AUD/USD Calm ahead of Aussie CPI
The Australian dollar is showing limited movement in the Tuesday session. In North American trade, AUD/USD is trading at 0.7133, up 0.14% on the day. Australia CPI on center stage The Australian dollar has shown limited movement for almost a...
Home prices in August see biggest gains in more than two years, S&P Case Shiller says
Strong demand and a limited supply of homes have caused home price gains to accelerate dramatically. Prices beat expectations, rising 5.7% annually in August, up from 4.8% in July, according to the S&P CoreLogic Case-Shiller National Home Price Index. The...
Dollar Shrugs Strong Durables, Softer in Tight Range
Dollar weakens again today but stay in very tight range as indecisive trading continues. The stronger than expected durable goods orders were are ignored by the markets. White House’s comment that stimulus deal will be there in “coming weeks” is...
US Open – Justice Barrett, Earnings (HSBC, BP, Pfizer, Merck), CNY, Oil Edges Higher, Gold A Touch Softer
European stocks weakened, while US stocks rallied, fed by investor optimism that the presidential election would deliver a ‘blue wave’ and provide massive stimulus on coronavirus relief, infrastructure spending and expanded health benefits. Earnings results in Europe have been mixed...
EURCHF Rests In Ichimoku Cloud, Fails To Improve Bullish Picture
EURCHF is failing to boost the upside direction in the very short-term as the price is standing within the Ichimoku cloud. The RSI is falling below the 50 level while the MACD is still holding above the trigger line. Moreover,...
GBPUSD Holding 1.3000
The British pound is holding the 1.3000 support level against the US dollar currency, as pair attempts to recover recent losses. Technical analysis shows that the GBPUSD pair could test towards the 1.3160 area if the 1.3050 resistance zone is...
Ant Group closes Hong Kong book early due to strong demand for its record dual IPO
GUANGZHOU, China — Ant Group will close its Hong Kong institutional book building process a day earlier than expected due to strong demand for its record initial public offering (IPO), a person familiar with the matter told CNBC. The Chinese...
Currencies Shrug Stocks Selloff, Dollar Rebound Lacks Conviction
Movements in the forex markets remain relatively limited and indecisive. There were little reaction to the steep decline in US stocks overnight, which is followed by broad based weakness in Asia. For now, Dollar, Yen and Kiwi are the firmer...
Stocks making the biggest moves midday: Hasbro, Dunkin’ Brands, AstraZeneca, Delta & more
Check out the companies making headlines midday Monday: Dunkin’ Brands — Shares of the restaurant chain spiked more than 15% after the company said it held preliminary talks regarding its potential acquisition by Inspire Brands, although the company said there’s...
AUDUSD Consolidates Under 100-MA, Tilting Picture Bearish
AUDUSD is creeping sideways in the Ichimoku cloud after the 100-period simple moving average (SMA), at the cloud’s upper surface, capped advances off the 0.7020 mark. The gradual downward sloping SMAs are upholding a bearish tone, while the positively charged...
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