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TSLA: Tesla Stock Drifts Lower by 4.5% After Unveiling Sub-$40,000 Model Y and Model 3

Key points: Standard models don’t have many of the features and extras of the higher-end makes. Traders weren’t impressed as the price tag was way[…]

GBP/USD: Pound Struggles to Break Out of Short-Term Range Trading Near $1.35. What’s Next?

Key points: Currency pair is shuffling between $1.3330 and $1.3590, drawing double tops and double bottoms – a dream for every technical bro. ☕ Pound-Dollar Zig-Zagging[…]

USD/JPY: Dollar Zooms Past ¥150, Yen Plunges on Pro-Stimulus Takaichi Win. Bye, Bye Rate Hikes?

Key points: Loose monetary policy might be staying. Lawmaker Sanae Takaichi is almost certainly going to become Japan’s next prime minister. The markets are reacting[…]

USD/JPY: Dollar Struggles to Regain ¥148 as Traders Ramp Up Bets on Interest-Rate Cuts

Key points: Greenback is looking to log the fifth red day of the last six sessions. No jobs data on deck for Friday might help[…]

EUR/USD: Euro Seeks to Gain from Dollar Confusion After ADP Shows US Lost Jobs in September

Key points: Greenback bulls aren’t sure how to approach the situation – the US government is in shutdown and the private payrolls shed 32,000 jobs[…]

SPOT: Spotify Stock Drops 4.2% as CEO Daniel Ek Unveils Plans to Tune Out, Hand Over the Mic

Key points: Another quarter as CEO and Daniel Ek will hand over the streaming giant to a pair of executives who will serve as co-CEOs.[…]

TSLA: Tesla Stock Boasts 100% Gain Since April. Will Deliveries Extend the Bull Run?

Key points: Later this week Tesla will report its delivery numbers for the third quarter. Here’s what to look for in the release. 🚀 Stock Doubles[…]

GBP/USD: Pound Seeks to Reclaim 100-Day Moving Average. This Week’s Data Might Help

Key points: Busy week of economic news and reports from both sides of the Atlantic. Here’s how the cable might get tossed around. 📈 Cable Climbs[…]

EUR/USD: Euro Loses Sight of $1.18 as Dollar Flexes on Powell’s Rate Comments

Key points: Interest rate expectations are reshuffling forex markets with the US dollar pressing higher across the board. 💵 Euro Slips as Dollar Gets Its Mojo[…]

GBP/USD: Sterling Seeks to Rebound After UK Inflation Meets Consensus at 3.4% in May

GBP/USD: Sterling Seeks to Rebound After UK Inflation Meets Consensus at 3.4% in May Key points: UK currency was trading higher by just 0.2% —[…]

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