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Dax set for a bullish open on debt ceiling vote and fed bets

It is a quiet European session for the DAX. However, the US Jobs Report, sentiment toward Fed monetary policy, and the Senate vote will influence. The...

June 2, 2023, 4:34 am

Gbp to usd forecasts: bulls eye a return to $1.26 on policy divergence

It is a quiet day for the GBP to USD, with no UK stats to consider. However, the Senate vote and US Jobs Report will move the dial this afternoon. The...

June 2, 2023, 4:09 am

Usd and gbp: all you need to know

The dollar came off its highs overnight after a couple of Fed speakers suggested the bank could skip a hike at its June meeting. This strategy could b...

June 2, 2023, 3:59 am

Fxspotstream’s trading volume strengthens to $1.28t in may

FXSpotStream, a New Jersey-based provider of multibank price streaming services for FX spot and swaps, has released its trading metrics for May 2023. ...

June 1, 2023, 10:36 pm

Interactive broker grows darts and client accounts in may

Popular American electronic trading platform Interactive Brokers reported single-digit month-over-month (MoM) growth in its daily average revenue trad...

June 1, 2023, 9:30 pm

Eur/usd forecast: more than a rebound, euro looks at 1.0800

The EUR/USD rose significantly, rebounding from monthly lows, and is currently trading above 1.0750 with a bullish tone. However, technical indicators...

June 1, 2023, 9:14 pm

Dell announces earnings early. eps $1.31 versus $0.85 expected

Dell was expected to announce their earnings after the close. however the stock has been halted and the...

June 1, 2023, 7:13 pm

Usd/jpy forecast: gaining ground against japanese yen

During Wednesday’s trading session, the US dollar experienced a slight initial decline against the Japanese yen, following the recent upward pressur...

June 1, 2023, 6:44 pm

Macy's (m) q1 earnings beat estimates, comp sales decline

Macy's (M) reports an earnings beat in first-quarter fiscal 2023. However, sales were soft due to a comparable sales decline of 7.9% on an owned basis...

June 1, 2023, 5:21 pm

S&p index back above its 100 week moving average

With the S&P index trading near session highs at 4220.84 up 41 points or 0.98%, the index is also back above its 100-week moving average of 4198.93. T...

June 1, 2023, 4:35 pm

Usdcad moves back below 100 day ma at 1.35164

Ahead of the oil inventory data at the top of the hour, the USDCAD is breaking lower as dollar selling intensifies. The crude inventories are expected...

June 1, 2023, 2:59 pm

Diax: djia exposure with an overwrite strategy

Nuveen Dow 30 Dynamic Overwrite Fund (DIAX) is trading at a larger discount compared to its historical level, potentially indicating an attractive opp...

June 1, 2023, 2:57 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 138.93; (P) 139.66; (R1) 140.07; More… Intraday bias in USD/JPY remains neutral for the moment. Downside of retreat should be con...

June 1, 2023, 2:21 pm

Dollar dips despite strong jobs data; sterling strengthens

Dollar falls broadly today, despite strong job data, as near term consolidations continues. The odds of a June Federal Reserve rate hike seem to be dw...

June 1, 2023, 1:38 pm

Why lucid stock is plummeting again this week

Lucid will raise $3 billion in funding through a new stock sale, giving it flexibility to continue operating until 2025. However, the substantial new ...

June 1, 2023, 1:25 pm

Fresenius medical care: other stocks still better, but upside exists

Fresenius Medical Care has shown some improvement in recent trends, but still faces headwinds and pressures in its markets. Analysts have consistently...

June 1, 2023, 12:41 pm

The aud is the strongest and the jpy is the weakest as the north american session begins

The AUD is the strongest and the JPY is the weakest as the North American session begins. Yesterday, the JPY was the strongest and the CHF was the wea...

June 1, 2023, 12:07 pm

3 penny stocks to buy before they soar to new heights in 2023

Venturing into the realm of high potential penny stocks is a high-risk proposition. However, within the myriad of penny stocks, there exist a few eme...

June 1, 2023, 12:03 pm

Florida adult-use cannabis referendum reaches nearly one million validated signatures while further steps for ballot placement remain

The Florida Division of Elections now lists more signatures than needed to place an adult-use cannabis referendum on the state's 2024 ballot, accordin...

June 1, 2023, 11:02 am

Skipton's mouth-watering savings account, is it worth it?

Skipton Building Society is now offering savers 7.5% interest on regular savings accounts, the highest on this type of account for nearly a decade. Ho...

June 1, 2023, 10:22 am


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