Stocks making the biggest moves premarket: Macy’s, Uber, TripAdvisor, Disney & more
Check out the companies making headlines before the bell: SeaWorld Entertainment – The theme park operator reported a quarterly loss of 72 cents per share, 2 cents wider than expected, while revenue fell below estimates. SeaWorld closed its parks in...
Markets Shrug Record Labor Down Turn, Dollar Soft With Yen on Risk Sentiments
Economic data from the US shows the sharpest labor downturn in history due to coronavirus pandemic. Yet, the financial markets have little reactions to the terrible data. US futures are pointing to higher open while European indices are in black....
Finance CEOs urge governments to step up ESG efforts
Thirty private-sector CEOs, including the heads of Bank of America, Citi, Santander, Standard Chartered, UBS and Allianz, have urged the European Commission and global governments to step up the financial sector’s role in financing the Sustainable Development Goals (SDGs) and...
NZDUSD Exhibits Tendency For Further Advances
NZDUSD is extending price action above the 100- and 50-period simple moving averages (SMAs) after recently finding some traction at the 200-period SMA. Moreover, the slight incline in the SMAs backs the recent improvement in the pair. Turning to the...
XAU/USD Jumped To 1,720.00
On Thursday, the XAU/USD exchange rate skyrocketed to the 1,720.00 level. During today’s morning, the rate was trading near the given mark. On the one hand, it is likely that some upside potential could continue to prevail in the market,...
USD/JPY Pressured By 100- And 200-Hour SMAS
Yesterday, the USD/JPY currency pair failed to surpass the 100-hour SMA near 106.50. During today’s morning, the pair was trading at 106.40. Note that the exchange rate remains under pressure of the 200-hour SMA near 106.60. Thus, some downside potential...
GBP/USD Squeezed By 55- And 200 Hour SMAS
Yesterday, the GBP/USD exchange rate tested the support level formed by the monthly S1 at 1.2292. During Friday morning, the rate was testing the 100-hour SMA near 1.2400. On the one hand, the given moving average could push the currency...
EUR/USD Remains Above 1.0750
On Thursday, the EUR/USD currency pair raised to the resistance level formed by the 100-hour SMA and the weekly S1 at 1.0856. During today’s morning, the pair was testing the given resistance. Note that the exchange rate is supported by...
USD Weakens Ahead Of NFP Release
The USD weakened against a number of its counterparts, ahead of the release of the US employment report for April during the American session today. The release is expected to show the grim picture of the US employment market, with...
GBPUSD Creates Ascending Triangle In Near-Term, Slightly Bullish
GBPUSD is in the process to creating an ascending triangle pattern with strong resistance the 1.2640 barrier and a rising trend line, which starts from the low on April 7. The pair rebounded on 1.2265 in the preceding sessions and...
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