RBA exceeded expectations in its rate hikes. AUD witnessed gains across the FX board. AUD/USD investors waited for Fed's move. The Reserve Bank of Australia is among the leading central banks that conduct monthly meetings to assess the economy and…
The Shell share saw its price forming a climbing wedge formation. Analysts expect mixed results from the upcoming earnings report. Other energy shares saw sideways actions after publishing outcomes. The Shell share price remains range-constricted as market players await the…
McDonald's revealed better than expected Q1 outcomes. The worldwide comparable sales surged by 11.8%. The United States stock market is still under pressure. McDonald's Corporation shares plunged this week despite reporting somewhat impressive first-quarter results. The stock trades under NYSE:…
USD/CHF saw sideways action following the latest Fed Reserve minutes. The minutes revealed that the bank would begin quantitative tightening. The divergence between SNB and Fed has widened. USD/CHF went sideways following the latest Switzerland unemployment rate and hawkish stance…
Ukraine-Russia conflicts remain in focus. The US central bank increased the main rate (by 25 bps). The previous week had top stocks in gains: S&P 500 (+6.2%), NASDAQ (+8.2%), and Dow Jones (+5.5%) Wall Street's main indexes (S&P 500, Dow…
Earl Coleman