Welcome to the World of Home BancShares, Inc. The Second Quarter of 2022: A Closer Look In an exciting turn of events, Home BancShares, Inc. (NYSE: HOMB) has just released its quarterly earnings report. The parent company of Centennial Bank, Home BancShares has definitely made its mark on the financial scene. Let’s take a closer…
Hey there, fellow readers! So, the other day I stumbled upon some news that really caught my attention. Apparently, the New Zealand Financial Markets Authority (FMA) has taken some serious actions against Western Union for breaching their license. Now, you may be wondering what exactly that means and how it could affect you. Let’s break…
USDCNH Minor Wave Y To Complete Intermediate Correction (4) The internal structure of the USDCNH pair hints at the primary zigzag pattern Ⓐ-Ⓑ-Ⓒ. This in the long term forms a cycle correction IV. The final primary wave Ⓒ takes the form of an intermediate 5-wave impulse (1)-(2)-(3)-(4)-(5). The current structure could indicate that bullish intermediate…
ANZ Predicts RBNZ Cash Rate to Reach 4.0% (Previously 3.5%) – A Heartfelt Look at New Zealand’s Central Bank Forecast ANZ’s reasoning for projecting a higher end point for RBNZ rate hikes. To come in November. Recently, ANZ made headlines with their bold prediction that the Reserve Bank of New Zealand’s cash rate would reach…
Welcome to the Daily Pivots Blog! Understanding USD/CAD Intraday Bias So you’ve come across those mysterious numbers like S1, P, and R1 in the world of Forex trading, specifically when it comes to the USD/CAD pair. Don’t worry, you’re not alone! These are actually daily pivot points that traders use to determine potential support and…
ETHUSD: Ascending Triangle Pattern Above $1006 Ethereum Struggles to Maintain Bullish Momentum Ethereum was unable to sustain its bullish momentum, and after touching a high of 1251 on 9th July started to decline against the US dollar touching a low of 1006 on 13th July. After this steep decline, we can see that the prices…
Commenting on yesterday’s US CPI report, which showed headline inflation surged to 9.1%, Atlanta Fed President Raphael Bostic said the “numbers sugges… The Impact of Surging Inflation Rates Yesterday’s US CPI report revealed a staggering surge in headline inflation, with rates reaching a record high of 9.1%. This significant increase has sparked concerns among economists,…
European Stocks Opened Around Parity After a Mixed Asian Session; Investors’ Eyes on US CPI Data European Market Update European shares opened around parity this morning after a mixed Asian session. Investors are keeping a close watch on the upcoming US Consumer Price Index (CPI) data, which is expected to provide further insights into inflation…
