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Forex
Winnebago Industries (WGO) tops Q3 earnings estimates
Winnebago Industries (WGO - Free Report) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.79 per share. This…
Nvidia stock nears all-time high after Loop Capital hikes price target
Loop Capital pushes NVDA price target from $175 to $250.$250 is now the high among Wall Street analysts for Nvidia stock.US equity indices are mixed on…
Powell speech: Stagflation not the base case
"Federal financial policy, debt, doesn't affect our month-to-month policy decisions," Federal Reserve (Fed) Chairman Jerome Powell said while testifying about…
USD/CAD Price Forecast: Bulls have the upper hand while above 100-period SMA on H4, near 1.3675
USD/CAD attracts some buyers as bearish Oil prices undermine the Loonie.A modest USD weakness keeps a lid on any meaningful gains for spot prices.The technical…
BoJ’s Tamura: Upside risks to price outlook are heightening
The Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday that inflation rose more than expected back in May and it is difficult to predict the…
Japanese Yen extends steady intraday descent; USD/JPY climbs back closer to mid-145.00s
The Japanese Yen weakens slightly amid receding safe-haven demand.Expectations that the BoJ will hike rates again should limit JPY losses.The USD hangs near a…
USD/INR recovers some losses while fragile US Dollar keeps pair on backfoot
The Indian Rupee gives back half of its initial gains against the US Dollar, while the outlook remains firm amid upbeat market mood.Oil prices are likely to…
FX option expiries for Jun 25 NY cut
FX option expiries for Jun 25 NY cut at 10:00 Eastern Time vi a DTCC can be found below.EUR/USD: EUR amounts1.1400 1.7b1.1475 1.2b1.1495 3.1b1.1500 1.9b1.1625…
EUR/GBP appreciates to near 0.8550, upside seems limited due to dovish ECB’s tone
EUR/GBP may lose ground again as the Euro struggles following dovish comments from the ECB officials.ECB’s Francois Villeroy de Galhau noted that the central…
US Dollar Index Price Forecast: Bearish bias remains unchanged near 98.00
The US Dollar Index edges lower to around 97.90 in Wednesday’s early European session. The negative outlook of the index remains in play below the 100-day EMA…