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GBP/USD ends its decline as new weakness in the Dollar shifts market trends.

GBP/USD ends its decline as new weakness in the Dollar shifts market trends.

GBP/USD experienced significant volatility on Wednesday, breaking an eight-day losing streak. Political tension surrounding Trump, aimed at Powell, boosted the Greenback. US PPI inflation eased in June, reducing inflation concerns. On Wednesday, GBP/USD saw gains, ending its streak of losses as buyers stepped in to halt further declines. The Greenback faced pressure following President Trump’s […]

Tesla’s Sales Chief for North America Leaves Amid Ongoing Decline in EV Sales

Tesla's Sales Chief for North America Leaves Amid Ongoing Decline in EV Sales

Troy Jones Departs Tesla After 15 Years Troy Jones, who was Tesla’s vice president of sales, service, and delivery in North America, has left the company after a notable 15-year stint. This departure comes at a time when Tesla is grappling with significant challenges, including a downturn in sales. According to reports, Jones’s exit follows […]

Major US stocks decline, while Nvidia lifts Nasdaq to a new high.

Major US stocks decline, while Nvidia lifts Nasdaq to a new high.

US Stocks Decline Amid Inflation Concerns NEW YORK – Most US stocks saw a decline on Tuesday, impacting Wall Street’s expectations for lower interest rates. The S&P 500 dropped 0.4%, remaining close to its all-time high set last week, despite 90% of the stocks in the index falling. The Dow Jones industrial average experienced a […]

Biden aide Annie Tomasini is the third person to be subpoenaed regarding questions about the president’s mental decline.

Biden aide Annie Tomasini is the third person to be subpoenaed regarding questions about the president's mental decline.

House Republicans Call Former Aide for Testimony on Biden’s Mental Fitness WASHINGTON – On Tuesday, House Republicans summoned Joe Biden’s former chief of staff, Annie Tomasini, to address concerns surrounding the president’s cognitive decline. They also aimed to discuss the use of an autopen for signing executive orders and pardons. Tomasini, who started her career […]

Beware of getting stuck; Bitcoin price review shows a decline with $118.8K on the radar.

Beware of getting stuck; Bitcoin price review shows a decline with $118.8K on the radar.

Key Points Bitcoin Surf is actively managing liquidity in its order book, nearing a significant milestone around $120,000. Bid support indicates revenues might dip below $119,000 during the anticipated market retest. Some traders are cautioning others about possible “pump and dump” schemes that could ensnare less vigilant buyers at inflated prices. As the trading day […]

EUR/USD Price Outlook: Likely to Decline Below 20-Day EMA Due to US-EU Trade Issues

EUR/USD Price Outlook: Likely to Decline Below 20-Day EMA Due to US-EU Trade Issues

EUR/USD is being traded cautiously following a decision by the US President to apply a 30% tariff on imports from the EU. European Commission President Ursula von der Leyen has warned about potential retaliatory measures to safeguard the interests of the bloc. This week’s release of the June Consumer Price Index (CPI) data will be […]