The Dollar Index has risen since last Tuesday, adding 2.5% to lows at 105.16. Speculators paused selling off the US currency in response to data and comments from Fed officials implying a higher interest rate Read more…
EUR/USD has resumed its downswing and is in negative territory on Monday. In the North American session, the euro is trading at 1.0238, down 0.81%. The ECB holds its final policy meeting of the year Read more…
China’s accelerating Covid crisis, as well as renewed bets on a U.S. recession, have stocks moving lower to kick-off the short Thanksgiving week. U.S. equity futures slipped lower Monday, while the dollar built solid gains Read more…
Yen trades broadly lower today following rebound in benchmark US and European yields. CAD/JPY is one of the top movers for the day. It’s possible that whole corrective pattern from 110.87 has completed with three Read more…
Coinbase shares, which traded as high as $429 when it debuted on the Nasdaq last year, are set to open under $43 Monday amid the ongoing fallout from FTX’s spectacular collapse. Coinbase Global (COIN) – Read more…
Former President Donald Trump has been invited back onto Twitter just days ahead of a key shareholder vote to keep his Truth Social merger, and Nasdaq listing, from collapse. Digital World Acquisition (DWAC) , the Read more…
“Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead through this pivotal period,” the company said. Disney (DIS) – Get Free Report shares soared higher Monday following the Read more…
USDJPY showed some significant improvement in the previous 4-hour session, extending the bullish structure above the 140.70 barrier and the 50-period simple moving average (SMA). The RSI is sloping slightly down above the neutral threshold Read more…
Stock futures lower on China Covid concerns; Week Ahead: Black Friday, Fed minutes in focus; Disney shares soar after shock return of Bob Iger as CEO; Twitter reinstates Trump, mulls new job cuts and FTX Read more…
ECB Chief Economist Philip Lane said in an interview that “we expect to raise rates further”. But “each meeting is different” and “one platform for considering a very large hike, such as 75 basis points, Read more…