Week Ahead: The Wild, Wild, West
As crazy as the last week has been for Brexit talks, the situation in the US regarding fiscal stimulus may be even more loony. October 15th is right around the corner for the “deadline” in Brexit talks, but it appears...
Stocks making the biggest moves midday: Zoom, GE, Etsy, Carnival Cruise & more
Check out the companies making headlines in midday trading. Zoom Video — Shares of the video conferencing company gained more than 3% after Mizuho initiated coverage on the stock with a buy rating and $550 target. “We believe Zoom can continue...
Central banks are weighing their own digital currencies – this is what they could look like
A visual representation of bitcoin with U.S. dollars. studioEAST | Getty Images LONDON — After Facebook shocked policymakers with its plan to launch a digital currency last year, central banks have been forging ahead with discussions on how they could...
Brexit Endgame: Who Will Blink First as Talks Enter Final Phase?
It’s Brexit season again and amidst the blitz of coronavirus and US election headlines, Brexit is the other topic that’s prominent in news feeds at the moment as new deadlines approach. But deadlines have come and gone before, and each...
NZD/JPY Eyeing 71.0 Area – Elliott Wave Analysis
NZDJPY is moving to the upside as expected since yesterday, after we noticed a completed correction in B)/2). We see a firm recovery, that also broke above the upper trendline, which is a signal for more upside towards the 71.0...
GBP/USD Flat Despite Soft GDP, Manufacturing Data
GBP/USD continues to have a quiet week, as the pair is drifting in the Friday session. In the European session, the pair trading at 1.2940, up 0.02% on the day. British GDP falls short of estimate The UK released its...
Canadian Powers Up on Job Data, Dollar Tumbles on Risk-on Markets
Canadian Dollar strengthens against most major currencies in early US session as boosted by stronger than expected job data. That comes in the back ground of this week’s strong rally in oil price too. On the other hand, Dollar is...
NZDUSD Displays Directionless Market; Advances Curbed by 100-MA
NZDUSD appears to be stuck in a horizontal market, backed by the Ichimoku cloud, and is currently capped by the downward sloping 100-period simple moving average (SMA) at 0.6620. The pair is struggling to overtake this level that also happens...
CADJPY Advances To Fresh Highs Within Overbought Area
CADJPY had its best week since early August, appreciating by 1.5% to an almost one-month high of 80.44. In the four-hour chart, the pair rallied beyond its 200-period simple moving average (SMA), while the 20-period SMA has further reduced its...
Stocks making the biggest moves in the premarket: Xilinx, NXP Semiconductors, Apple, Disney & more
Take a look at some of the biggest movers in the premarket: Xilinx (XLNX) – Advanced Micro Devices (AMD) is in advanced talks to buy the specialty chipmaker, according to The Wall Street Journal. People familiar with the matter say such...
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