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Forexlive european fx news wrap: dollar recovers some ground, eyes cpi data tomorrow

Headlines:Japan senior lawmaker says took Ueda's remarks to mean BOJ will continue with easingBOE's Breeden: The risks to inflation around August fore...

September 12, 2023, 11:45 am

Fda warns cvs, walgreens about marketing of unapproved eye products

The U.S. Food and Drug Administration this week warned CVS Health Corp. CVS, +2.78%, Walgreens Boots Alliance Inc. WBA, +3.17% and several smaller con...

September 12, 2023, 11:31 am

Veris residential: newest results show an improvement of the company's operations (upgrade)

Veris Residential is a now multifamily REIT which has been implementing a strategy to sell off their office and hotel properties for a few years. The ...

September 12, 2023, 11:03 am

Gold outlook remains mixed - xau/usd eyes us inflation report for guidance

With the Fed in a blackout period ahead of next week’s FOMC rate decision, gold traders will hope that Wednesday’s inflation report will stoke ...

September 12, 2023, 11:00 am

Westfield owner rethinks mall plans as brick-and-mortar persists

The owner of the Westfield malls group is reportedly rethinking its plan to exit the U.S. Instead, The Wall Street Journal reported Tuesday (Sept....

September 12, 2023, 10:21 am

Canopy growth's stock stays hot after big gains, but some cannabis stocks cool

Canopy Growth Corp.'s stock CGC, -0.59% moved up by 10% Tuesday after it more than doubled in the two previous days. The stock had fallen as much as 1...

September 12, 2023, 9:57 am

Clarity arrives for pair of big-name chip stocks

Recently, some clarity emerged on Nvidia (NASDAQ: NVDA) and Taiwan Semiconductor (NYSE: TSM) — two of...

September 12, 2023, 9:54 am

Does nestlé's biotech segment make it a buy?

Somewhat surprisingly, Nestlé bought a biotech company a few years ago. Its main product ultimately wasn't a good fit for the Swiss conglomerate....

September 12, 2023, 9:53 am

China bringing bulk dollar purchases under the microscope

According to the report, any business wanting to purchase $50 million or more, must now first obtain approval from the People’s Bank of China (PBOC)...

September 12, 2023, 9:31 am

Daily forex news and watchlist: gbp/usd

Cable has fallen far enough to revisit a short-term support zone. Can GBP/USD find some buyers around t...

September 12, 2023, 9:27 am

Acelyrin stock collapses after skin drug trail failure

Acelyrin Inc (NASDAQ:SLRN) collapsed, down some 58% ahead of Tuesday's open, after the company revealed...

September 12, 2023, 9:08 am

Gold to hit more resistance at $1950?

The yellow metal continues consolidating as economists bank on another move to $1950. Soft greenback price action and looming recession risks continue...

September 12, 2023, 8:46 am

Eur/usd can find some support in the short term near the 1.0700 area – ing

We see Thursday’s ECB event risk being a temporary positive one for EUR/USD. For that reason, we suspect that EUR/USD can find ...

September 12, 2023, 8:44 am

Gbp/usd forecast: path of least resistance remains down, 200-day sma holds the key

GBP/USD comes under some renewed selling pressure on Tuesday amid reviving USD demand. Hawkish Fed expe...

September 12, 2023, 8:29 am

2 reits with huge upside potential

REITs are now priced at some of their lowest valuations in years. As a result, ...

September 12, 2023, 8:25 am

Bitcoin price must take $26k, trader says after ‘textbook short squeeze’

Continuing, co-founder Keith Alan predicted that $24,750 would hold as support on the down move, something which at the time of writing holds true. Af...

September 12, 2023, 7:44 am

Usd/jpy surges, dollar declines, and gold rallies: what’s next?

Any yen strength could be short-lived until we get beyond some of the big market events of the week. Be...

September 12, 2023, 7:44 am

Better cloud stock: zscaler vs. digitalocean

Zscaler's growth is cooling off, but its valuations are still frothy. DigitalOcean faces some near-term...

September 12, 2023, 7:41 am

Earn tax-free passive income - yields up to 9%

When you earn a lot of income as a professional income investor, it's nice to have some portfolio holdi...

September 12, 2023, 7:35 am


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