The Fed took a backseat to the Reddit traders’ annihilation of short sellers. The GameStop/AMC phenomenon wrote a new chapter today after brokerages were forced to...
The US dollar is soaring in the middle of the trading week, buoyed by a triple-digit decline in the financial markets. But investors have also been monitoring the Federal Reserve and potential hints as to what to expect from monetary...
The Australian dollar has reversed directions on Wednesday and is trading in red territory. Currently, AUD/USD is trading at 0.7724, down 0.24% on the day. Business...
Currency markets becalmed ahead of FOMC Currency markets remained becalmed in Asia this morning, in a continuation of the range-trading pattern seen overnight. Currency markets are...
The euro rallied against the dollar despite a deluge of mostly negative comments and events from across the eurozone that could have derailed its rise. The EUR/USD currency pair rose buoyed by the risk-on market...
The Mexican peso is rebounding from its two-week low against the US dollar on Tuesday, breaking below the 20.00 level. The peso struggled to kick off the trading week as President Andres Manuel Lopez...
The Australian dollar has posted modest gains in the Tuesday session. Currently, AUD/USD is trading at 0.7729, up 0.21% on the day. Australia CPI projected to...
The British pound has barely made a peep so far this week. Currently, GBP/USD is trading at 1.3689, up 0.10% on the day. Employment data beats...
Equity markets drop over stimulus rumblings If financial markets needed any further confirmation that the US fiscal stimulus was the only game in town, the buy-everything...
Nasdaq Futures Surge On Wave Of Upgrades Ahead Of Crazy Earnings Week; EMini Flat Stocks fluctuated in early Monday trading, with US equity futures and global...
Improved tone lifts China-beta currencies The US dollar rallied on Friday as investors reduced risk into the week’s end. The dollar index rose 0.12% to 90.24,...
US dollar rises, equities ease Whether the end of last week was a bit slow news-wise, an inauguration comedown, or just investors reducing risk exposure in...
Although financial markets have lost their fear of the coronavirus pandemic, there are currently no strong trends in the gold and silver markets. While we agree...
When it comes to investing in cryptocurrency, many people opt for alternative coins that are not as volatile as Bitcoin and Ethereum. Therefore, stablecoins often take...
US stocks pared the earlier mounting Covid lockdown losses after the US flash manufacturing PMI reading for January surged to the highest level since the series...
Exit The Bond Vigilantes, Enter The Crypto Vigilantes Authored by Peter Earle via The American Institute for Economic Research, Alongside expansionary monetary policy, government efforts to...
The Sterling pound today fell against the dollar amid a deluge of disappointing UK macro reports that painted a discouraging picture of the country’s economy. The GBP/USD currency pair was also weighed down by the prospect...
When Joe Biden is the great hope for global change, it's hard to feel overly optimistic.
The New Zealand dollar has reversed directions on Friday and recorded considerable losses. Currently, NZD/USD is trading at 0.7176, down 0.55% on the day. New Zealand...
The dollar wilts before the stimulus trade The US dollar index retreated overnight as markets continued to rotate out of US dollars and into global recovery...
I have been curious about cryptocurrencies for a while, and yesterday I bought some for the first time. Cryptocurrency is a digital asset designed to be...
The New Zealand dollar continues to head higher this week. Currently, NZD/USD is trading at 0.7196, up 0.35% on the day and close to one percent...
The Japanese yen remained about flat against the US dollar but fell against other most-traded currencies after the Bank of Japan announced its monetary policy decision during the Asian trading session...
On the first full day of President Joe Biden‘s term in the White House, the greenback is sliding mostly on disappointing employment data
Futures, Global Markets Hit Record High Amid Unstoppable Trader Euphoria Global stocks and US equity futures rose to a fresh record high on - what else...
Overview: The S&P 500 and NASDAQ gapped higher yesterday to record-levels, and the reflation theme lifted Asia Pacific shares for the third session today. South Korea,...
For all the noise about the Biden USD1.9 trillion stimulus package that we are writing about ad nauseum, and the follow-on remake America spending the new...
Futures Trade Near Record As Nasdaq Jumps On Netflix Blowout Quarter S&P futures rose with European stocks on Wednesday, buoyed by earnings and hopes for more...
USDCAD – BOC to Make Rates Announcement The Bank of Canada is widely expected to leave its monetary policy unchanged. Outlier opinions are... Read More... The...
Asian equities edge higher on stimulus story Incoming Treasury Secretary Janet Yellen made all the right noises as far as Wall Street was concerned at her...