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Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed

Gold Price Outlook: XAU/USD approaches 50-day EMA support, attention turns to the Fed

Gold Stabilizes After Four-Day Slide Gold (XAU/USD) has stabilized around $3,321 on Tuesday, after reaching a nearly three-week low of about $3,300, effectively stopping a four-day losing streak. Risk-on sentiments and easing geopolitical tensions are contributing to a reduction in demand for safe havens as the August 1 deadline approaches. The market remains cautious ahead […]

USD/JPY Price Outlook: Increasing 20-day EMA indicates a significant upward trend

USD/JPY Price Outlook: Increasing 20-day EMA indicates a significant upward trend

USD/JPY falls to about 148.35 after a three-day winning streak. US tariff agreements bolster the US dollar. Market participants are keenly awaiting monetary policy updates from the Fed and BOJ this week. The USD/JPY pair dipped to around 148.35 during the late Asian trading session on Tuesday, having difficulty maintaining its three-day run of gains. […]

Mark Halperin Shares Somber Outlook on Kamala Harris’ Political Future

Mark Halperin Shares Somber Outlook on Kamala Harris' Political Future

Kamala Harris’s Political Future Uncertain Political analyst Mark Halperin suggested that former Vice President Kamala Harris might withdraw from the political scene during a recent morning meeting. He noted that she is expected to make a decision about entering the California governor’s race by the end of summer. In March, he referenced two unnamed sources, […]

GBP/USD Price Outlook: Remains positive above 1.3550, staying above the 100-day EMA

GBP/USD Price Outlook: Remains positive above 1.3550, staying above the 100-day EMA

GBP/USD shows a slight gain of around 1.3440 in Monday’s Asian trading session. The pair maintains an optimistic tone above the 100-day EMA, though some consolidation might happen soon. Immediate resistance is identified at 1.3588, while initial support is at 1.3365. During Monday’s Asian hours, GBP/USD managed a modest profit, nearly reaching 1.3440. This comes […]

GBP/USD Weekly Outlook – 27/07: Indications of Enthusiasm (Chart)

GBP/USD Weekly Outlook - 27/07: Indications of Enthusiasm (Chart)

Last Thursday, the GBP/USD reached around 1.35900, but by the weekend, the pair had dipped to approximately 1.34365. The highs from last Thursday approached marks last seen on July 10, though they fell short of the July 1 high of 1.37850, which faced some contention. The decline in GBP/USD that began on Thursday was notably […]

Intel plans to cut thousands of jobs by the end of the year amid a dismal outlook.

Intel plans to cut thousands of jobs by the end of the year amid a dismal outlook.

Intel Announces Workforce Reductions and Revised Financial Outlook On Thursday, Intel disclosed plans to reduce its workforce to 75,000 by year-end, a significant drop from 99,500 at the close of 2024. The Santa Clara, California-based semiconductor giant shared these layoff projections while anticipating a more pronounced third-quarter loss than what analysts had projected, despite some […]