Strong retail sales data could send USD even higher
GBP remains in downtrend
EUR could weaken further against JPY
On Tuesday, the US dollar once again took center stage as it continued its bull run and kept increasing the pressure on other global currencies.
Yesterday it seemed to be more...
Stock markets around the world suffer losses
Trump’s new tariffs on Chinese imports blamed
Possible US withdrawal from NATO also contributed
International stock markets suffered yesterday as the trade war between the United States and China became worse and reports surfaced that the US might withdraw from NATO.
On Tuesday,...
New Goldman Sachs CEO wants more women on management committee
Comcast drops out of race to acquire 21st Century Fox
Two new indices announced for ether and bitcoin
More changes are coming at investment firm Goldman Sachs as it prepares for a leadership change.
The company’s current president, David Solomon,...
Dow Jones higher, S&P 500 lower
Energy stocks close lower after oil price drops
Arconic share prices increase, J.B. Hunt closes lower
The most important stock markets in the US delivered mixed results yesterday. The Dow Jones Industrial Average closed slightly higher with a gain of 44.95 points or...
Investigation has been going on for five years
Maximum fine could be 10% of international turnover
Various other banks also being investigated on similar charges
The latest news from the Eurozone forex front is that European Union antitrust regulators have charged Credit Suisse with rigging foreign exchange rates, according...
Turkey announces punitive tariffs against many American products
Lira recovers to 5.85 against USD
US alcohol, automobiles and tobacco hit particularly hard
Turkey’s heavily punished currency, the lira, strengthened sharply yesterday morning after the Turkish government announced that it would impose significant tariffs against American products in retaliation for...
US stock markets return to positive territory
Nasdaq reaches a record high
EC cuts economic growth forecast for 2018
US stock markets returned to positive ground on Thursday after a losing streak earlier in the week.
The Nasdaq hit a record high after gaining 1.2%. The S&P 500 ended 0.8%...
Buckingham Research Group believes that there’s more room for growth
Currently trading at 57 times expected earnings for 2020
CFRA disagrees with buy rating
Square Inc’s stock price has increased by another 5.5% since it issued its earnings report for Q2 2018 last week. The year-to-date increase now stands...
Share price surges 21% in one day
Market cap increases by $1.2bn
CFO Louden believes Roku has excellent long-term potential
Experienced traders have long known that a strong earnings report can send a firm’s stock price through the roof overnight.
In the case of Roku, it appears the market is...
Core German data could bring more direction to the market
The nearest support level is at 1.1527
1635 is the closest resistance level
The EUR remains in a rather vulnerable position right now. Yesterday, the EUR/USD traded in the region of 1.1550 in the run-up to the release of...
