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Day: July 8, 2021

Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more

A sign in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell Thursday:  Levi Strauss — Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in its fiscal second-quarter results. …

Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and moreRead More

The One Variable that Explains this Week’s Big Market Moves…and What It Means for CAD/JPY

Over the last several months, many markets have become one-way trades, attracting trend-following speculators and leading to excessive positioning in several of the planet’s most-traded assets. For a generally quiet post-holiday, pre-earnings week, we’ve certainly seen some big market moves so far: The Global Dow, an equally-weighted basket of the top 150 companies in the …

The One Variable that Explains this Week’s Big Market Moves…and What It Means for CAD/JPYRead More

EURUSD Remains Heavy as Rebound Curbed by 50-MA

EURUSD has been logging green candles after finding its footing around a three-month low of 1.1780 and is pushing up against the 50-period simple moving average (SMA) at 1.1856, which has dismissed previous bounces ever since it adopted a downwards trajectory around June 11. Currently, the bearish SMAs are attempting to subdue growing buying interest. …

EURUSD Remains Heavy as Rebound Curbed by 50-MARead More

Swiss Franc and Yen Soar on Deep Risk Averse Sentiment

Risk aversion generally dominates the global markets today. Following selloff in Asia, major European indexes open lower and are trading down around -2%. DOW future is also losing around -500pts. Swiss Franc and Yen are overwhelmingly the strongest ones for the day, as followed by Euro and Dollar. Commodity currencies are the worst performing, Focus …

Swiss Franc and Yen Soar on Deep Risk Averse SentimentRead More

Special ECB Announcement Could Rock The Euro Today

ECB set to announce higher inflation target, Lagarde presser to follow Dollar little changed after Fed minutes, yen shines as yields crumble Stocks retreat amid Chinese regulatory crackdown, oil tanks Euro braces for special ECB announcement The European Central Bank will announce the outcome of its strategic policy review at 11:00 GMT today, with a …

Special ECB Announcement Could Rock The Euro TodayRead More