Author: FX
Canada is printing its January labour market data on a non-U.S. NFP day! Will this lead to CAD reacting more directly to the report? What are market players expecting from the event anyway? Check out these important points if you’re planning on trading the event: This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
Interested in building strategies for USD/JPY? Start by downloading our “How to Trade USD/JPY” guide! Recommended by Diego Colman How to Trade USD/JPY USD/JPY FORECAST – TECHNICAL ANALYSISAfter a strong rally over the last couple of sessions, USD/JPY reversed to the downside on Tuesday following an unsuccessful attempt at breaking through resistance at 148.90, with the bearish move reinforced by falling U.S. bond yields. If losses accelerate, support is seen at 147.40, followed by 146.00.On the flip side, if the bulls regain control, which seems a highly likely scenario given the improved outlook for the U.S. dollar in light of…
SelectQuote Q2 Earnings Preview Source link
© Reuters. FILE PHOTO: Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. REUTERS/Kevin Lamarque/File Photo By Michael S. Derby (Reuters) – Overall borrowing levels in the U.S. rose modestly during the final three months of last year as more types of borrowing ran into trouble, especially on the auto front, even as overall difficulties remain below levels seen before the onset of the COVID-19 pandemic. Total household debt rose by $212 billion in the fourth quarter of 2023 to $17.5 trillion, the New York Federal Reserve said on Tuesday in its…
USD, (DXY) News and AnalysisEconomic data and Fed speakers to provide tailwind for the dollarFed speakers with the power to prolong USD move – key resistance assessedThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow Get Your Free USD Forecast Economic Data and Fed Speakers to Provides Tailwind for the DollarThe dollar is slightly softer at the time of writing but is coming off a massive two-day advance after Friday’s non-farm payroll report revealed a significant beat to the upside. The…
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, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Gold (XAU/USD) News and Analysis:Gold prices are in the green Tuesday after two days of big fallsLast week’s news of US labor market strength continues to weighHowever falls have been more limited than other assets’Gold prices have managed some modest gains on Tuesday after a punishing few sessions courtesy of the United States labor market and the Federal Reserve.Last week’s news of astonishing job creation has seen interest-rate-cut bets taken off for March, although a May move remains very much in play, hugely to the Dollar’s benefit.The prospect of US borrowing costs remaining higher for longer has taken a clear,…
Share: USD/CAD is trading close to Monday’s high and near key technical resistance around the mid-1.3500s. Economists at Scotiabank analyze the pair’s outlook. Pressure on the mid-1.3500s will persist for now Spot gains stalled around the January highs and Fibonacci retracement resistance at 1.3540 on Monday and the USD’s advance has remained close to, but below, that point today. Resistance is being bolstered by the 100-DMA (1.3553) on the daily chart. The USD’s firm underlying trend suggests pressure on the mid-1.3500s will persist for now, with a push above 1.3550 likely to drive additional USD gains to 1.3625…
Linde Non-GAAP EPS of $3.59 beats by $0.09, revenue of $8.3B beats by $230M Source link
© Reuters. Intevac , Inc. (NASDAQ:) has announced robust financial results for the fourth quarter and the full year of 2023, with a significant reduction in net losses and an impressive record level of upgrades. The company’s transition to Heat-Assisted Magnetic Recording (HAMR) technology has been a key driver in this success. Despite a delay in collections affecting cash positions, Intevac concluded the year with a strong cash and investment balance, while temporarily suspending near-term financial guidance to concentrate on long-term objectives.Key TakeawaysIntevac’s Q4 revenue reached nearly $13M, contributing to a total annual revenue of $52.7M.The company achieved a record…