The US dollar continues upwards as traders pour in before the Fed hike next week. A bullish MA cross on the daily chart indicates an acceleration to the upside after a break above April 2021’ high at 0.9460. General sentiment remains overwhelmingly optimistic as the greenback heads towards 0.9730. However, the bulls may refrain from […]
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EURUSD surged through 1.15 barrier and hit new multi-year high as effect from worsening fundamentals was boosted by a holiday-thinned market on Easter Monday. The latest escalation of trade war further deflated dollar and provided Read more…
The escalating trade war with China poses a major threat to the U.S. stock market. Ross Mayfield, investment strategist at Baird, joined TheStreet to discuss why this conflict presents a significant risk to both Wall Read more…
The S&P 500 opened 2% lower on April 21 after finishing last week down 1.5%. Last week’s losses disappointed investors who were hopeful that stocks could continue to build on a bounce-back rally that kicked Read more…