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Month: March 2023
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The USDCHF is down testing the 200 hour MA The USDCHF has extended to a new session low and in the process is dipping below the rising 200 hour moving average at 0.93619. The low-priced has just reached 0.93584. The last time the USDCHF price traded below its 200 day moving average was back on
Being the first Friday of the month, the day sorta felt like it should have been an employment day. However, because of the quirks of the shortened calendar month of February, this Friday was void of the big job report. That data will have to wait until next week, when both the US and Canada
Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates had an internal debate about leaving OPEC and pumping more oil, but retraced some losses after a source told Reuters this was not true. Brent crude futures were down 71 cents, or 0.8%, at $84.04 a barrel by 1456
Yen and Swiss Franc recovered today following pullback in benchmark US and European yields. Dollar and Canadian are the softer ones for today while European majors are mixed. Hawkish comments from ECB officials are shrugged off by the common currency. Instead, Euro turned softer after weaker than expected PPI inflation data. Technically, CHF/JPY’s rebound from
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, Tesla CEO, on a stage at the Tesla Gigafactory in Grünheide, Germany. Picture Alliance | Picture Alliance | Getty Images Tesla recently announced a strategy shift away from Europe as it seeks to benefit from unprecedented subsidies in the United States. But it’s
In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Miami, Florida, Coral Gables Shops at Merrick Park, Nordstrom Department Store with shopper entering. Jeff Greenberg | Universal Images Group | Getty Images Nordstrom on Thursday reported lower sales and profits for the holiday quarter, although earnings topped Wall Street’s expectations. The company said it
Share: What you need to take care of on Monday, March 6: The Greenback lost ground on Friday and finished the week lower. Positive data from China and a retreat in US yields kept the DXY in negative territory. US Stocks posted weekly gains after sharp losses in February. The improvement in market sentiment contributed
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