Content
USD/CHF Extends Gains To Near 0.9100 Ahead Of US PPI
Article By:
Akhtar Faruqui
Read
Tuesday, May 14, 2024 5:08 AM EDT
USD/CHF appreciates as the Fed is expected to maintain higher interest rates for longer. Fed Vice Chair Philip Jefferson has advocated for keeping rates higher until signs of inflation easing become clear.
U.K. Market Commentary - Tuesday, May 14
Article By:
James Harte
Read
Tuesday, May 14, 2024 5:00 AM EDT
The rally in GBPUSD has been capped for now into a test of the bear trend line and the 1.2612 level resistance.
Market Briefing For Tuesday, May 14
Article By:
Gene Inger
Read
Tuesday, May 14, 2024 3:35 AM EDT
A tight trading range dominated Monday's S&P action, while participation remains high, breadth is pretty good, and a flush-out coming is debatable.
Rates Spark: Key Data Tests To Bullish Sentiment Coming Up
Article By:
ING Economics
Read
Monday, May 13, 2024 5:53 PM EDT
The U.S. PPI is the first key test for the bullish sentiment that had built-in rates following the dovish Fed and weaker U.S. jobs report.
FTSE A Muted Monday Ahead Of Pivotal Jobs Data Tuesday
Article By:
Patrick Munnelly
Read
Monday, May 13, 2024 11:49 AM EDT
On Monday, the FTSE 100 in London showed little change as increases in travel and leisure sectors were balanced out by declines in defence stocks.
In this article: EWU
Improvement In Turkey’s Deficit Loses Momentum
Article By:
ING Economics
Read
Monday, May 13, 2024 11:00 AM EDT
The improvement in the current account deficit in March was attributable to the continuing recovery in the foreign trade deficit.
In this article: TUR
British Pound Rebounds Strongly Against US Dollar
Article By:
ForexCycle
Read
Monday, May 13, 2024 8:36 AM EDT
After testing the key 1.2448 support level, the GBPUSD currency pair staged an impressive rebound, to the 1.2553 area in recent trading sessions. This bounce higher is likely the resumption of the broader uptrend that originated from the 1.2299 low.
Dax Forecast: Continues To Climb
Article By:
Christopher Lewis
Read
Monday, May 13, 2024 7:44 AM EDT
The DAX has been rather bullish for some time now and it took off again during the trading session on Friday.
It looks like the 18,800 euro level is giving a little bit of resistance, but this is a market that you have no business being short of.
In this article: DAX
EU Set To Issue New Antitrust Charges Against Microsoft Over Teams App
Article By:
Invezz
Read
Monday, May 13, 2024 7:23 AM EDT
The European Union is poised to bring fresh antitrust charges against Microsoft Corporation, with concerns centered around the tech giant’s videoconferencing app, Teams, according to a report from the Financial Times on Monday.
In this article: MSFT
Investors Don’t Like Their Corn… [Dirty Dozen]
Article By:
Macro-Ops
Read
Monday, May 13, 2024 7:04 AM EDT
In this week’s Dirty Dozen [CHART PACK] we talk about key levels in Qs and crypto, discuss the start of some negative divergences in internals, look at a breakout in corn, and pitch a potash producer as a way to play a bottom in softs, plus more…
European Stock: Zalando SE
Article By:
Andrew Stotz
Read
Monday, May 13, 2024 6:45 AM EDT
Zalando SE is a Germany-based online shoe and fashion retailer. The Company offers a portfolio of women's, men's, and children's clothing.
GBP/USD Forecast: British Pound Bounces On Friday
Article By:
Christopher Lewis
Read
Monday, May 13, 2024 5:14 AM EDT
The British pound initially pulled back during the trading session on Friday to test the crucial 1.25 level.
Markets Out Of Whack
Article By:
Chris MacIntosh
Read
Sunday, May 12, 2024 7:21 PM EDT
On one hand investors get enamored with a narrative or a story (in this case, Nvidia as the poster boy of the AI boom) while on the other hand the majority shuns entire sectors, asset classes, or geographies.
GBP/USD Weekly Forecast: Speculative Perspective Important This Coming Week
Article By:
Robert Petrucci
Read
Sunday, May 12, 2024 5:30 PM EDT
Another week of rather volatile conditions persisted for GBP/USD currency pair speculators last week, as the Bank of England and growth data from the UK created impetus.
Weekly Forex Forecast - Sunday, May 12
Article By:
Adam Lemon
Read
Sunday, May 12, 2024 4:00 PM EDT
The past week saw lower volatility in the Forex market. Last week’s key takeaway was the souring of risk-on sentiment due to expectations in the US of higher inflationary pressure, as well as Consumer Sentiment data which came in at a six-month low.