Month: April 2021

It is not time to start talking about tapering The EURUSD spiked higher as that Fed’s Powell said “It it is not time to start talking about tapering”. The EURUSD is now trading above the high from Monday at 1.21164. The high price traded to 1.2125.  Stay above the Monday high keeps the Bulls forward in control. The next
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Stocks turn lower on the comment Feds Powell says that some asset prices in the market can be frothy. He followed that up by saying that it’s because of the reopening. Nevertheless the price of stocks have moved lower on the comment. The NASDAQ index is now down around -11 points. The Dow industrial average
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USD/CHF bears are in control following the Fed. The pair is near term bullish, medium-term bearish with a monthly upside bias. USD/CHF has plummeted following the Federal Reserve and there are prospects of a downside continuation in line with the broader daily trend.  With that being said, corrections are underway so the bears will be
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10-year Treasury yields up 1.6 bps to 1.638% Invest in yourself. See our forex education hub. The jump back above 1.60% yesterday ended up being the key story in the market and we are seeing bond sellers keep up the pressure slightly to start European trading. 10-year yields ticked up to a high of 1.641%
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Australian Dollar tumbles broadly in Asian session after weaker than expected CPI data. Sterling is following as the second weakest , and then New Zealand Dollar. Dollar firms up mildly as traders await FOMC rate decision, but the rebound is mainly centered against Yen and Aussie. Indeed, Yen was under some notable selling pressure overnight
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In this article GOOGL Sundar Pichai, chief executive officer of Google Inc. Bloomberg | Getty Images Alphabet is set to report first quarter earnings after the bell Tuesday. Here’s what Wall Street is expecting: Earnings: $15.82 per share, according to Refinitiv Revenue: $51.70 billion, according to Refinitiv Google Cloud revenue: $4.07 billion, according to FactSet estimates
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European equities have actually performed as well as U.S. stocks this year, and have outperformed EM and Japanese stocks quite significantly. Is this a fluke? Economists at Morgan Stanley think not, and see four reasons why European equities could continue to outperform global peers. Europe’s ‘unloved’ quality among global investors is not the only reason to
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