The single currency has fallen under 1.0590, below pandemic lows and at its lowest level since April 2017. The 1.0600 area for EURUSD has repeatedly worked as a turning point since 2015. In 1997 and Read more…
The Australian dollar has finally turned things around after a nasty four-day slide. AUD/USD as much has 330 points during that time but is currently trading at 0.7149, up 0.37% on the day. CPI higher Read more…
A bigger-than-expected first quarter loss for Boeing has added to a mixed set of bluechip earnings, offsetting a big jump for Microsoft amid the busiest reporting week of the year. U.S. equity futures looked to Read more…
“We increased 737 MAX production and deliveries and made important progress on the 787 by submitting our certification plan to the FAA,” said CEO Dave Calhoun. Updated at 7:49 am EST Boeing (BA) – Get Read more…
“We’re going to face a tough comp” for search revenues in the second quarter, CFO Ruth Porat told investors last Tuesday. Alphabet (GOOGL) – Get Alphabet Inc. Class A Report shares slumped lower Wednesday after the Read more…
“T-Mobile continues to be the growth leader in this industry, with another beat and raise quarter that delivered front-of-the-pack postpaid, new account, and broadband customer results,” said CEO Mike Sievert T-Mobile US (TMUS) – Get Read more…
The US Dollar gained pace above the 128.00 resistance against the Japanese Yen. The USD/JPY pair even traded above 128.50 and formed a new multi-year high at 129.40. Recently, there was a downside correction below Read more…
“When it comes to our commercial cloud offerings, we have significant advantages,” said CEO Satya Nadella. Microsoft (MSFT) – Get Microsoft Corporation Report shares leapt higher Wednesday after the tech giant forecast stronger-than-expected revenue growth for Read more…
Stock futures rebound on earnings boost, but bears continue to lurk; Microsoft forecasts impressive cloud growth, erasing Azure concerns; Google shares slide on revenue miss, $70 billion buyback softens blow; Twitter shares extend slide amid Read more…
US dollar rises as investors seek safety The US dollar soared overnight as risk aversion swept financial markets, with the euro having a particularly painful session as Russian risks accelerated. The dollar index smashed through Read more…