JP Morgan (JPM) shares edged higher in Thursday trading and remain one of the market’s top-performing bank stocks this year, as investors look to the lender’s first-quarter report to help define the tenor of the Read more…
New York Fed President John Williams suggested that, should the economy evolve as anticipated, it would be prudent to “dial back the policy restraint gradually over time, starting this year.” However, he was quick to Read more…
Markets The ECB kept its policy rates unchanged. A few members were already inclined to lower rates, but they eventually rallied behind the consensus. In it policy statement, the central bank altered its forward guidance Read more…
Photo by Dan Seifert / The Verge Apple is finally making it easier for users to repair their iPhones with used parts. In an update on Thursday, the company announced that this fall, owners of Read more…
Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, April 11. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from Read more…
Daily Pivots: (S1) 152.09; (P) 152.66; (R1) 153.73; More… No change in USD/JPY’s outlook and intraday bias remains on the upside. Sustained break of 61.8% projection of 140.25 to 150.87 from 146.47 at 153.03 will Read more…
Daily Pivots: (S1) 0.9051; (P) 0.9100; (R1) 0.9177; More…. As long as 0.8996 support holds, further rally is expected in USD/CHF. Current rise is part of the whole rally from 0.8332. Next target is 161.8% Read more…
Daily Pivots: (S1) 1.2471; (P) 1.2589; (R1) 1.2659; More… No change in GBP/USD’s outlook and intraday bias stays on the downside. Decisive break of 1.2517 support will carry larger bearish implication. Next near term target Read more…
Daily Pivots: (S1) 1.0692; (P) 1.0779; (R1) 1.0830; More… Intraday bias in EUR/USD remains on the downside at this point. Decisive break of 1.0694/0723 support zone will resume whole fall from 1.1138. Next target is Read more…
Euro weakens broadly following ECB’s decision to maintain interest rates unchanged, coupled with explicit suggestions of a potential rate cut ahead. However, selloff has been relatively mild, primarily because ECB’s statement didn’t serve as a Read more…