Daily Pivots: (S1) 1.0757; (P) 1.0773; (R1) 1.0787; More… EUR/USD is staying below 1.0810 resistance despite today’s rise. Intraday bias remains neutral at this point. Further rally is expected as long as 55 4H EMA Read more…
Fresh selling is seen in Yen and Dollar in early US session, as the markets are going through a quiet day. There is no immediate fundamental catalyst identified for these movements. Traders might be repositioning Read more…
The British pound is slightly higher on Monday. GBP/USD is up 0.20%, trading at 1.2549 in the European session at the time of writing. UK job growth expected to slide The UK labor market has Read more…
Updated 9:32 AM EDT GameStop (GME) shares soared in early Monday trading, taking the stock to the highest levels since last July, after a retail investor who was credited with sparking the 2021 meme-stock frenzy Read more…
Nvidia shares edged higher in early Monday trading after a pair of analysts issued big price target changes on the AI tech giant ahead of its highly anticipated first-quarter-earnings report on May 22. Nvidia (NVDA) Read more…
China’s Ministry of Finance announced it will commence the sale of the first batch of a significant issuance of ultra-long special sovereign bonds this week, with plans to distribute CNY 1T across various tenors ranging Read more…
The New Zealand dollar has edged lower on Monday. NZD/USD is down 0.17% on the day, trading at 0.6009 in the European session at the time of writing. NZ inflation expectations ease to 2.3% New Read more…
US 100 stock index eyes March all-time high But latest upleg may have run its course Is a correction on the way or is a record peak in sight? The US 100 stock index (cash) Read more…
Market picture Crypto market cap on Monday stands at $2.2 trillion, down 5.2% over seven days, although it showed some growth over the weekend. Local market capitalisation peaked on March 14th, but the active decline Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher again Monday, while Treasury yields and the dollar held steady, as investors looked to a key inflation reading later in the week Read more…