Author: FX
Northland Power GAAP EPS of C$1.12, revenue of C$641M; initiates FY23 guidance Source link
A discussion with a friend over the break made me realise that the source I was grabbing the option expiries from had a bit of a glitch and hasn’t been fixed. So, I’d like to offer my sincerest apologies to everyone if you guys found the expiries to be a bit weird or funky as of late. But these latest ones are good but just a heads up that moving forward, I might not be able to grab the full week overview moving forward.For today, there are a couple of large ones to be mindful about but I’ve highlighted in…
Who’s ready to trade the Australian dollar? I hope you are because AUD/JPY and AUD/NZD are sitting on key support and resistance levels! Check out their 1-hour charts: AUD/JPY 1-hour Forex Chart by TradingView I spy with my eye a trend continuation opportunity! AUD/JPY is consolidating just under the 92.00 psychological that lines up with the top of a descending channel that’s been around all week. In this case, AUD/JPY is also sitting close to the 50% Fibonacci retracement of yesterday’s downswing and a key support zone from last week. Moving averages are pointing to more bearish moves as the…
Share: USD/JPY is showing a volatility squeeze after some wild moves post-speech from BoJ Governor Nominee Kazuo Ueda. Bank of Japan Ueda considered the current monetary policy as appropriate for achieving the persistent 2% inflation target. Federal Reserve to continue policy tightening spell as upbeat US labor market could propel inflation ahead. USD/JPY is auctioning in a Rising Wedge which indicates a loss in the upside momentum and cements a bearish reversal. USD/JPY remained in vigorous action in the Asian session as Bank of Japan (BoJ) Governor Nominee Kazuo Ueda delivered his first speech after his selection. The…
Famed billionaire Thomas H. Lee’s family announced Thursday that the leveraged-buyout pioneer has died at 78, with The New York Post reporting that the financier was found dead of a self-inflicted gunshot wound at his Manhattan office. Lee’s family confirmed the man’s death in a statement, saying that “while the world knew him as one of the pioneers in the private-equity business and a successful businessman, we knew him as a devoted husband, father, grandfather sibling, friend and philanthropist who always put others’ needs before his own.” While the statement said nothing about the circumstances surrounding Lee’s death, the Post…
5/5 © Reuters. Emergency services work as smoke rises following a pipeline explosion at the facilities of state-owned oil company Pemex, according to local authorities, in Ixhuatlan del Sureste, Veracruz state, Mexico, February 23, 2023 in this still image taken from vi 2/5 MEXICO CITY (Reuters) – Three fires broke out on Thursday at different facilities in Mexico and the United States operated by Mexico’s state-owned oil company Pemex. One of the fires broke out in a storage facility in the state of Veracruz, leaving five workers missing and three hospitalized, a statement published by the firm said. The cause…
Is the $25K handle too much for Bitcoin (BTC/USD) bulls? In case you missed it, BTC/USD has been struggling to surpass its $25,250 intraweek highs as traders continue to price in higher interest rates from the Fed and maybe slower-than-expected global growth this year. Bitcoin (BTCUSD) 1-Hour Chart by TradingView BTC/USD is now trading closer to the $24,000 mark that served as support last week AND was a big resistance level back in late January/ early February. Can Bitcoin maintain its range? Moving averages are favoring more selling as the 100 SMA just crossed below the 200 SMA. If you…
Earlier we had Bank of Japan Governor nominee Ueda remarking on the lag in monetary policy impacting the real economy. Deutsche Bank have noted this in the context of Bank of England rate hikes:with the MPC ascribing to an 18-24 month lag for rate hikes to fully feed through into the real economy much of the pass-through has yet to actually feed through into the economy. While there’s plenty of uncertainty around this estimate, assuming a standard (and linear) 18-24 month lag in monetary policy transmission, we calculate that only 30% of the Bank’s rate hikes have likely already fully…
Share: AUD/USD picks up bids to extend the previous day’s recovery from seven-week low. Headlines from China, Japan seem to propel the latest price moves. Geopolitical fears, hawkish Fed concerns keep bears hopeful ahead of US Core PCE Price Index for January. AUD/USD braces for the key US data around 0.6825, extending the previous day’s rebound from a seven-week low during early Friday. In doing so, the Aussie pair seems to cheer the latest headlines from China and Japan as they tame the previous risk-off mood. However, fears surrounding Russia and the US-China ties join hawkish Federal Reserve…
Nektar Therapeutics plunges 29% after hours on mid-stage lupus treatment failure Source link