Author: FX
F.N.B. Corp (FNB) Declares $0.12 Quarterly Dividend; 4.1% Yield F.N.B. Corp (NYSE:) declared a quarterly dividend of $0.12 per share, or $0.48 annualized. The dividend will be payable on June 15, 2023, to stockholders of record on June 2, 2023, with an ex-dividend date of June 1, 2023. The annual yield on the dividend is 4.1 percent. For a dividend history and other dividend-related data on F.N.B. Corp (FNB) click here. Source link
Be aware. Richmond Fed Pres. Barkin is set to speak.Last week (March 12) he said:Says he’s watching credit conditionsWe are certainly past peak inflation, still a ways to goMy view is we react to inflation as it comes in, in terms of rate pathLooking very hard at the man, labor market inflationCredit card data giving me some comfort to me and is callingIf you want to get inflation back to goal, you need multiple months where it’s headed theirNot hearing there is much change in bank lending at the momentNot seeing evidence of inflation cracking yetBarkin is not a voting…
Share: US Dollar remains strong, DXY gains 0.45%. US Empire Manufacturing jumps in March. NZD/USD breaks previous lows, looks at the 200-day SMA. The NZD/USD is falling for the second day in a row and printed fresh lows after the release of US data, hitting at 0.6175, the lowest in four weeks. The US Dollar gained momentum across the board and resumed the upside. Dollar adds to gains after US data Data released on Monday showed an unexpected rebound from -24.60 to 10.8, against expectations of -18.0. The numbers boosted further the US Dollar while the Kiwi is…
A breakeven trade is one that is neither a winner nor a loser. It closes at a particular price where profit and loss both equal to zero. Sure, you rarely get praise from others (as well as yourself) for breakeven trades. But don’t take them for granted! The beauty of breakeven trades is that although you may not increase your account with them, they do enable you to protect your capital. Let me discuss the two kinds of breakeven trades and the psychology behind them. Let’s start off with the case of a breakeven trade that would have been a…
J. Michael Jones/iStock Editorial via Getty Images JPMorgan upgraded Ollie’s Bargain Outlet Holdings (NASDAQ:OLLI) to a Neutral rating on Monday after having the retailer set at Underweight. Analyst Matthew Boss and team said they have greater confidence in a return to OLLI’s historical +1% to +2% same-store sales algorithm and also see a strong closeout deal flow, an improving competitive backdrop relative to FY22, and margin recapture opportunity tied to supply chain improvements. The bear rating on OLLI was also pulled by JPMorgan due to improved visibility to mid-teens EPS growth in FY24-FY25. The firm’s price target on OLLI is…
Greed is one of the main reasons why traders lose money trading the forex market. Many new traders are lured to trade the forex market because of the huge returns that they see other traders get. Traders often want to strike it big right away. So, traders would often aim for the stars when trading the forex market. They would try to earn huge returns with the least amount of risk. Often, traders aim for impossible targets. This would often make what should have been winning trades to turn into losing trades. This is probably one of the most painful…
EUR/USD Price, Chart, and AnalysisUS Treasury yields push higher as traders bet on a 25bp rate hike in May.Euro weakness is likely to be limited in the weeks ahead. Recommended by Nick Cawley Get Your Free EUR Forecast The US dollar continues Friday’s move higher, aided by rising expectations that the Fed will raise interest rates by 25 basis points at its next meeting. The rate-sensitive two-year now yields 4.12%, up nearly 60 basis points form its March 24 low, while the benchmark US 10-year is trading with a yield of 3.52%, up 30 basis points from its recent multi-month…
Trading Leveraged Products is risky There is now (CME marketwatch) an 83% chance of a 25 bp FED HIKE in May, from 74% on Friday, as mixed US data (a Big miss fro Retail Sales, and minor beats for Ind. Production & Consumer Sentiment) saw USD rally 1 big number from 12-mth lows, & GOLD crash below $2000. US Stocks closed lower (-0.35% to -0.72%) despite big Earnings beats from the Banks, JPM +7.6%, but Boeing tanked -5.6% as fault from supplier Spirit (-20.7%) halted deliveries of 737 MAX. Asian markets were higher (Nikkei hit a 6-week high) to start…
On the balance of things, a 25 bps move seems more likely but it may very well come down to the wire. The euro area consumer inflation report for April comes out just two days before the ECB decision and that could influence policymakers depending on what we see, especially for core inflation. Source link
Share: Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest further gains in EUR/USD remain on the cards above 1.0940 in the near term. Key Quotes 24-hour view: “We expected EUR to ‘advance further’ last Friday but we were of the view that ‘the next significant resistance at 1.1120 is likely out of reach for today’. We noted, there was a minor resistance at 1.1080. However, EUR only eked out a fresh high of 1.1075 and then tumbled to end the day lower by -0.40% (1.1000). While there is scope for EUR to…