DXY Index: Chart shows the US Dollar Index crash is not over yet
The US Dollar Index (DXY) bounced back and retested the crucial resistance level at $100 after a series of economic data and hopes of a trade deal between the United…
Economy
1086 posts
Meta, Microsoft Q1 results drive US stocks higher: Nasdaq surges 2%, S&P up 1%
US stocks advanced at open on Thursday following strong earnings from major technology firms, which helped ease concerns that economic headwinds could derail momentum.The S&P 500 rose nearly 1%, the…
US construction spending slips in March, manufacturing slump deepens in April amid tariff headwinds
US construction spending unexpectedly declined in March, and the country’s manufacturing sector continued its downward slide in April, as rising tariffs and high borrowing costs put pressure on builders and…
China signals openness to US trade talks as Hang Seng rises, but deal remains uncertain
China said on Friday that it is assessing recent overtures from the United States to initiate trade negotiations, raising hopes of a potential thaw in the ongoing trade war between…
De minimis gone: how a little rule change is likely to upend US-China e-commerce flows
The Trump administration on Friday formally closed a trade loophole that had allowed a flood of inexpensive goods from China to enter the United States without tariffs, a move that…
GBP/USD forecast: forms a giant cup and handle pattern
The GBP/USD exchange rate has formed a giant cup-and-handle pattern that could trigger more gains ahead of the upcoming Bank of England (BoE) and US nonfarm payrolls (NFP) data. It…
Coca-Cola (KO) stock to stay fizzy despite economic uncertainty as analysts raise price targets
Coca-Cola’s better-than-expected first-quarter earnings on Tuesday have reinforced investor confidence in its global, diversified strategy amid market volatility and trade concerns. In a subdued earnings season, revenue reached $11.22 billion,…
Mexico’s economy beats Q1 expectations, but outlook remains clouded amid trade tensions
Mexico’s economy grew more than expected in the first quarter of 2025, preliminary data from the national statistics agency INEGI showed on Wednesday. GDP grew by 0.2%, against a flat growth forecast…
USD/JPY forecast: inverse cup and handle points to a yen surge
The USD/JPY exchange rate rose for the third straight day after the latest Bank of Japan (BoJ) interest rate decision. It jumped to an intraday high of 143.67, up from…
Why oil prices may face an uphill battle despite market support
Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy. “Crude just can’t get an upside…