USD/CAD – Canadian Dollar Dips, US Consumer Confidence Next
The Canadian dollar has posted losses in the Friday session, erasing the gains from the Thursday session. Currently, USD/CAD is trading at 1.3197, up 0.31% on the day. There are no Canadian releases on the schedule. In the U.S, the...
DAX Steady As Investors Search For Cues
The DAX index is showing limited movement in the Friday session. Currently, the DAX is at 12,510, up 0.14% on the day. On the release front, there are no major German or eurozone events. The German Wholesale Price Index dipped...
Dollar Bulls Remain In Control Ahead Of Fed Chief’s Prepared Remarks
Here are the latest developments in global markets: FOREX: The US dollar index (+0.38%) continued its march higher during the European trading session on Friday, with little in the way of fresh news to guide price action. It is currently...
Stock Markets Recover, Pound Trumped While Gold Melts
Investors were placed on an emotional rollercoaster ride this week as trade tensions between the United States and China intensified. The Trump administration’s latest threats to impose tariffs on an additional $200 billion of Chinese goods initially dealt a blow...
Middle East’s strategic location drives FX growth
Tod Van Name In recent months, Q8 Securities has launched an FX and contract-for-difference (CFD) trading platform in Kuwait, while ATFX subsidiary AT Capital Markets received a licence from the Financial Services Regulatory Authority in the Abu Dhabi Global Market....
Dollar Regaining Momentum While Risk Appetite Stays Strong, NASDAQ Hit Record High
The markets are rather calm today as supported by relatively positive investor sentiments. NASDAQ surged to new record high at 7825.67 before having a strong close at 7823.92, up 1.39%. DOW ended up 0.91% at 24924.89 while S&P 500 rose...
The Long View: When Will Traders Jump Off the Bullish Dollar Trend?
Heading into this year, there was a convincing case for a dollar rally. After all, the world’s reserve currency had fallen sharply against most of its major rivals in 2017 as the luster of the pro-dollar “Trump Trade” wore off...
The Sky Hasn’t Fallen Just Yet
Trade War Escalates, but the sky hasn’t fallen just yet as optimism crept back into the market on reports of fresh bilateral trade negotiations between China and the US coupled with a slightly firmer RMB scrim. “Where there is a...
Financial stocks are giving us a ‘warning sign’: Money manager
There are a lot of positives right now for the banking industry, yet the stocks aren’t responding — and that’s a signal for investors, market expert Quint Tatro told CNBC on Thursday. Bank equities have underperformed this year despite a...
The S&P 500 should pass 2,800 after Friday’s earnings: Investor
After financials report Friday, the S&P 500 is likely to pass the 2,800 mark, investor Steve Grasso told CNBC. “Prior to tomorrow’s opening, when you get these companies that should perform pretty well, you should see the market overtake that...
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