By ForexTime NAS100 bulls pocket 4000 points! FXTM’s Robusta Coffee hits record high USDCHF secures all bearish targets It has been an eventful week thanks to corporate earnings from the largest companies in the world. And things could liven up further due to more earnings releases and high impact economic reports. Here are how these discussed instruments performed this week:       1) NAS100 bounces from 17,000 level Where and when was Target Price (TP) published? In our week ahead article published on Friday, 19th April: We cautioned that more volatility could be on ..read more

By JustMarkets At Wednesday’s close, the Dow Jones Industrial Average (US30) was down 0.11%, while the S&P 500 Index (US500) was up 0.02%. The NASDAQ Technology Index (US100) closed positive 0.10%. The US stock indices traded mixed, with the S&P 500 (US500) and NASDAQ (US100) hitting weekly highs. Strengthening technology stocks provided support for the overall market. However, the broader market’s gains were limited as rising bond yields pressured equities. On the positive side, shares of Tesla (TSLA) rose more than 12% despi ..read more

By RoboForex Analytical Department The USD/JPY pair reached an all-time high on Thursday, touching the 155.50 level. This development comes as the Bank of Japan (BoJ) starts its two-day monetary policy meeting with widespread expectations that the interest rate will remain unchanged at zero. Investors are keenly watching for any aggressive signals from the BoJ, as further declines in the yen could prompt Tokyo to intervene in the currency market. However, any such intervention is expected to provide only a short-term respite for the yen. The primary driver behind the yen’s weakness remain ..read more

By JustMarkets At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.69%, while the S&P 500 Index (US500) added 1.20%. The NASDAQ Technology Index (US100) closed positive 1.59% on Tuesday. The US stock indices closed moderately higher, with the Dow Jones Industrials Index rising to a one-week high. Better-than-expected first-quarter earnings results supported stocks. Stock indices continued to rise after a weaker-than-expected report on the S&P US manufacturing PMI for April, which led to lower bond yields. Tesla’s (TSLA) first-quar ..read more

By ForexTime  Yen weakens to multi-year lows Markets on intervention watch BoJ decision & US data in focus Major resistance at 161.8 golden Fib levels Key levels of interest at 155.00, 154.20 & 21 day SMA The Yen’s weakness to multi-year lows has left investors on high alert for possible currency intervention. On Wednesday morning, USDJPY was a whisker away from the psychological 155 level as the dollar gained across the board. It’s worth noting that back in March, there was much discussion around Japanese authorities potentially intervening when the ..read more

By Elana Goldenkoff, University of Michigan and Erin A. Cech, University of Michigan  A chatbot turns hostile. A test version of a Roomba vacuum collects images of users in private situations. A Black woman is falsely identified as a suspect on the basis of facial recognition software, which tends to be less accurate at identifying women and people of color. These incidents are not just glitches, but examples of more fundamental problems. As artificial intelligence and machine learning tools become more integrated into daily life, ethical considerations are growing, from privacy issues a ..read more

By ForexTime  FXTM launches 10 new commodities Robusta Coffee near all-time high 2nd biggest gainer YTD in FXTM’s commodity universe Prices ↑ over 35% since start of 2024 Key levels of interest at $4040, $4130 and $4280 FXTM’s new Robusta Coffee commodity is flirting near all-time highs! Prices rallied to fresh records last week as fundamentals fuelled concerns over tight global supplies. Note: Prices are trading roughly 4% away from all-time highs. Before we take a deep dive into the world of Robusta coffee, here are the basics: What is Robusta Coffee? Robusta coffee bean is ..read more

By JustMarkets At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.67%, while the S&P 500 Index (US500) added 0.87%. The NASDAQ Technology Index (US100) closed positive 1.11%. The US stock indices rose moderately, with the Dow Jones Industrials Index hitting a 1-week high. Yesterday, reduced geopolitical tensions helped stocks rise, as the exchange of strikes between Iran and Israel may be temporarily halted. Additionally, Nvidia’s (NVDA) 4% gain on Monday helped tech stocks as Nvidia recovered some of the 10% drop from last ..read more

By RoboForex Analytical Department The AUD/USD pair is experiencing upward momentum for the second consecutive day, reaching a one-week high near 0.6453 on Tuesday. This positive movement comes after a period of rapid decline and is supported by encouraging economic data from Australia. The latest manufacturing PMI report for April significantly contributed to the Australian dollar’s appreciation. It showed an increase to 49.9 points, up from 47.3 the previous month. This improvement brings the manufacturing sector close to the critical 50.0 threshold, distinguishing between the industry ..read more

By JustMarkets On Friday, the Dow Jones (US30) Index gained 0.56% (for the week -0.23%), while the S&P 500 (US500) Index fell by 0.88% (for the week -3.54%). The NASDAQ Technology Index (US100) closed negative 2.05% (for the week -6.11%). The S&P 500 (US500) fell to a one-month low, and the NASDAQ (US100) fell to a 2-month low. Weak corporate news and rising geopolitical risks weighed on stocks. The latest escalation in the Israeli-Iranian conflict (an Israeli drone attack on Isfahan in Iran) caused risk assets ..read more