the summer. Gold sprints higher and sets sail for the first important pivotal level at $2,708. Gold’s price (XAU/USD) edges higher for the third day in a row and recovers initial weekly losses, rising above the $2,700 level at the time of writing on Thursday. The recovery comes in the run-up and release of the December US Consumer Price Index (CPI) data on Wednesday. While headline CPI accelerated compared to the previous month,…
UnitedHealth Non-GAAP EPS of $6.81 beats by $0.07, revenue of $100.8B misses by $930M Source link
By William Schomberg, Suban Abdulla LONDON (Reuters) -Britain’s economic output returned to growth in November, the first month after finance minister Rachel Reeves announced big tax increases for businesses, but the expansion was smaller than expected. Gross domestic product rose by 0.1% from October, according to official data, after falls in September and October. However, economists polled by Reuters had mostly forecast a 0.2% rise. Reeves, whose Oct. 30 budget included big increases in social security contributions paid by employers, said she was “determined to go further and faster to kick-start economic growth.” She will meet regulators on Thursday to…
Prior +2.2%HICP +2.8% vs +2.8% y/y prelimPrior +2.4% This article was written by Justin Low at www.forexlive.com. Source link
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COLES GROUP LIMITED. – COL. We see ASX:COL as possibly moving higher in the (5)-orange wave. And this deeper analysis will provide key Key Point levels to help readers identify important turning points, such as when this uptrend will expire. COL (one-day chart) Elliott Wave technical analysis Function: Major trend (Minor degree, grey). Mode: Motive. Structure: Impulse. Position: Wave (5)-orange. Details: Wave (4)-orange may have ended at the low of 17.29 and wave (5)-orange is starting to move higher, specifically it is probably an Extension, and it is subdividing into wave 1,2-grey,…