In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle maker Lucid Group on Tuesday reported that it lost $530 million in the third quarter but
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The Euro finds sellers at 0.8775 and remains moving sideways. UK economy contracts less than expected in Q3. EURGBP: Still keeping the three-month forecast at 0.89 – Rabobank. The Euro recovery attempt from Thursday’s lows at 0.8695 has been capped at 0.8775 in Friday’s early US session before retreating to 0.8740. From a wider perspective, the
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TTC Forex University – https://www.ttcforexuniversity.com/pre-launch-sale In this video, I will be breaking down exactly why I decided to quit Forex trading. What I did while I stopped and how it helped me to transform my trading and become a professional trader. I hope that sharing this information can help you to transform your trading as
A cryptocurrency’s maximum supply is the total number of tokens that will ever be mined, and it is usually defined when the genesis block is created. Bitcoin’s maximum supply is capped at 21 million, and although anything is possible, its strict protocol and code are built so that no more BTC can ever be mined.
The AUDUSD is trading to a new high for the day and in the process is ticking closer to the falling 100 day MA at 0.67025. The last time the AUDUSD traded above its 100 day MA was back on August 15 in the midst of the summer stock rally that saw the S&P index
The early communiqué from the G20 leaders meeting next week: Russia’s war in Ukraine has adversely impacted the global economy Many G 20 members have called on Russia to immediately end the war in Ukraine Many members strongly condemned Russia’s illegal, unjustifiable, and unprovoked war on of aggression against Ukraine The use or threat of
Spot gold prices in the international market have found support near $1600 an ounce and showing signs of reversal. The US midterm election, mixed US economic releases, and hints of a possible end of Russia-Ukraine war influenced the precious yellow metal. Negative investor sentiment due to a rapid rise in global interest rates, a strong
The set of lower than expected consumer inflation data from the US was music of joy for investors. Stocks surged while treasury yield tumbled, on expectation that Fed is ready to start slowing down tightening pace in December. Risk-on sentiment was broad-based with NASDAQ starting to realign with DOW, despite crypto rout. Dollar suffered steep,
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its third quarter as demand for its
EURUSD finished up in the week close to 4%, spurred by a weak US Dollar. Softer-than-expected US CPI report and consumer inflation expectations rising tumbled the US Dollar. The double-digit inflation level in Germany underpinned the Euro. EURUSD Price Analysis: Upward biased, might test the 200-DMA in the short term. The Euro (EUR) finished the
The dollar index (DXY) is trading to a new low for the week at 106.369. The index is currently down -440 pips this week and is down -3.97%. That is the largest decline since March 2009 when the index fell around 4.10% on the week. The weekly chart below shows the pip change in the
The USD moved lower for the 2nd consecutive day and the 5th day in the last 6 trading days. The dollar index (DXY) is down nearly 4% this week with all the major currencies gaining vs the greenback. The decline is the largest % fall since March 2009. The better-than-expected CPI on Thursday was a
Gold prices were trading flat on Friday, but were set for their biggest weekly gain in more than eight months, as positive US data boosted hopes against the Fed’s aggressive rate hikes. US consumer prices rose less than expected in October, indicating that inflation was slowing, which raised hopes that the Fed will begin scaling
The Bank of England has warned that the U.K. is facing its longest recession since records began a century ago. Huw Fairclough | Getty Images News | Getty Images LONDON — The U.K. economy contracted by 0.2% in the third quarter of 2022, signaling what could be the start of a long recession. The preliminary
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it
The GBP extended its gains towards 1.1790s after a soft US inflation report. The US Dollar plunges sharply, as shown by the US Dollar Index, down 1.20%, below the 107.000 mark. Consumer sentiment in the United States worsened as inflation expectations rose. The Pound Sterling rises in the North American session, following a softer inflation