Q4 2023 Nvidia (NVDA) earningsEPS a solid beat at $5.16 v $4.54eRevenue the same, beat $22.1B v $20.3Be Guides Q1 Rev $24.0B (plus or minus 2%) v $21.5Be More:Data Centre revenue 18.4bn (exp. 17.21bn)Gaming revenue +58% y/y to 2.9bn (exp. 2.72bn) Professional...
Forexlive Americas FX news wrap: Record tail in the 20-year auction
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,...
Economic calendar in Asia Thursday, 22 February 2024
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,...
Trade ideas thread – Thursday, 22 February, insightful charts, technical analysis, ideas
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 Dollar Trims Losses After Fed Minutes Caution Against Premature Rate Cuts
Will the U.S. dollar extend higher or begin to retreat? Request our Q1 USD trading forecast to find out! Recommended by Diego Colman Get Your Free USD Forecast Get My Guide Most Read: US Dollar Muted Ahead of Fed Minutes; Setups on EUR/USD, USD/JPY & USD/CADThe...
Nvidia shares fall 10% from the highs ahead of earnings
GPU-maker and generative artificial intelligence superstar Nvidia reports earnings after the close and -- needless to say -- there is plenty of speculation about what will happen to the stock.Through last week, shares of NVDA represented 30% of the total gain of the...
US dollar slips and then recovers after FOMC Minutes, stocks turn lower
I don't know if there's a macro-data trade that has a hit-rate as strong as fading the FOMC Minutes. They're stale by the time they're released and there is never a single coherent message, so people can read them any way they like.In any case, the US dollar sagged on...
WTI crude shakes off the early pressure to finish up 87-cents. Natural gas steals the show
WTI crude fell early but found its legs ahead of today's delayed private inventory report. WTI sagged to as low was $76.32 but found a footing and climbed more than $1.50 to settle at $77.87.WTI crude oil dailyThe big mover in the energy space is natural gas, with the...
FOMC Minutes: Most policymakers noted risk of easing too quickly
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,...
FOMC minutes coming up next. What to watch for
AI imageThe Minutes of the January 30-31 FOMC meeting are due at the top of the hour. In general, trading the FOMC Minutes is a walk through a minefield because the newswire headlines don't always match the text, or they don't capture the full flavor of what was said....
Fed’s Bowman: The time for lower rates is certainly not now
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 sells 20-year bonds at 4.595% vs 4.562% WI
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,...
Comments from the Fed’s Bowman coming up next
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,...
Nasdaq index trades to toward session lows
The Nasdaq index is tracking toward the 38.2%/200H MA.The tech-heavy NASDAQ index is trading near session lows. Those laws came in at 15495.54. The current price is trading at 15504, down -127.30 points or -0.81%. Looking at the hourly chart, the price is approaching...
US treasury to auction off $16 billion of 20 year bonds at 1 PM ET
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,...
USDJPY moves to new session highs. Moves above swing area
USDJPY moves to new session highsThe USDJPY is moving to new at session highs, and in the process as extended above the swing area between 149.70 and 150.158. Yields in the US have turned around and are now higher on the day. The two year yield is at 4.642% up 3.0...
Crude oil trades to a new session high
Crude oil trades above the 100 hour MAThe price of crude oil has moved to a new session high. That level is now reached $77.89, and in the process has moved above the 100-hour moving average at $77.52. Stay above that moving average would tilt the bias more to the...
Will the neutral rate of interest rates go up? Minneapolis Fed research thinks not…
Are higher interest rates here to stay? The Minneapolis Fed research analysts argue that the fundamental forces keeping neutral interest rates low in the long run remain. Some of the highlights:Rising Interest Rates: Central banks globally have increased interest...
ECBs Wunsch: May be too early to get hopes up on rate cuts
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,...
AUDUSD trades between 200 bar MAs above & 100 bar MAs below. Traders wait for the shove.
The AUDUSD moved up yesterday, and in the process moved above the 200 day MA and the 50% midpoint of the range of trading since the October low. However, sellers leaned against the 200 bar MA on the 4-hour chart (currently at 0.6577). Today, the press initially moved...