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Day: March 12, 2021

Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & more

The signage is seen at Alibaba Group headquarters during the company’s 11.11 Singles’ Day global shopping festival in Hangzhou, Zhejiang province, China, November 11, 2020. Aly Song | Reuters Here are the stocks making headlines in midday trading. Ulta Beauty — Shares of the cosmetics company fell more than 6% after reporting full-year same-store sales …

Stocks making the biggest moves midday: Ulta, Alibaba, Netflix & moreRead More

Forward Guidance: Vaccine Developments Bring Forward Recovery Hopes and Inflation Fears

After falling behind peers, vaccine delivery in Canada is anticipated to ramp up significantly over the coming months. Canada is now expecting around 8 million doses by the end of March, and as many as 36.4 million doses by the end of H1 2021. That would be enough to cover everyone above the age of …

Forward Guidance: Vaccine Developments Bring Forward Recovery Hopes and Inflation FearsRead More

Canadian Dollar Jumps on Strong Job Data, Dollar Rebounds With Yields

Dollar rebounds broadly again today as markets are unsettled by renewed strength in treasury yield. At the time of writing, US 10-year yield is back pressing 1.6 handle. DOW future is trading mildly higher, but NASDAQ futures is down -1.3%. Though, Canadian Dollar is even stronger as lifted by much stronger than expected employment data. …

Canadian Dollar Jumps on Strong Job Data, Dollar Rebounds With YieldsRead More

AUDJPY Hits Three-Year High as Uptrend Continues

AUDJPY keeps roaring higher, hovering near the three-year high of 84.95 that was reached last month. The price structure of higher peaks and higher troughs remains uninterrupted, while the pair is also trading above all its simple moving averages (SMAs), keeping the overall picture positive. That said, the short-term oscillators reflect some mixed signals. The …

AUDJPY Hits Three-Year High as Uptrend ContinuesRead More

Stocks making the biggest moves premarket: Ulta, Poshmark, Novavax and others

Check out the companies making headlines before the bell: Ulta Beauty (ULTA) – Ulta Beauty announced that CEO Mary Dillon will step down in June to be replaced by company President David Kimbell. Dillon will move to the role of executive chairman. Separately, the cosmetics retailer beat estimates on the top and bottom lines for …

Stocks making the biggest moves premarket: Ulta, Poshmark, Novavax and othersRead More

GBP/USD Outlook: Cable Dips After Repeated Rejection At Psychological 1.40 Barrier

Cable fell one full figure in European trading on Friday, following repeated rejection at psychological 1.40 barrier, deflated by stronger dollar on rise of US yields, with UK economy’s contraction in January (although less then expected) contributed to pound’s fresh weakness. Dip was so far contained by converged 5/10DMA’s (1.3912) but key support at 1.3780 …

GBP/USD Outlook: Cable Dips After Repeated Rejection At Psychological 1.40 BarrierRead More

GBPUSD Tumbles Around 1.39 And Below 100-Period SMA

GBPUSD has come under renewed selling interest today around 1.3900, diving below the 100-period simple moving average (SMA) in the 4-hour chart. The price is hovering in the Ichimoku cloud and the technical indicators are suggesting a downside movement. The RSI is tumbling around the neutral-threshold of 50, after the pullback off the overbought territory, …

GBPUSD Tumbles Around 1.39 And Below 100-Period SMARead More

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