Stocks making the biggest moves midday: Walmart, FirstEnergy, Fastly, Twilio, SunPower & more
A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart —...
Canada ADP Jobs Report Plunges
The Canadian dollar is down slightly in the Thursday session. Currently, USD/CAD is trading at 1.2703, up 0.02% on the day. Loonie yawns as ADP nonfarm payrolls slides Canada’s ADP nonfarm payrolls report has managed just one gain over the...
Jobless claims show unexpected move higher
First-time filings for unemployment insurance jumped last week in a sign of continuing strife for the labor market. New claims totaled 861,000, the highest level in a month and above the Dow Jones estimate of 773,000, the Labor Department reported...
Dollar Dives after Jobless Claims, Sterling Powers Up
Dollar is back under some selling pressure, starting in European session, and intensifies after poor job data. Weakness in the greenback is dragging down Canadian Dollar as the second worst performing, while Yen follows as third. Sterling is once again...
AUD/JPY 4H Chart: Bulls Could Prevail
The Australian Dollar has surged by 266 pips or 3.34% against the Japanese Yen since the beginning of February. The currency pair breached the 82.00 level this week. As for the near future, the AUD/JPY exchange rate could continue to...
GBP/JPY 4H Chart: Buying Signals
The British Pound has surged by 450 pips or 3.13% against the Japanese Yen since the beginning of February. The currency pair breached the 147.50 level during this week’s trading sessions. All things being equal, the GBP/JPY exchange rate is...
Equity Win Streak Comes To An End Amid Focus On Rising Yields
Market movers today Focus in the ECB minutes today will be on any discussion regarding rate cuts and strength of the euro. February euro consumer confidence is also released today. US Philadelphia Fed survey is the second regional business survey...
Fed Cautiously Optimistic about Recovery with Fiscal Support. USD Upside Limited as Accommodative Policy Remains in Place
The FOMC minutes for the January meeting revealed that policymakers were cautiously optimistic over the economic outlook. Meanwhile, it also dampened hopes of tapering. US dollar’s rebound has been driven by more upbeat economic data and rising yields. However, the...
Aussie Mildly Higher after Job Data, Oil Extends Up Trend
Australian Dollar strengthens mildly in Asian session today, as supported by another set of solid job data. But overall, trading in the forex markets is subdued. Dollar is taking a breather as FOMC minutes provided no special inspirations. The greenback...
USD/CHF Signaling Fresh Increase, 0.9000 Holds The Key
Key Highlights USD/CHF found support near 0.8870 and started a fresh increase. There was a break above a contracting triangle with resistance near 0.8935 on the 4-hours chart. EUR/USD declined below 1.2100, gold price broke the $1,800 support. The US...