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Recent US economic data, particularly in the manufacturing and services sectors, have strengthened the US dollar. This has created a bearish scenario for GBP/USD, with a key support zone at 1.2530 and...
The US stock market is off to a bullish start in 2024, with the key indexes posting decent returns so far and looking poised for more gains. In this high-performing market, three high-growth stocks...
The US dollar surged to an 8-week high last week, fueled by robust economic data and a hawkish stance from the Fed. After strong data, the Fed might reconsider the three-rate cut plan for 2024,...
Gold faces the risk of retracing recent gains after closing lower on Friday, reacting to a robust US jobs report and a strengthening dollar. The light economic calendar for the week suggests a...
Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Block, Plug Power, Cigna; downgrades for Bloom Energy and Tractor Supply.InvestingPro subscribers...
ISM Services PMI, Fed Speakers, and more earnings will be in focus this week. McDonald’s (NYSE:MCD) is a buy with strong earnings due on Monday morning. PayPal (NASDAQ:PYPL) is a sell amid weak...
Meta exceeded analyst expectations in Q4 earnings, reporting revenues of $40.1 billion, a 2.4% beat, and announcing a net profit of $14 billion. The social media giant revealed its first-ever dividend...
As we step into February, a traditionally challenging period for stocks, it's prudent to explore key ratios that could hint at changes in market sentiment. The strengthening US dollar, surpassing the...