Russian Foreign Minister Lavrov Will Speak By Phone With U.S. Blinken On Feb. 1 – Tass~ We will be looking for Russia’s response to the US/NATO proposals, and then the next steps in the Rusia/Ukraine situationReuters are reporting that the United States and its allies have prepared a list of Russian
Schlagwort-Archiv: FX
Does the S&P 500 Hitting SMA Mean a Bear Market Is Coming?
A few days ago, the Nasdaq dropped into correction territory. That is
when the market falls more than 10% from the most recent high. Because the
Nasdaq is heavily weighted in tech stocks, many analysts explained this move as
a ‚rebalancing‘ away from higher valuation stock
when the market falls more than 10% from the most recent high. Because the
Nasdaq is heavily weighted in tech stocks, many analysts explained this move as
a ‚rebalancing‘ away from higher valuation stock
ForexLive Americas FX news wrap: Dollar stays strong, US equities finish with a fourish
US December core PCE 4.9% vs 4.8% expected
Dallas Fed trimmed mean PCE price index 3.9% annualized versus 4.4% last month
Initial Atlanta Fed GDP tracker for Q1 points to nil growth
NZDUSD down for the 7th consecutive day
Fed’s Kashkari: Long end of the yield curve is signaling
Dallas Fed trimmed mean PCE price index 3.9% annualized versus 4.4% last month
Initial Atlanta Fed GDP tracker for Q1 points to nil growth
NZDUSD down for the 7th consecutive day
Fed’s Kashkari: Long end of the yield curve is signaling
And just like that, the 3 major indices close higher on the week
The 3 major indices (Dow, S&P and Nasdaq) rode a wave of buying higher on the day, closed at the highs and just like that, erased the declines for the week.
The Dow, S&P and Nasdaq each had best day of the new year
Dow and S&P posted their first weekly gain in four weeks
NASDAQ posts i
US stocks climb to the highs of the day
The volatility in equities continues. There was an air pocket in US stocks an hour ago but they’ve quickly rebounded and now the S&P 500 is at the highs of the day, up 64 points to 4390.
Dip buyers can’t get the EURUSD much off the lows. Sellers remain in control into the close.
EURUSD keeps the seller in firm control
The EURUSD is looking to go into the weekend with the bearish bias intact.
Looking at the four hour chart above, the pair fell below the low from 2021 (from November) during yesterday’s trade at 1.11853. The corrective move off of the low today a
Key Earnings releases for the week of January 31 to February 4
The calendar week starting January 31 has a number of key earnings releases which could impact the market. Some of the leading names include Alphabet, AMD, Starbucks, Exxon Mobil, PayPal, Amazon, Ford, GM.Below is a list of the earnings and scheduled day:Monday Jan 31AlibabaTuesday Feb 1AlphabetElec
US futures nudge lower on the day
S&P 500 futures -0.2%
Nasdaq futures +0.3%
Dow futures -0.3%
Nasdaq futures +0.3%
Dow futures -0.3%
Despite the earlier optimism, it belies the more tentative and guarded mood in the market overall. Equities have been all over the place in US trading this week and today may be no different. In trading yesterday, stocks clo
NZD/USD continues to be pressured lower, seventh consecutive daily decline beckons
The drop below 0.6700 last week was the crucial element in driving the declines for NZD/USD as of late but the stronger dollar and more hawkish Fed certainly exacerbated that sentiment.As a result, the pair is now finding itself on the verge of seven straight days of declines – down another 0.4%
British Pound: In Bear Trap
The British pound might
continue falling: this possibility is supported by several fundamental and
technical factors. Aggressive policy of the US Fed and the expected growth of
the dollar will make the pound retreat faster than it is doing now.
Speeding-up
inflation
continue falling: this possibility is supported by several fundamental and
technical factors. Aggressive policy of the US Fed and the expected growth of
the dollar will make the pound retreat faster than it is doing now.
Speeding-up
inflation