The markets are preparing for the next Fed decision, the publication of which and subsequent Chairman Powell’s comments have the potential to trigger sharp market moves and set the tone for the days or even Read more…
USD/JPY continues to show limited movement this week. In the North American session, USD/JPY is trading at 144.10, up 0.27%. BoJ unlikely to change policy The Japanese yen has depreciated by over 20% this year, Read more…
Euro drops broadly today, in particular against Swiss Franc. The selloff came after Russian President Vladimir Putin announced partial military mobilization for the invasion of Ukraine. That’s the first such mobilization since World War II, Read more…
Despite efforts to reinvigorate its Gap, Old Navy and Banana Republic offerings, Gap is laying off 500 corporate workers as consumers snub the once-popular brands. When you’re out, you’re out. Just ask Abercrombie & Fitch Read more…
The Australian dollar has edged lower today. Earlier, AUD/USD dropped to 0.6654, its lowest level since May 2020. Risk sentiment has soured after Russia announced that it is moving quickly to annex territories that it Read more…
XAGUSD seems to be forming a correction wave b of the cycle degree, which is part of the global zigzag. It is assumed that the correction b is a primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The first Read more…
The Euro extends fresh bearish acceleration into second straight day, after disappointing EU data on Tuesday soured the mood, with announcement from Russian President Putin about the partial mobilization, further worsening the sentiment. The latest Read more…
Stocks are trending higher Wednesday, but volumes are likely to remain muted ahead of the Fed’s highly-anticipated interest rate decision at 2:00 pm Eastern time. U.S. equity futures edged higher in pre-market trading Wednesday as Read more…
The longest streak of daily declines for U.S. gas prices since 2005 came to a halt last night as pump prices nudged higher for the first time in more than three months. U.S. gasoline prices Read more…
“Doug Ramsey, chief operating officer, has been suspended effective immediately,’ Beyond Meat said in a brief statement late Tuesday. Beyond Meat (BYND) – Get Beyond Meat Inc. Report shares moved lower Wednesday trading after the plant-based Read more…