GBPUSD is gaining 0.35% on Wednesday, surpassing 1.3585, not far from the month’s highs of 1.3620. The British pound is closely correlated with equity market dynamics, and the latest upward momentum in major global indices Read more…
Wall Street is looking to post it first back-to-back gains in more than a week as solid earnings drive investor sentiment ahead of Thursday’s key January inflation reading. U.S. equity futures powered higher Wednesday, following Read more…
The name of the giant Cupertino, Calif., computer brand is being floated by analysts to buy the struggling fitness group but a marriage between the two is not in Apple’s favor. Apple (AAPL) – Get Read more…
Social media reacts to China’s introduction of the digital Yuan at the Winter Olympics. China’s introduction of its digital Yuan at the Winter Olympics in Beijing has sparked a variety of reactions on social media. Read more…
A mid-December price hike should help Chipotle manage rising input and wage costs after the restaurant chain posted stronger-than-expected fourth quarter earnings. Updated at 7:30 am EST Chipotle Mexican Grill (CMG) – Get Chipotle Mexican Read more…
Brent crude oil futures are easing after they reached the upper Bolling band and a new high at 94.00 on Monday. The RSI indicator is falling from the overbought region, while the MACD is dropping Read more…
GBPCAD came back swinging after its January retreat as the bearish forces appeared to run out of steam. Moreover, the pair crossed above both its 50- and 200-day simple moving averages (SMAs), while the latter also rejected a temporary minor Read more…
The British pound continues to have a quiet week and is looking for direction. There is plenty of political uncertainty both in the UK and abroad, but the pound remains in calm waters. Tensions over Read more…
The Australian dollar extends advance into third straight day, lifted by fresh risk appetite that lifted stocks and reopening of Australia’s borders. Bulls broke above last week’s high (0.7168) and pressure pivotal barriers at 0.7181/83 Read more…
Markets are slow with US stocks trapped in range as everyone waiting on the US CPI tomorrow. As such, the buck is also mostly slow, moving sideways, but still looking corrective on intraday chart, so Read more…