Earnings season begins in earnest this week as investors look for an exit from the market’s recent malaise as jobs data suggests recession fears may be overplayed. U.S. equity moved lower Monday, while the dollar Read more…
EURUSD bears returned on Monday to fight for parity after taking a quick break on Friday, which helped the price close mildly positive. The pair has also charted a bullish hammer candlestick around its 20-year low Read more…
…but will profit-taking delay the almost-inevitable drop to 1.0000? Although the EUR/USD bounced off its lows on Friday despite a stronger US jobs report, the currency pair remains heavy as we start the new week. Read more…
The New Zealand dollar is seeing red on Monday, as the US dollar has started the week with gains against the major currencies after a solid non-farm payrolls release on Friday. In the European session, Read more…
“The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement,” said chairman Bret Taylor. Twitter Read more…
From the OpenMarkets Exchange of Ideas panel, Cameron Dawson, chief investment officer at NewEdge Wealth, weighs in on the intersection of inflation and supply chains and how the Federal Reserve is responding. On June 10, Read more…
Stock futures edge lower, dollar leaps; Week Ahead: earnings, inflation, retail sales in focus; Twitter shares slump as board lawyers up, Musk walks out; Nio shares slide as EV maker responds to Grizzly Reports allegations Read more…
AUDUSD reversed from resistance level 0.6850 Likely to fall to support level 0.9870 AUDUSD currency pair recently reversed down from the key resistance level 0.6850 (former strong support which reversed the pair sharply in May Read more…
EURCHF reversed from key resistance level 0.9950 Likely to fall to support level 0.9870 EURCHF currency pair recently reversed down from the key resistance level 0.9950 (low of the previous minor impulse wave (i) from Read more…
Bitcoin rose 12.6% last week to near $21,600 but is bouncing back from gains to the $20,500 area at the start of the day, recording a 3.9% decline in the last 24 hours. Ethereum essentially Read more…