Gold got immediately congested within the $1,837 – $1,855 region following last week’s bounce off the $1,805 low. The 20- and 200-day simple moving averages (SMAs) at $1,841 and $1,818 respectively, have limited the yellow metal’s near-term advances coupled with the 23.6% Fibonacci retracement level at $1,837. The immediate focus for the commodity in the…
Technical Analysis In Forex Trading Introduction Many people mistakenly believe that trading forex is akin to gambling, but in reality, it is far from it. With the plethora of tools available in every broker platform for analyzing the markets and studying potential market directions, trading forex is a strategic and data-driven endeavor. Understanding Technical Analysis…
Important Deadline Approaching: Protect Your Investment in Spero Therapeutics Inc. Insights from Top Global Investor Counsel, Rosen. NEW YORK, June 18, 2022 (GLOBE NEWSWIRE) — As an investor, it is crucial to stay informed about important deadlines that could impact your investments. One such deadline is quickly approaching for shareholders of Spero Therapeutics Inc. With…
He did it. The madman actually did it. This week, the unpredictable actions of the Federal Reserve have left many scratching their heads and wondering what the future holds. What exactly is going on, and how could it impact the economy moving forward? As we all know, the Federal Reserve plays a crucial role in…
The Tale of USDCAD: A Closer Look at the Currency Pair Introduction As we delve into the world of Forex trading, one of the most intriguing currency pairs to watch is the US Dollar versus the Canadian Dollar, also known as USDCAD. In recent market movements, USDCAD formed a Hammer at the support level on…
Daily Pivots Analysis EUR/CHF’s Steep Decline EUR/CHF experienced a steep decline recently, with a strong break of the 1.0216 support level. This suggests that the currency pair may be undergoing a corrective rebound, signaling potential shifts in the market trend. Impact on Individuals For individual traders and investors, the steep decline in EUR/CHF could present…
Fed Funds Futures and the Impact on Markets What to Expect from Today’s FOMC Meeting Fed Funds futures have fully priced in a 75-basis point hike for today’s FOMC meeting, with policymakers expected to frontload more of its intended rate hikes for the year. This decision comes in response to rising inflationary pressures and the…
Welcome to the Witty World of Finance ARCHBOLD, Ohio, June 14, 2022 (GLOBE NEWSWIRE) – Breaking News: Farmers & Merchants Bancorp, Inc. (“F&M”, “FMAO”, or the “Company”) (Nasdaq: FMAO) Hey there, savvy readers! Today we’re diving into the latest buzz in the world of finance. Hold onto your hats because we’ve got some juicy news…
