GBPUSD – 2 Aug 2024
GBPUSD – 2 Aug 2024 GBPUSD 2 Aug 2024 On the daily timeframe, GBPUSD has continued to decline since the trend reversal in the middle of last month when it managed to touch the price of 1.30077. It is in a bearish trend that has brought it down close to the kumo, and it has […]
Meta Reports $4.5B Metaverse Loss: Zuckerberg Remains Hopeful
Meta Reports $4.5B Metaverse Loss: Zuckerberg Remains Hopeful Meta Reports $4.5B Metaverse Loss. Meta’s stock (META) surged 7% in off-hours trading ahead of Thursday’s market opening following a robust spring quarter performance. The Facebook parent company exceeded both earnings and revenue expectations, reporting a 73% rise in earnings to $13.5 billion, or $5.16 per share, […]
Bullish Outlook Amid Weak Jobs Data and Anticipated Fed Rate Cuts
As of August 2, 2024, gold continues to show strong bullish momentum, driven by weaker-than-expected U.S. jobs data and rising anticipation of a Federal Reserve rate cut in September. Geopolitical concerns, especially in the Middle East, are further bolstering gold’s appeal as a safe-haven asset. In this article, we analyze the factors shaping the gold […]