The euro has fallen below the 1.13 level in Tuesday trade. EUR/USD is trading at 1.1266 in the North American session, down 0.55% on the day. Risk appetite down, greenback up The US dollar is Read more…
Markets Calm returned to European stock markets after a manic Monday. EU bourses recoup a modest 0.4 to 1% from the losses that mounted to more than 4%. US stocks are less lucky. The late-session Read more…
US Conference Board Consumer Confidence Index dropped from 115.2 to 113.8 in December, above expectation of 112.3. Present Situation Index rose from 144.8 to 148.2. Expectations Index dropped from 95.4 to 90.8. “Consumer confidence moderated Read more…
Fed fears drive stocks lower as the two day FOMC meeting begins. US futures Dow futures -0.85% at 34095 S&P futures -1.6% at 4345 Nasdaq futures -2.1% at 14209 In Europe FTSE +0.7% at 7360 Read more…
The Swiss franc is down sharply on Tuesday, with USD/CHF climbing above the 92 line for the first time in two weeks. In the North American session, USD/CHF is trading at 0.9184, up 0.58% on Read more…
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in Read more…
FOMC minutes attract attention The two-day FOMC meeting begins today and concludes tomorrow with a decision as the global economy is feeling the pain of omicron variant. The Federal Reserve is widely expected to maintain its hawkish stance as it Read more…
SmileDirectClub will close certain overseas operations, pause its move into other international markets, cut jobs and book related costs SmileDirectClub (SDC) – Get SmileDirectClub Inc Class A Report said it would close certain overseas operations, Read more…
Daily Pivots: (S1) 113.63; (P) 113.82; (R1) 114.16; More… Intraday bias in USD/JPY remains neutral at this point. As noted before, considering bearish divergence condition in in daily MACD, it’s probably already in correction to Read more…