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…
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…