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Day: February 12, 2021

Op-ed: Recent antitrust proposals could ‘throw sand in the gears’ of economic recovery by stalling M&A

Senator Amy Klobuchar speaks at the Democratic 2020 U.S. presidential candidates debate at Saint Anselm College in Manchester, New Hampshire, U.S., February 7, 2020. Brian Snyder | Reuters There is growing hostility to mergers and acquisitions (M&A) among an increasing number of policymakers in Washington, D.C. Last year, some in Congress called for a merger …

Op-ed: Recent antitrust proposals could ‘throw sand in the gears’ of economic recovery by stalling M&ARead More

Stocks making the biggest moves midday: Disney, Newell Brands, Expedia & more

A visitor wearing a mask walks outside the Shanghai Disney Resort, that will be closed during the Chinese Lunar New Year holiday following the outbreak of a new coronavirus, in Shanghai, China January 24, 2020. Aly Song | Reuters Check out the companies making headlines in midday trading.  Walt Disney Company — Shares of the …

Stocks making the biggest moves midday: Disney, Newell Brands, Expedia & moreRead More

Forward Guidance: Flurry of Indicators to Highlight Resilience Through Second Wave

The Canadian economy (outside of the hospitality sector) continued to show resilience through the second wave of lockdowns as households and businesses adapted to tighter restrictions. The more narrowly imposed containment measures this time around, which left the industrial sector and other businesses outside the hospitality and retail sectors largely untouched, also helped. Manufacturing is …

Forward Guidance: Flurry of Indicators to Highlight Resilience Through Second WaveRead More

Fibonacci 61.8s All Over the Place; Could it Continue? AUD/NZD

With many Asian countries closed for the Chinese Lunar New Year, both the AUD/USD and NZD/USD have been quiet over the last few days.  However, one pair that has been showing movement has been AUD/NZD.  And it hasn’t just the last few days!  The pair has been obeying the 61.8% Fibonacci retracement levels since August …

Fibonacci 61.8s All Over the Place; Could it Continue? AUD/NZDRead More

USD/JPY Bullish Reversal At 61.8% Fibonacci And 144 Ema Zone

USD/JPY made a bearish retracement after completing a wave 3 or C (pink). But the price is showing a bullish reversal, which could indicate a new uptrend. The bearish pullback respected the Fibonacci levels and long-term moving averages. This indicates a wave 4 (pink) – even though the retracement was deeper than usual. A bullish …

USD/JPY Bullish Reversal At 61.8% Fibonacci And 144 Ema ZoneRead More

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