AUD/USD witnesses a modest pullback from the vicinity of a two-month high set on Thursday. The USD short-covering move is seen as a key factor exerting downward pressure on the …
AUD/USD eases from two-month peak on modest USD strength, downside seems cushioned Read More
UOB Group’s Senior Economist Alvin Liew comments on the revised Q2 GDP figures in Singapore. Key Takeaways “Singapore’s final 2Q 2022 GDP was revised lower sequentially to a contraction of …
Singapore: Revised Q2 GDP contracted 0.2% – UOB Read More
Scaling into losing positions helps traders “average down” their buying price before the asset eventually goes their trades’ way. But scaling is not for everyone. After all, you’ll never be …
Should You Add to Your Losing Positions? Read More
CSSE stock tanked 10.4% in Friday’s premarket. Chicken Soup for the Soul reported a wide GAAP loss of $-1.39 in Q2. CSSE just concluded its acquisition of Redbox on Thursday. …
Chicken Soup for the Soul (CSSE) stock down 10% after earnings Read More
Senior Economist at UOB Group Alvin Liew reviews the latest US inflation figures and the impact on the Fed’s rate path in the near term. Key Takeaways “Both key measures …
US: July inflation prompts the Fed to re-think a 75 bps rate hike – UOB Read More
NYSE:GME fell by 2.66% during Thursday’s trading session. GameStop’s NFT Marketplace is getting some high-end collections added. Coinbase stock drops as it is once again under investigation by the SEC. …
GME Stock Forecast: GameStop dips and is once again outperformed by AMC and BBBY Read More
NYSE:HKD fell by 1.65% during Thursday’s trading session. TOP Financial Group rises 52% while MEGL stock slumps lower. Treasure Global stock IPOs on the NASDAQ and gains 345%. NYSE:HKD has …
HKD Stock Forecast: AMTD Digital trades flat while rival TOP Financial Group soars higher Read More
NYSE: AMC gained 7.56% during Thursday’s trading session. AMC is using the APE preferred shares to disguise another capital raise. The SEC is looking into Melvin Capital for allegations of …
AMC Stock News: AMC Entertainment jumps higher again as trading volume surges Read More
USD/CAD attracts some dip-buying on Friday amid a modest pickup in the USD demand. The prospects for additional Fed rate hikes, elevated US bond yields benefit the greenback. The recent …
USD/CAD steadily climbs to daily high, up a little around 1.2775 amid modest USD strength Read More
Gold edges down for the third straight day amid a modest pickup in the USD demand. The risk-on impulse further exerts some downward pressure on the safe-haven metal. The uncertainty …
Gold Price Forecast: XAU/USD remains on the defensive amid modest USD strength, risk-on Read More