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…
CVS said it administered more than 28 million Covid vaccines and tests over the three months ending in December, helping retail and pharmacy sales post solid year-on-year gains. CVS Health Corp. (CVS) – Get CVS Read more…
The fintech company is launching its first Blockchain, Crypto and Digital Currencies advisory council. While buying lunch with crypto is still a ways away for most people, Paypal (PYPL) – Get PayPal Holdings, Inc. Report is Read more…
Stock futures power higher as earnings offset inflation concern; McDonald’s shares gain on report Carl Icahn seeking board seat; Chipotle shares leap after Q4 earnings beat defies price increases; Lyft shares tumble after muted outlook Read more…
In a Die Zeit interview, new Bundesbank President Joachim Nagel said, “if the (inflation) picture does not change by March, I will advocate normalizing monetary policy.” “The first step is to end net bond purchases Read more…
On Tuesday, Bitcoin showed a growing momentum at the beginning of the day and reached five-week highs above $45,000. After a short-term rise above this level, a corrective decline began in the middle of the Read more…
GBPJPY’s positive drive has become feeble after its two-week rally stretched to the 156.71 level, just shy of the 157.00 handle. The climbing 50-period simple moving average (SMA) and its near bullish crossover of the Read more…
Silver has been trending downwards in the short term after its recent rebound was rejected by the 200-day simple moving average (SMA). However, in the last few daily sessions, the metal has gained traction, crossing Read more…
BoJ board member Toyoaki Nakamura said, “I don’t think conditions have fallen into place for Japan to modify monetary policy.” He warned, “if we raise interest rates now or before wages pick up, we would Read more…