Daily Pivots: (S1) 1.3400; (P) 1.3431; (R1) 1.3475; More… GBP/USD’s recovery from 1.3356 extends higher today but stays below 1.3523 minor resistance. Intraday bias remains neutral first and further fall is in favor. As noted Read more…
Gold is attempting to return to the $1800 area on Tuesday. The bulls do not want the price fixing below this round level, as they want to avoid the markets starting a wider liquidation of Read more…
Daily Pivots: (S1) 1.1165; (P) 1.1207; (R1) 1.1274; More… EUR/USD’s recovery from 1.1120 extends higher today but stays below 1.1299 minor resistance. Intraday bias remains neutral first and further is still in favor. On the Read more…
Dollar drops broadly today in rather mixed markets. Firmer risk sentiment might be a factor. Yet, Swiss Franc is currently the strongest, followed by Kiwi and then Aussie. Yen is also just steadily mixed. On Read more…
Canada GDP grew 0.6% mom in November, above expectation of 0.4% mom. Increases across almost all sectors contributed to the sixth consecutive monthly expansion. Real GDP was 0.2% above its pre-pandemic level in February 2020. Read more…
The Canadian dollar has rebounded this week, after sustaining losses of over 1.5% last week. One of this week’s highlights is Canada’s GDP, which will be released later today. After a strong gain of 0.8% Read more…
AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report shares surged higher Tuesday after the world’s largest cinema chain posted preliminary fourth quarter earnings that could confirm its aim to return to profit Read more…
The short month is long on deals, with President’s Day sales on mattresses and rare discounts on perfumes and colognes. Although February is the shortest month of the year, it is packed with plenty of Read more…
Crypto exchange FTX has raised $400 million, pushing its valuation to $32 billion, a sum that will revive questions about a crypto bubble. The news will no doubt revive questions about the formation of a Read more…
Wall Street looks set to kick-off the month of February on a cautious note, but easing Treasury bond yields and muted market volatility could provide a spark later in the session. Updated at 8:30 am Read more…