The EUR/USD may face challenges due to shifts in market estimates regarding monetary policy and interest rate outlooks. Currently, the U.S. dollar has gained ground as the likelihood of a rate cut by the hawkish Federal Reserve in November diminishes. Meanwhile, the European Central Bank is expected to intensify its monetary policy easing to boost […]
Demystifying the Nasdaq 100: Your Guide to Tech’s Leading Index
The Nasdaq 100 is a global benchmark and one of the most influential indices in the U.S. market. In this article, we will explain what it is, the companies that are part of it, how the selection process works, and much more. Several stock market indices are very popular among investors because they reflect the […]
Elon Musk’s Tesla Moves $760 Million in Bitcoin, Raising Fears of a Massive Liquidation
The cryptocurrency community is abuzz with rumors following Tesla’s transfer of a sizable portion of its Bitcoin (BTC) holdings. More than 11,500 BTC were transferred from wallets linked to the electric car giant to unknown addresses, raising concerns about a potential liquidation. However, despite these transactions, there are no clear indications that Tesla intends to […]
Today’s Stocks to Watch: ASML, Morgan Stanley, and Novocure
Key points: LVMH Faces Challenges in Global Markets LVMH (MC): LVMH, the owner of Louis Vuitton, reported disappointing results and stated it is facing challenges in most markets. Shares of the French company, along with other European luxury stocks, declined sharply. Morgan Stanley Beats Expectations with Earnings Morgan Stanley (MS): The bank reported quarterly results […]
U.S. Stock Markets Steady After Tech Sector Losses, Earnings in Focus
U.S. equity markets stabilized on Wednesday after losses in technology stocks, driven by weak results from leading chipmaker ASML (ASML), pulled Wall Street away from its all-time highs. Losses in the semiconductor sector hit Wall Street on Tuesday, with the NASDAQ Composite down nearly 1%, while both the S&P 500 and Dow Jones Industrial Average […]
Dollar Gains on Cut in Rate Expectations, Pound Falls on Inflation
The U.S. dollar rose on Wednesday, trading near two-month highs on expectations that the Federal Reserve will slightly cut interest rates this year, while the pound slipped after positive inflation data. Dollar Benefits from Expectations of a Rate Cut Recent data indicating a resilient economy, combined with slightly higher-than-expected inflation in September, has led market […]
Daily Technical Analysis EUR/USD: The Pair Extends Decline Ahead of ECB Rate Decision
The EUR/USD pair continued its bearish trend on Tuesday, dropping about one-fifth of a percent and sliding below the 200-day Exponential Moving Average (EMA). The price closed below the 1.0900 level for the first time since early August. The pair is now down nearly 3% from its late September highs, which were just above the […]
United Arab Emirates Approves First Dirham-Linked Stablecoin
AED Stablecoin Company announced that it has received the first approval from the UAE Central Bank to issue a dirham-backed stablecoin. The United Arab Emirates (UAE) will soon see its first regulated stablecoin. AED Stablecoin LLC has announced that it has received approval in principle from the UAE Central Bank to issue and establish its […]
OnEquity’s Impactful Presence at Forex Dubai Expo 2024
OnEquity has successfully concluded its participation as a Diamond Sponsor at the Forex Expo Dubai 2024, held on October 7-8 at the Dubai World Trade Centre. This prestigious event served as a groundbreaking platform for OnEquity to engage with industry leaders, showcase cutting-edge trading solutions, and connect with the global financial community. The Forex Expo […]
Today’s Stocks to Watch: J&J, Boeing, and Goldman Sachs
Key points: Boeing Aims to Raise $10 Billion Boeing (BA) plans to raise at least $10 billion through the sale of new shares. This strategy aims to stabilize its finances after a period of instability. Shares rose nearly 1% in after-hours trading. Goldman Sachs Reports a 45% Increase in Profits Goldman Sachs (GS) announced a […]