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Day: November 27, 2020

Stocks making the biggest moves midday: Amazon, Tesla, AstraZeneca, Carnival & more

An Amazon.com Inc worker prepares an order in which the buyer asked for an item to be gift wrapped at a fulfillment center in Shakopee, Minnesota, U.S., November 12, 2020. Amazon.com Inc | Reuters Check out the companies making headlines in midday trading.  Moderna — The drugmaker’s stock jumped 16.4% after AstraZeneca’s CEO said the …

Stocks making the biggest moves midday: Amazon, Tesla, AstraZeneca, Carnival & moreRead More

Week Ahead – Data Overload May Spoil Vaccine Euphoria; NFP to Lead the Pack

It’s NFP week and as investors battle the vaccine optimism against the short-term gloom, the latest jobs report from the United States may determine which way sentiment sways next. Canada will also publish jobs numbers along with its Q3 GDP print. The Reserve Bank of Australia, meanwhile, will kick off the December round of central …

Week Ahead – Data Overload May Spoil Vaccine Euphoria; NFP to Lead the PackRead More

Sterling Weighed Down by Same Old Brexit Concerns, as UK-EU Divergences Remain

Sterling turns generally lower in quiet holiday-mood trading today. Sellers are back in control as there appears to be no path out of the Brexit trade talk deadlocks yet. And, time is running out clearly. Overall, Yen and Dollar remain the worst performing ones of the week, on general optimism over coronavirus vaccines. New Zealand …

Sterling Weighed Down by Same Old Brexit Concerns, as UK-EU Divergences RemainRead More

USD/JPY Analysis: Passes Support Levels

On Friday morning, the USD/JPY currency exchange rate passed the support levels near 104.20. Due to that reason, the pair had no technical support as low as the 103.32 level. In theory, the rate should decline to this mark. However, take into account that the Monday’s low level could provide support. – advertisement –

EUR/USD Outlook: A Low Is Formed Near 1.1885 And The Pair Is Currently Rising

The Euro remained in a positive zone above the 1.1880 pivot level against the US Dollar. The EUR/USD pair traded as high as 1.1940 recently before starting a downside correction. The pair traded below the 1.1900 level, but it remained well below near the 50 hourly simple moving average. A low is formed near 1.1885 …

EUR/USD Outlook: A Low Is Formed Near 1.1885 And The Pair Is Currently RisingRead More

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