More On Technical Analysis
Get a roundup of the recent market performance, including the Dow Jones’ strongest showing since March, a decrease in the Consumer Price Index, and Tesla’s display of its humanoid robot.
The Fear & Greed Index from CNN Money indicates “Extreme Greed” in the market, while the Dow Jones continues its winning streak with strong earnings from major banks.
Analysts express contrasting opinions on Tesla’s stock, with one bullish on its growth potential and another bearish on its valuation.
GBP/USD dropped following Bank of England’s indication of fewer future rate increases and revised economic forecasts.
The British pound surged in value after the Bank of Japan announced its yield curve control policy and UK’s hot CPI numbers.
British pound strengthens on Wednesday, surpassing 1.23 level and potentially reaching 1.2450, with Federal Reserve’s monetary policy being a factor.