Browsing Category
Markets
USDCAD bounces after stronger jobs report on Friday. Trend higher continues. What next?
USD/CAD bounces higher after some strengthening on Friday following a stronger than expected Canadian jobs report. Technically, the price has moved into the swing zone between 1.3784 and 1.38036 (see red numbered circles on the chart…
The Earnings calendar this week includes Citi, BofA, J&J, Goldman, United, TSMC & Netflix
Earnings season kicked off last weekend, led by JP Morgan and Wells Fargo. More financial data will be announced this week along with companies like United, Johnson & Johnson, Taiwan Semi Conductor and Netflix also on the release…
Dollar edges higher against major currencies as traders weigh US data By Reuters
By Chibuike Ojoh and Alun John NEW YORK/LONDON (Reuters) - The US dollar stabilized against major currencies on Friday as markets absorbed a large number of economic data that supported the current monetary policy path of the Federal…
Pound to Dollar Forecast: Will GBP/USD Decline Amid Weak UK Data?
The Pound to Dollar forecast points to potential weakness in GBP/USD as UK labor and inflation data underwhelm, while the US Dollar remains strong.
The USD is the strongest and the CHF is the weakest as the NA session begins
As the North American session begins, the US dollar is the strongest and the Swiss franc is the weakest. Japan was on holiday today and so was Canada (Thanksgiving). The US has a semi-holiday period but US stocks are open (Columbus Day).…
USD/CNY volatility likely – BOA By Investing.com
Investing.com - Bank of America takes a look at the pair, seeing potential volatility ahead.
At 07:55 EDT (11:55 GMT), the USD/CNY was trading 0.3% higher at 7.0849, up 1% over the past week.
“We continue to believe that the upcoming US…
Is Boeing stock a good buy right now?
Buying Boeing (BA) Stock on the Dip: A Step-by-Step Trading Plan Using the Levitan MethodFor investors looking to capitalize on long-term opportunities, buy-the-dip strategies provide a compelling approach. This article presents a…
Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com
Investing.com - The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials.
At 04:00 EST (09:00 GMT), the dollar index,…
China September M2 money supply +6.8% vs +6.4% y/y expected
High risk warning:
Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…
Dollar holds gains while investors parse China’s stimulus plans By Reuters
Written by Vidya Ranganathan SINGAPORE (Reuters) - The dollar maintained its gains and even extended some gains in Asian trading on Monday as a holiday in Japan drained liquidity, leaving somewhat disappointing Chinese stimulus…