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Day: February 18, 2021

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 — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart …

Stocks making the biggest moves midday: Walmart, FirstEnergy, Fastly, Twilio, SunPower & moreRead More

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 for February after the Empire release on Tuesday, which surprised to the upside. It is …

Equity Win Streak Comes To An End Amid Focus On Rising YieldsRead More

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 Fed’s pledge to maintain an ultra accommodative policy should keep upside limited. The members acknowledged …

Fed Cautiously Optimistic about Recovery with Fiscal Support. USD Upside Limited as Accommodative Policy Remains in PlaceRead More

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 is, nonetheless, staying as the strongest one for the week, together with Sterling. Yen, Swiss …

Aussie Mildly Higher after Job Data, Oil Extends Up TrendRead More

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 Retail Sales increased 5.3% in Jan 2021 (MoM), up from the last -1%. USD/CHF Technical …

USD/CHF Signaling Fresh Increase, 0.9000 Holds The KeyRead More

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