EURUSD Analysis: Reveals Descending Pattern
The European Single Currency appreciated 0.25% against the US Dollar during morning hours. The currency pair bounced off the bottom of a new trend line and retraced back to the monthly pivot point near the 1.1690 level to remain relatively...
This chart could explain why the bitcoin bubble hasn’t fully burst
“Every time bitcoin was in the news, be it positive or negative, the price went up accordingly,” van der Burgt said in a phone interview with CNBC on Wednesday. Van der Burgt said the correlation between Google searches for bitcoin...
Stocks Pressured as Trump is Ready to Bring US-China Trade War to Another Level
Canadian Dollar is trading as the weakest one for today, followed by New Zealand Dollar and then Australian Dollar. Asian stocks are under pressured broadly, following the pull back in US equities overnight. Investors seemed to be bother by the...
After-hours buzz: AOBC, LULU & more
Check out the companies making headlines after the bell: American Outdoor Brands shares skyrocketed 20 percent in the extended session after a first-quarter earnings beat. The Smith & Wesson parent company earned 21 cents per share for the quarter, up...
‘Outright bullish’ on the market, money manager says to get into stocks ‘right now’
With the stock market about to leave the summer behind, now is the time to buy, according to Jerry Castellini, president and chief investment officer of CastleArk Management. In fact, he told CNBC on Thursday the market can move up...
Signet surges on surprising sales growth, posts best day in 22 years
Shares of Signet surged more than 20 percent Thursday after the jewelry retailer reported better-than-expected results and boosted its full-year outlook. Signet — the owner of Kay Jewelers, Zales and Jared jewelry stores — reported earnings that were more than...
PSD2: Real-time processing? Not so fast
The 2018 UK business payments barometer report published by Bottomline Technologies notes that financial decision-makers recognise the change that PSD2 can bring to payments within their businesses. Few observers expect large numbers of corporates to become payment-initiation service providers, offering...
British Pound Pauses after Sharp Gains
GBP/USD has recorded slight losses in the Thursday session, after sharp gains on Wednesday. In North American trade, the pair is trading at 1.2996, down 0.25% on the day. On the release front, British Net Lending to Individuals dropped to...
NAFTA Negotiations: Canada Steps up to the Plate
On Monday, the U.S. and Mexican NAFTA discussions resulted in an announcement of a bilateral trade agreement. This agreement includes augmented rules of origin for autos, strengthened intellectual property protections, guarantees of a more level playing field for financial services,...
Bank of America is making an important change to trading on retirement accounts
Bank of America is lifting a self-imposed ban on commission-based trading in customer retirement accounts. The move comes after the rollback of an Obama-era regulation on the brokerage industry that was designed to protect investors from conflicted investment advice. Customers...
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