US Job Openings missed estimates while Consumer Confidence declined. After US data, the Fed rate hike expectations lowered. Germany’s economic data, alongside the US ADP report,...
Business
AUD/USD approaches the 20-day SMA as the USD tumbles
AUD/USD rose to a 5-day high towards 0.6465 and threatened the 20-day SMA of 0.6475. Markets are now pricing in rate cuts by the Fed in...
Nio Stock Earnings: NIO slides on poor Q2 results but then finds floor
Nio loses 8.1% at Tuesday open. Q2 results showed revenue dropping 15% YoY. Q2 adjusted EPADS missed estimated by $0.04. Vehicle margin improved from Q1 but was...
USD/CHF loses the 20-day SMA after weak labour market figures from the US
USD/CHF declined for a third consecutive day to 0.87800, below the 20-day SMA of 0.8800. US JOLTs from July came in lower than expected, which fueled a...