AUDJPY is tiptoeing beneath the established 93.85-94.30 resistance barricade that has muted positive developments ever since the pair corrected to the 91.00 level, which is the 23.6% Fibonacci retracement level of the 80.36-94.30 up leg. Read more…
ECB announced that the Asset Purchase Program “should be concluded in the third quarter. Monthly net purchases under the APP will continue to be EUR 40B in April, EUR 30B in May and EUR 20B Read more…
Russia’s aggression in Ukraine is causing enormous suffering. It is also affecting the economy, in Europe and beyond. The conflict and the associated uncertainty are weighing heavily on the confidence of businesses and consumers. Trade Read more…
Barnes and Noble and the Apple Store are closed, but CVS and Walgreens will be open. Christmas and Easter are both holidays with religious roots that have come to be celebrated by people of many Read more…
“The rapidly evolving market environment had a significant effect on client activity as risk intermediation came to the fore and equity issuance came to a near standstill,” said CEO David Solomon. Goldman Sachs Group (GS) Read more…
U.S. equity futures moved modestly higher Thursday as investors looked to a key reading of March retail sales, as well as the expiry of more than a $1 trillion dollars in stock options, ahead of Read more…
Bitcoin rose 4.3% on Wednesday to end the day around $41,300, Ethereum added 4% to reach 3100, and both remain near those levels early Thursday. The leading altcoins from the top ten have risen in Read more…
The Dollar is correcting on Thursday morning, losing around 1% from Wednesday’s peak, when the dollar index rose to its highest since May 2020. It has caught our attention that Gold and the Dollar have Read more…
The USDJPY stands at the back foot on Thursday, but still with limited downside, after Wednesday’s shooting start indicated that bulls might be running out of steam. Traders reduced pace ahead of Easter holiday, which Read more…
Cable keeps positive tone in European trading on Thursday, following almost 1% advance on Wednesday (the biggest one-day gains since 9 July 2021). Repeated failures to clearly breakthrough 1.30 support resulted in strong bounce that Read more…