January has been a month to forget for many investors after hundreds of billions of dollars were wiped off equity and bond markets. Traders have shifted from the speculative corners of the market to safe Read more…
It was a week to forget for the Canadian dollar. USD/CAD jumped 1.51%, marking the Canadian dollar’s worst weekly performance since mid-August. The currency is in positive territory, as USD/CAD is down 0.31% on the Read more…
Barclays analyst Benjamin Theurer boosted his rating and price target on Beyond Meat Monday, noting “more positives than negatives” for the plant-based food group. Beyond Meat (BYND) – Get Beyond Meat, Inc. Report shares jumped higher Read more…
The USD slowed down as US stocks turned higher on Friday, but this can be only a temporary slowdown as stocks may remain in downtrend due to risks between US and Russia. However, there are Read more…
Bears are consolidating above new seven-month low (1.1145, posted on last week’s 1.74% fall) on Monday, with limited bounce before larger bears regain full control, seen as likely scenario. Oversold stochastic on daily chart signals Read more…
The dollar index edges lower in early Monday’s trading, following last week’s 1.6% advance (the biggest weekly rally since early June 2021) that resulted in hitting the highest in 18 months. The greenback was lifted Read more…
Stock futures mixed in final session of bruising January trading; Amazon, Google and Facebook highlight another busy week of earnings on Wall Street; Citrix shares slide after reports of $13 billion private equity bid; Joe Read more…
Dollar defends gains, awaits barrage of US economic data Stocks bounce back, yen retreats as nerves calm down Three major central bank meetings and tech earnings lie ahead Risk tone improves Market volatility has returned Read more…
Eurozone GDP grew 0.3% qoq in Q4, slightly below expectation of 0.4% qoq. EU GDP grew 0.4% qoq. The 2021 annual growth was at 5.2% based on first estimation for both Eurozone and EU. Among Read more…
We continue to see significant volatility from the Australian dollar. Last week, AUD/USD plunged 2.51%, its worst week since mid-August. After three straight days of losses, the currency has roared back with gains of close Read more…