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The major US stock indices are closing lower on the day and for the trading week. The declines for the weeks snap a 5-week winning streak. The declines on the day come after two days of higher closes. The NASDAQ and the Russell 2000 were the biggest losers as rates...
AI imageHere's the latest from the New York Times:Israel carried out covert attacks on two major gas pipelines inside Iran this week, disrupting the flow of heat and cooking gas to provinces with millions of people, according to two Western officials and a military...
AI imageLikely Republican Presidential candidate Donald Trump will have to write another big check after he lost a civil fraud case in New York. A judge fined him $364 million and barred him from running any business in the state for three years.During the three-month...
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 price of WTI crude oil for April delivery is settling at $78.46. That is up $0.87 on the day. The stories remain the same. On the supply side there is a continued tension in the Middle East. Israel is not backing down on the war. Hamas is being squeezed by...
The euro hit a 20-year low in 2022 and the recovery since has been modest at best. If you look at equity market performance, it's even more stark with the S&P 500 doubling the performance of the STOXX 600 from the financial crisis lows.Here's the problem, as...
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,...
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,...
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,...
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,...
Former Treasury Secretary Summers is on the wires saying:There is a meaningful chance - maybe 15% - that the next move is going to be upwards in rate, not downwards.This week, the markets have been scared by the CPI and PPI data. PCE data expectations are ticking...
The AUDUSD has had a down and up trading week. The move lower earlier in the week was off of the stronger than expected CPI. After finding support against a swing area target, the price bounced and was pushed higher after the retail sales on Thursday. Friday has been...
SMCI dailyThe shares of Super Micro Computer have been a GME-style phenomenon in the last month, tripling as shares rose nearly every day. They touched $1080 in the pre-market but it's been a rush to exits.There is major options trading in this pair, including massive...
Most Read: Gold (XAU/USD) Picking Up a Small Bid as Oversold Conditions Begin to ClearUSD/JPY rallied and consolidated above the 150.00 threshold on Friday, rebounding from the slight dip in the previous trading session. This uptick was fueled by rising U.S. Treasury...
Manchin isn't going to run for Presidentyesterday, there were rumours that Senator Joe Manchin was recruiting Mitt Romney to be his running mate. Today Tyler Pager of the Washington Post reports that he is about to announce that he's not running for President.He was...
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,...
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,...
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,...
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,...