Category: Trading
British Pound: Range trade with upside risk against US ...
Scotiabank’s Global FX Strategy team notes that Sterling remains modestly firmer, with GBP/USD continuing to pivot around long-ter...
The treasury’s currency gamble
The financial news that got my attention today is the fact that Japan and the U.S. coordinated an intervention in foreign exchange...
New Zealand Dollar climbs ahead of NZ employment data
NZD/USD trades on the front foot near 0.5886 on Wednesday, advancing around 0.3% and building on the rebound that lifted the pair ...
Advanced Micro Devices sinks afterhours as earnings off...
Advanced Micro Devices (AMD) stock sank over 8% afterhours on Tuesday despite the chipmaker reporting a slight beat on earnings.
USD/CHF Price Forecast: Trendline break puts 50-day SMA...
The USD/CHF retraced on Tuesday, down 0.16%, as the US Dollar weakened amid improved risk appetite, driven by renewed hopes of a U...
SpaceX delivers stronger than expected results, but the...
SpaceX’s results are out, and the headlines are compelling: a 92% increase in revenue in Q2 compared to a year earlier. Revenues w...
Chinese Yuan: Strengthening toward 6.7300 against US Do...
United Overseas Bank’s (UOB) Quek Ser Leang sees USD/CNH trading slightly higher within a developing range, with intraday levels e...
SpaceX beats in first earnings release, doubles Starlin...
SpaceX (SPCX) reported a beat in its first earnings release as a public company on Tuesday. The rocket, communications and AI comp...
