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Forex
Set to join the S&P 500 on Thursday, IBKR sure looks like a winner
IBKR shares top $63 as company gets set to join S&P 500.Interactive Brokers will replace Walgreens Boots Alliance on Thursday in the index.Market is tepid…
Donald Trump announces he will have a “majority” on the Fed
United States (US) President Donald Trump stepped in it on Tuesday, declaring that there would soon be a majority of rate-cut voters on the Federal Reserve's…
Dow Jones Industrial Average slows to a crawl amid quiet markets
The Dow Jones stuck close to the middle on Tuesday, holding above 45,000.US Durable Goods Orders hit markets without so much as a splash.The latest round of…
AUD/USD holds steady near key technical levels
AUD/USD found slim gains on Tuesday, keeping the pair bolstered near key levels.The Aussie-Dollar pair remains trapped just above the 200-day EMA, but below…
USD/JPY continues sideways grind ahead of key data
USD/JPY remains trapped in consolidation near key moving averages.Dollar-Yen traders are unlikely to find a reason to move from their perch through the…
EUR/HUF faces key resistance at 399/400 – Société Générale
EUR/HUF remains under pressure after failing to reclaim the 200-day moving average. A rebound is testing the 399/400 resistance zone, but inability to break…
Pound Sterling edges higher against US Dollar as Trump removes Fed’s Cook
The Pound Sterling ticks up to near 1.3460 against the US Dollar as US President Trump fires Fed Governor Cook.The removal of Fed’s Cook has dampened the…
USD/CAD pulls back below 1.3850 ahead of US data, BoC Macklem’s speech
The US Dollar eases from session highs at 1.3870 amid the escalating Trump-Fed war.Investors are bracing for weak US Durable Goods Consumer Confidence…
US Dollar Index corrects to near 98.30 as Trump fires Fed’s Cook
The US Dollar Index has retraced to near 98.30 from Monday’s high of 98.55 as Trump fires Fed Governor Cook.Fed Cook’s removal has raised concerns over the…
CAD quiet ahead of Macklem speech – Scotiabank
The Canadian Dollar (CAD) is trading in a tight range and entering Tuesday’s NA session with a marginal gain against the US Dollar (USD)Markets to fade BoC…