Last Thursday’s dramatic drop in EUR/USD below the critical 1.17 level has opened the way for further steep losses in the pair although some consolidation either side of 1.17 is likely first.
Schlagwort-Archiv: Market
Weekly Fundamental US Dollar Forecast: More Tapering Hints at Jackson Hole
The US Dollar (via the DXY Index) has moved up to fresh yearly highs as traders have begun to anticipate the Fed’s stimulus withdrawal.
Unusual Options Activity: Snowflake (SNOW), General Motors (GM), and Apellis Pharmaceuticals (APLS)
Today we saw unusual or noteworthy options trading volume and activity in Snowflake, General Motors, and Apellis Pharmaceuticals
Coinbase Opens Crypto Exchange In Japan
After reporting $1.6 billion in net profit in the June quarter, the major U.S. cryptocurrency exchange Coinbase Global looks more confident in its future growth strategies, including global expansion.
M&A Offers New Challenges and Opportunities in 2021’s Second Half
Over the last 18 months, global M&A has taken one roller coaster of a ride – dropping during the early days of the pandemic, only to soar to new highs as vaccines rolled out and restrictions eased.
What Amazon’s Dethroning of Walmart Tells Us About Retail’s Future
This week, a report from The New York Times rocked the retail industry: The story said that Amazon (AMZN), the undisputed leader in U.S. e-commerce shopping, had finally eclipsed Walmart (WMT), the decades-long Goliath of retail shopping, in terms of total sales.
Australian Dollar Outlook: AUD/USD Downside Risks as the US Dollar Soars
The Australian Dollar will be under pressure to shrug off a strengthening USD as commodities risks increase, Delta spreads and the Fed moves into view.
Bitcoin, Ethereum Pushing Towards Fresh Multi-Week Highs, Alt-Coin Rally Resumes
The cryptocurrency market is looking in good shape ahead of the weekend with prices breaking out of their recent consolidation phase and pressing higher.
GBP/USD Rate Outlook Hinges on Fed Economic Symposium
The Fed Economic Symposium in Jackson Hole, Wyoming may influence the near-term outlook for GBP/USD if the central bank provides details of a potential exit strategy.
First Trust Water (FIW) ETF a Fit for Thirsty Investors
In the pantheon of sectors that can be deemed “glamorous” or even modestly exciting, industrials and utilities usually aren’t on that list.