Category: Extend

  • Chart Art: AUD/USD to Extend Its Uptrend?

    AUD/USD finds support in a key area of ​​interest! Will this extend the pair’s month-long uptrend? We take a closer look at the 4-hour time frame for clues! AUD/USD 4-hour Forex chart Chart by TradingView The second half of May has not been a good month for the AUD/USD pair…

  • BlackRock pushed Anglo to extend talks with BHP, FT reports By Reuters

    (Reuters) – Anglo American has come under pressure from major shareholders including BlackRock (NYSE:) to extend talks with BHP Group (NYSE:) over a proposed £38.6 billion (49.18 billion) mining merger, the Financial Times reported on Saturday. Billion dollar). BHP, the world’s largest listed mining group, has until May 29 to…

  • FX Watch: GBP/USD to Extend Its Uptrend After the U.K. CPI Release?

    In case you missed the latest weekly FX market summary, Uncle Sam’s slightly weaker economic data has traders holding off on a rate hike or even a rate cut from the Fed. Fortunately for USD bulls, Fed members also came out and hinted at a “higher for longer” interest rate…

  • OPEC+ likely to extend production cuts in June, Goldman Sachs says (NYSEARCA:USO)

    Slavko Sereda/iStock via Getty Images Crude oil futures added modestly to gains from the previous session on Thursday that followed an unexpected decline in US inventories. A 1.4 million barrel drop in US crude inventories in the week ending May 3Supported the market After a month Joseph Dahria, Director of…

  • Chart Art: Will Bitcoin (BTC/USD) Extend Its Downtrend?

    Bitcoin is having trouble making new highs above the $65,000 mark! Will this extend the BTC/USD price in its weeks-long downtrend? We take a closer look at the 4-hour chart: Bitcoin (BTC/USD) for 4 hours Chart by TradingView If you’ve read our latest Daily market summary You will then learn…

  • Mastercard and I&M Extend Alliance Enhancing Cardholder Value in Kenya

    Mastercard and I&M Bank have announced the extension of their strategic collaboration through an 8-year alliance aimed at enhancing value propositions for cardholders in Kenya. The partnership aims to provide benefits through distinct competitive customer value propositions offered by I&M Bank’s debit and credit card portfolio. Providing valuable and secure…

  • Forexlive Americas FX news wrap 6 May: US stocks extend gains from last week. USD mixed.

    It was a quiet day on the economic events front with only April ’employment trends’ on the economic calendar. This index fell to its lowest level since May 2021, but the market largely ignored it. There were two Fed officials speaking. President of the Federal Reserve Bank of Richmond Barkin…