Morgan Stanley repays $1.7 million to college savers for high-cost investments
Michael Nagle/Bloomberg via Getty Images Morgan Stanley will repay $1.7 million to customers who paid high costs on investments earmarked for education expenses like college tuition. The brokerage firm is paying the sum, including nearly $1.5 million in restitution plus...
Dead people may still get $600 stimulus checks
Igor Golovniov/SOPA Images/LightRocket via Getty Images Dead people may get some of the $600 stimulus checks the federal government began issuing Tuesday night. That would mirror what happened this past spring, when deceased individuals were among the recipients of a...
Stocks making the biggest moves midday: AMC, Levi Strauss, Dynatrace, AstraZeneca & more
Street performers in Minnie Mouse costumes pass in front of an AMC movie theater at night in the Times Square neighborhood of New York, Oct. 15, 2020. Amir Hamja | Bloomberg | Getty Images Check out the companies making headlines...
USD/JPY Accelerating Down as Dollar Selloff Continues
Dollar remains the worst performing one for today, after earlier downside breakout. Though, selling focus has shifted away from Euro. Currently, Australian Dollar an Sterling are the strongest one, followed by New Zealand Dollar. But Yen buying is accelerating in...
Swiss Franc Rises on Strong Swiss KOF
The Swiss franc has taken a pause from this week’s rally. Currently, USD/CHF is trading at 0.8847, up 0.08% on the day. USD/CHF is in positive territory this week, and dipped to a low of 0.8815 earlier on Wednesday. This marked...
USDCHF Sets a Floor Near Fresh 6-Year Lows; Bearish Overall
USDCHF, capped by the 20-day simple moving average (SMA), inched down to a new six-year low of 0.8814 on Wednesday. While the recent negative correction resurfaced fears of a stronger downtrend, the 0.8824 support region, which acted as resistance back...
EURGBP’s Upside Drive Dwindles, Nourishing Range
EURGBP remains consolidated between the confines of 0.8860 and 0.9229, with the pair currently testing the flattening simple moving averages (SMAs). The horizontal SMAs are promoting the sideways picture, while the static Ichimoku lines are reflecting oxygen deprived directional momentum....
The Dollar Continues To Decline Amid Rising Shares. The British Conservative Part Has Supported The Brexit Agreement
Stock markets continue to grow amid approval of the Covid-19 vaccine developed by AstraZeneca and the University of Oxford. This move will help the UK to increase vaccinations from Monday next week. Another positive news is the support for British...
USD Continues To Weaken Despite Delay In Stimulus
The USD continued to weaken yesterday, with a number of major currency pairs not seeing such a weak dollar for the past two and a half years. Greenbacks’ bears largely ignored a number of worrying signs, as safe-haven demand seemed...
USD/JPY Pair Broke The 103.50 Support Zone To Move Into A Bearish Zone
The US Dollar started a fresh decline from well above the 103.80 zone against the Japanese Yen. The USD/JPY pair broke the 103.50 support zone to move into a bearish zone. The pair even settled below the 103.40 level and...