Stocks making the biggest moves midday: Clorox, Under Armour, Lemonade, Dunkin’ Brands & more
Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than...
USD/CAD Falls on Strong Canada Mfg. PMI
The Canadian dollar has kicked off the week with gains. In Monday’s North American session, USD/CAD is trading at 1.3270, down 0.34% on the day. It was a rough week for the Canadian dollar, which fell 1.48%, its worst weekly...
USDJPY Shifts Sideways; Broader Picture Bearish
USDJPY despite improving from the significant 104.00 support zone is transmitting a neutral-to-bearish tone, curbed by the gradual dip in the 100- and 200-period simple moving averages (SMAs). The flattening 50-period SMA is endorsing the horizontal price action, while mixed...
U.S Futures Rising – Watch AAPL, AMZN, WYNN, MPC
The S&P 500 Futures are posting a rebound after they in the red again on Friday. Investors became cautious ahead of the Nov. 3 presidential election, and remained concerned over the record-breaking Covid-19 cases around the world. Later today, the...
Euro and Dollar Turn Mixed as Global Stocks Rebound
Commodity currencies are taking control into US session with help from rebound in European indices. DOW future is also currently up around 450 pts. Canadian Dollar came out of the shadow of steep decline in oil prices, leading Aussie and...
Gold Price Declined Below $1,900 Support Level To Move Into A Bearish Zone
Gold price started a fresh decline after it failed to clear the $1,912 and $1,915 resistance levels against the US Dollar. The price declined below the $1,900 support level to move into a bearish zone. The price even broke the...
Asian banks, buffeted by coronavirus, ramp up continuity plans
Workers pass a thermal scanner as part of the coronavirus outbreak precautions during a media preview at the Singapore Airshow on Saturday Singapore is the latest country to feel the heat from the coronavirus. On Monday, it announced its 45th...
EUR/USD Outlook: Bears Risk Fresh Acceleration On Break Of 1.1612 Pivot
The Euro remains in red for the sixth straight day and extends steep fall to the lowest in over one month in early Monday’s trading. The pair fell near 1.8% last week, driven by strong risk aversion and registered the...
BOE Preview – Expanding QE Size while Keeping Rate Unchanged at Record Low
At the meeting this week, we expect BOE to increase the size of asset purchases (QE), by 100B pound, to 845B pound. The Bank rate will stay unchanged at 0.1%. Economic data released since the last meeting suggest that the...
Dollar Firm into a Week of Election, Fed and NFP
Dollar and Yen strengthen in general in Asian session today even though risk sentiments are not bad, as seen in rally in major indices. Solid data from China was enough to offset the pessimism over lockdowns in Europe, and the...