These are the stocks posting the largest moves in midday trading.
Goldman Sachs loses another executive after JPMorgan Chase poaches CFO of its Marcus business
Sherry Ann Mohan is joining JPMorgan as chief financial officer for business banking in August, according to an internal memo.
US Dollar Forecast: Greenback Takes Aim at FOMC After Weak Retail Sales
The US Dollar finished off an eventful week after CPI and retail sales injected volatility into markets. FOMC is now in the Greenback’s sights as taper talks linger.
Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) – Sharp Bounceback After Another Elon Musk Tweet
Tesla boss Elon Musk is seemingly running the cryptocurrency market single-handed this week with his tweets prompting a massive sell-off before today’s sharp rally.
GBP/USD Weekly Forecast: GBP/USD Eyes Yearly Peak, EUR/GBP Holds Range
GBP/USD on the front foot to close the week. Bulls aim for YTD peak, while EUR/GBP range is maintained.
The major US indices close higher for the 2nd consecutive day
Stocks close near session highs
The major US stock indices are close higher for the second consecutive day.
Some other highlights for the day/week
– Week ends with 2 strong days higher after three down days to start the week
the final numbers are showing:
The major US stock indices are close higher for the second consecutive day.
Some other highlights for the day/week
– Week ends with 2 strong days higher after three down days to start the week
the final numbers are showing:
CFTC commitments of traders: USD shorts increase led by CAD longs
Weekly forex futures positioning data from the CFTC for the week ending May 11, 2021.
– EUR long 94K vs 85K long last week. Longs increased by 9K
– GBP long 28K vs 20K long last week. Longs increased by 8K
– EUR long 94K vs 85K long last week. Longs increased by 9K
– GBP long 28K vs 20K long last week. Longs increased by 8K
AUDUSD moves above 100/200 hour MA as risk on continues
100/200 hour MA at 0.7776 area
The AUDUSD after testing the 100/200 hour area for 5 consecutive hourly bars has made a break for it with a break above the MA levels currently near converged at 0.7775 to 0.7777. The price is currently trading at 0.7785.
The AUDUSD after testing the 100/200 hour area for 5 consecutive hourly bars has made a break for it with a break above the MA levels currently near converged at 0.7775 to 0.7777. The price is currently trading at 0.7785.
The Nasdaq moves above the 50 hour. Now the 100 day MA is being approached
100 day MA is at 13438.47 currently
The NASDAQ index continues its move to the upside and is currently trading up over 300 points or 2.3% at 13428.03 (that is the high). The last move to the upside took the price back above its 50 hour moving average currently at 13407. The next target comes in at the 100 day
The NASDAQ index continues its move to the upside and is currently trading up over 300 points or 2.3% at 13428.03 (that is the high). The last move to the upside took the price back above its 50 hour moving average currently at 13407. The next target comes in at the 100 day
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