High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Dell near deal to sell $5 billion in AI servers to Musk xAI
Bloomberg is reporting that:Dell is near deal to sell $5B of AI servers to Musks xAI. The servers are to include Nvidia Blackwell chipsShares of Dell spike higher to $116.88 up over 5% on the day. The 38.2% retracement of the move down from the December high comes in...
USDCHF enters critical zone as selling pressure mounts
USDCHF technicalsThe USDCHF is experiencing a sharp decline for the second consecutive day. Despite Swiss CPI inflation coming in lower than expected at -0.1% MoM and 0.4% YoY, while US CPI and PPI showed stronger inflation, the pair has moved lower instead of...
Bybit Becomes First to List Avalon Token (AVL) with Up to 50% APR Rewards
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with Avalon Labs to mark the exclusive launch of Avalon Token (AVL) on Bybit Spot. This collaboration introduces an initiative designed to enhance engagement within the Avalon...
Ukraine’s Zelenskiy: Its the first meeting, not the last
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
European indices close mixed on the day. German DAX comes off its record close yesterday.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOC senior loan officer survey for Q4: -1.89% versus +1.71% prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The Atlanta Fed GDPNow growth estimate for Q1 lower to 2.3% from 2.9% last
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Meta planning on major advancement in AI powered humanoid robots
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Ukraine’s Zelenskiy: I will meet with Putin when he has a plan with the US
Although headlines on progress toward peace between Ukraine and Russia are likely to be exhaustive at times, the actual conclusion will probably still be a ways away. Ukraine's president Zelensiy said today:I will meet with Putin when he has a plan with the USHe also...
USDCAD broke lower this week. This time to the downside.
USDCAD technicalsThe USDCAD broke lower this week after two failed upside breakouts in the previous weeks, which briefly pushed the pair beyond the "Red Box" range between 1.4260 and 1.4466 on tariff-related news. Unlike those sharp but unsustained rallies, this...
USD is continuing its to the downside. NZDUSD and AUDUSD the biggest movers.
The US dollar is continuing its run to the downside. Th slide in yields continue to support the dollar selling. The 10 year yield is now down -5.1 basis points at 4.474%. The USD is the weakest vs the NZD with the greenback falling -0.86%. The dollar is moving down...
US business inventories for December -0.2% versus 0.0% estimate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
mixed tech performance as Tesla surges and Oracle struggles
Stock heatmap by FinViz.com Fri, 14 Feb 2025 14:46:13 GMTSector OverviewThe US stock market is showcasing a vivid array of performances today, as illustrated by the latest heatmap. The technology sector finds itself grappling with mixed results. While Nvidia (NVDA)...
Geopolitical comments: China’s Yi says that tariffs produce no winners
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US industrial production for January 0.5% versus 0.3% estimate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The USD is moving lower after the US retail sales miss.
Retail sales missed expectations across the board, signaling a weak start to the year. Headline retail sales fell -0.9% (vs. -0.1% expected), while the control group declined -0.8% (vs. +0.3% expected). Although there were minor upward revisions to the prior month,...
Canadian consumer spending struggled in January – RBC
I'm finding the Canadian consumer spending tracker from RBC to be a valuable look at the health of Canadian shoppers. We won't get the retail sales report until next Friday but today I noted some poor same-store sales numbers from Canadian Tire.Now, the latest report...
US import prices for January 0.3% versus 0.4% est . Export prices +1.3% versus 0.3% est.
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US retail sales for January. -0.9% versus -0.1% est. Control group -0.8% versus 0.3% est.
Prior month retail sales +0.4%Retail Sales -0.9% vs -0.1% estimate. Last month revised to +0.7% from 0.4%Ex Autos MoM -0.4% vs 0.3% estimate. The prior month was 0.4% revised to 0.7%Ex gas/auto -0.5% vs 0.5% last month (revised from +0.3%).Control group -0.8% vs 0.3%...