What Can We Glean from Uber-Wealthy Bitcoin Backers?
As many analysts and pundits across financial news have noted, this current bull run in Bitcoin and Ethereum is similar to the rally in Spring...
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October 15th 2021: Dollar Index Testing Support; EUR/USD Fades Resistance
Daily and H4 timeframes trading from resistance at $1.1614 and $1.1622, respectively, places a question mark on H1 support at $1.1584 on the EUR/USD.
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Crude Oil Price Update – Trade Through $81.71 Could Trigger Acceleration into Near-Term Target at $85.25
The direction of December WTI crude oil market early Friday is likely to be determined by trader reaction to $80.91.
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Virgin Galactic’s Long Game Intact Despite Short-Term Blip
Richard Branson’s company revealed that it will postpone its commercial space travel service until Q4 2022.
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Long-term Studies Put Current Gold Prices into Perspective
For the first time in six weeks, gold has flirted with $1800 per ounce.
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U.S Consumer Sentiment and Retail Sales Put the Dollar Back in the Spotlight
It’s a relatively busy day on the economic calendar, with stats from the Eurozone and Canada in focus. U.S retail sales and consumer sentiment will...
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European Equities: Economic Data and Corporate Earnings in Focus
Eurozone trade data and U.S retail sales figures are the key stats of the day. Corporate earnings will also influence, however, amidst the market optimism.
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NZD/USD Outperforms as RBNZ Rate Bets Tighten, Business PMI Improves
NZD/USD Outperforms as RBNZ Rate Bets Tighten, Business PMI Improves https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/10/14/NZDUSD-Outperforms-as-RBNZ-Rate-Bets-Tighten-Business-PMI-Improves.html The New Zealand Dollar is receiving strong inflows against the US Dollar as traders...
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Mexican Peso Outlook: USD/MXN Bullish Impetus Wanes as Yields Retreat. New Trend?
Mexican Peso Outlook: USD/MXN Bullish Impetus Wanes as Yields Retreat. New Trend? https://www.dailyfx.com/forex/fundamental/article/fundamentals_vs_technicals/2021/10/14/Mexican-Peso-Outlook-USDMXN-Bullish-Impetus-Wanes-as-Yields-Retreat-New-Trend.html The pullback in U.S. Treasury yields has neutralized USD/MXN’s bullish momentum, but...
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Silver Price Prediction – Prices Break Out and Poised to Test September Highs
Gold prices also climb
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Wall St Ends Up Sharply as Earnings, Economic Data Lift Optimism
NEW YORK (Reuters) – U.S. stocks surged on Thursday as companies including Morgan Stanley and UnitedHealth gained following strong results, while data on the labor...
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Dollar Dips in Choppy Trading as Risk Appetite Improves
NEW YORK (Reuters) -The dollar was slightly lower on Thursday in choppy trading, having erased most of its early session losses, as investors bet the...
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U.S. Urges Russia to Do More for European Energy Security
WASHINGTON (Reuters) – U.S. Deputy Secretary of State Wendy Sherman, in a meeting with Russian Deputy Prime Minister Aleksey Overchuk on Thursday, called on Russia...
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Argentina Inflation Spikes Sharply Despite Battle to Curb Prices
BUENOS AIRES (Reuters) – Argentina’s inflation rate spiked back up to a higher-than-expected 3.5% in September after months of declines, heaping pressure on the Peronist...
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Fed, Nearing Bond-Buying ‘taper,’ Remains Divided on Inflation
(Reuters) – Despite a broadly shared view that the U.S. labor market has healed enough to allow the Federal Reserve to start reducing its monthly...
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Oil Prices Rise, as Saudis Dismiss Supply Concerns as Demand Grows
NEW YORK (Reuters) -Oil prices rose 1% on Thursday after top oil producer Saudi Arabia dismissed calls for additional OPEC+ supply and the International Energy...
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Alitalia Dies After 75 Turbulent Years, Hands Over to ITA
MILAN (Reuters) – Alitalia, a one-time symbol of Italian style and glamour brought low by economic mismanagement, will operate its last flight on Thursday after...
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U.S. Banks Beat Profit Estimates on Economic Rebound, Deals Bonanza
WASHINGTON (Reuters) – The four largest U.S. consumer banks posted another strong quarter this week as the rebounding economy allowed them to release more cash...
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Dollar dips in choppy trading as risk appetite improves
LONDON (Reuters) – The dollar edged down against major peers on Thursday, reaching its lowest level in nine days in a pullback from its recent...