Day: November 13, 2024

🚨 EURUSD news: Trump and political uncertainty in Germany are dragging the pair down 🚨 According to FXStreet analyst Haresh Menghani, the US dollar’s post-election rally continues.

🚨 EURUSD news: Trump and political uncertainty in Germany are dragging the pair down 🚨 According to FXStreet analyst Haresh Menghani, the US dollar’s post-election rally continues. This is due to expectations that the protectionist policies of US President-elect Donald Trump could increase inflation in the long term. Further, the analyst believes that this situation will limit the ability of the US Federal Reserve to ease monetary policy, which creates additional pressure on the EURUSD currency pair. Uncertainty in the political situation in Germany also adds volatility to the market and intensifies the fall of the euro. For traders, this may mean additional risks and room for maneuver in the current environment. submitted by /u/Yuriy_UK [link] [comments]

Published
Categorized as Reddit Post

Bitcoin will form a top at the end of May, which coincides with forecasts of a recession in the United States, Copper analysts said.

Experts explained this by data from bullish and bearish cycles, which on average last about 756 days. 554 days have passed since the formation of the bottom; another 202 days remain until the peak, if the analogies remain correct. https://forklog.com/?p=245065 #forecast #Copper submitted by /u/glira31 [link] [comments]

Published
Categorized as Reddit Post

An impressive 76% of Nvidia employees are millionaires, largely due to the rapid growth in the company’s stock value and its successful development.

Even more remarkable is the fact that 37% of employees have net worths exceeding $20 million, placing them in a highly elite group. This wealth accumulation underscores Nvidia’s significant market performance and the financial rewards of working at a rapidly growing tech leader. Nvidia’s success, focused on artificial intelligence and graphics technologies, has generated tremendous wealth for its employees. Nvidia’s stock-based compensation model has clearly paid off, elevating the financial status of its employees in an extraordinary way. submitted by /u/glira31 [link] [comments]

Published
Categorized as Reddit Post

The Kobeissi Letter: US technology funds posted $5 billion of outflows over the last 4 weeks, the most on record.

https://preview.redd.it/vrbvr568zl0e1.jpg?width=764&format=pjpg&auto=webp&s=a73e6c0f4acfaa5db95f1a2fa53ecb9a407d60ae This is more than double the outflows seen at the beginning of the 2022 bear market, according to Bank of America. This comes after tech funds experienced record inflows for two consecutive years. During this time, the Nasdaq 100 has rallied +90%, marking one of the best performances since the 2000 Dot-Com Bubble. Despite massive outflows, tech stocks continued their run and the Nasdaq 100 gained 5% this week. Are tech stocks ready for a pullback? submitted by /u/FXgram_ [link] [comments]

Published
Categorized as Reddit Post