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Day: August 10, 2021

Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and more

Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 21% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a share consensus estimate, 3D said it had made it out of the company’s most challenging …

Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and moreRead More

EUR/USD Testing YTD Lows after Woeful German Data, Bears Gunning for 1.16 Next?

Traders are pricing in the potential for an earlier-than-previously-anticipated announcement that the Federal Reserve may start tapering its asset purchases after a run of strong data out of the US It’s been a rough week or two for the world’s most widely-traded currency pair. Including today’s (unfinished) price action, EUR/USD is working on its eighth …

EUR/USD Testing YTD Lows after Woeful German Data, Bears Gunning for 1.16 Next?Read More

Euro Falls after Sharp Fall in Economic Sentiment, Accelerating Lower

Euro falls broadly today after data showed surprised sharp fall in Germany and Eurozone economic sentiment. But at this point, Swiss Franc is even worse, while Yen is not far behind. On the other hand, Sterling and commodity currencies are trading generally higher, which much help from crosses. Dollar is also firm but await more …

Euro Falls after Sharp Fall in Economic Sentiment, Accelerating LowerRead More

Pace Of US CPI Inflation To Test Dollar Bulls

While the Fed has distinctly stated that a potential shift in monetary tightening is strictly conditional on whether the US labor market will make significant progress, US CPI inflation figures could still be worth watching on Wednesday at 12:30 GMT. Forecasts are for a minor slowdown in July’s figures, which makes any deviations possible. An …

Pace Of US CPI Inflation To Test Dollar BullsRead More

Dollar Extended Rally Tapering Talks, Staying Firm

Dollar’s rally continued last week as supported by hawkish comments from Fed officials. Expectations for tapering this fall continued to build up. Swiss Franc is trading broadly lower, as the pull back against Euro accelerated. Meanwhile, Australian is also trading lower on poor business confidence data. Focus will turn to Germany economic sentiment first, with …

Dollar Extended Rally Tapering Talks, Staying Fi