Tag: stalls

GBP/USD Rally Stalls as Kwarteng Resigns and PM U-Turns

GBP Key Points:Kwasi Kwarteng Resigns, Jeremy Hunt Named New Chancellor of the Exchequer.Prime Minister Truss Confirmed the Corporate Tax Rate Will Increase to 25%.Political Implications and the Way Forward. Recommended by ...

US Dollar Stalls Ahead of CPI as Markets Brace for US Inflation Data

US Dollar, DXY, Market Sentiment, USD/JPY, Technical Outlook– Talking PointsAsia-Pacific markets look ready for a mixed trading sessionUS Dollar strength moderated as traders prepare for US CPIDXY Index stalls as trendline resistance tempers...

S&P 500 Rally Stalls and Dollar Stems the Bleeding, Now for Fundamentals

S&P 500, Credit Suisse, Dollar, USDJPY, ISM and NFPs Talking Points:The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680Wednesday’s New York session opened to a hefty gap lower for the S&P...

AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns

Australian Dollar, AUD/USD, Earnings, Crude Oil, Technical Outlook - TALKING POINTSAsia-Pacific traders face a light economic calendar ahead of a busy week Crude oil prices rose as supply concerns outweigh economic growth woesAUD/USD...

Dow slips about 400 points as last week’s Wall Street rally stalls

U.S. stocks fell Tuesday, as momentum on Wall Street faded following the S&P 500's best week since 2020.The Dow Jones Industrial Average shed about 400 points, or 1.2%. The S&P 500 lost 1%....

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