Antitrust trial pits jetblue against biden administration

Midsized carrier JetBlue began squaring off in court Tuesday against the US Department of Justice in a ...

October 31, 2023, 4:51 pm

Pboc calls on banks to hold off on immediate dollar purchases - report

The report is via Reuters, citing two sources with knowledge of the matter. It is said that the PBOC has asked some of the big banks to refrain from i...

September 14, 2023, 4:48 am

Euro slips after cpi and ecb minutes, dollar shrugs pce

Euro falls broadly today together with other European majors. Some might point to the expected slowdown in Eurozone core inflation in August as a fact...

August 31, 2023, 1:30 pm

European equity close: a week to forget as ftse 100 flirts with some dangerous levels

Closing changes:Stoxx 600 -0.6%German DAX -0.6%FTSE 100 -0.6%French CAC -0.4%Italy MIB -0.4%Spain IBEX -0.1%Weekly:Stoxx 600 --2.3%German DAX -1.5%FTS...

August 18, 2023, 3:35 pm

Usd to cad price forecast: traders squaring positions ahead of us cpi data

Traders eye U.S. CPI’s impact on USD to CAD, central banks prioritize service prices and labor, while markets expect a 0.25% September rate hike. Th...

August 9, 2023, 10:06 am

Elon musk says hypothetical mark zuckerberg cage match should be streamed on x

Mark Zuckerberg and Elon Musk continued to spar online this weekend over the idea — supposedly a joke — of the two billionaire social media bosses...

August 7, 2023, 1:05 pm

Canada fx debt-cad edges back from 9-month high on ‘position squaring’

The Canadian dollar edged lower against its U.S. counterpart on Monday, with the currency consolidating some recent gains as oil prices fell and inves...

June 19, 2023, 8:14 pm

Big turn in the bond market points to higher inflation later

Lower CPI today should have been a green light for lower yields but instead the opposite is unfolding with 5-year yields tracking from 3.81% after CPI...

June 13, 2023, 6:50 pm

Usd/jpy dips on emergency meeting by japanese authorities

The pair just fell down from 140.85 to 140.35 before keeping around 140.50 levels now after the announcement here.It looks to be some position ...

May 30, 2023, 6:39 am

It's quarter, month and week end. what to expect from some of the major currency pairs.

The US PCE came in a little weaker than expectations and the USD dips modestly. It is quarter end, month and week end so there may be an element of...

March 31, 2023, 1:17 pm

Gold prices decline as investors lighten up on safe-haven assets

Profit-taking and position-squaring are weighing on gold prices....

March 28, 2023, 4:34 am

Short covering, position evening in gold ahead of u.s. jobs data

(Kitco News) - Gold prices are higher in midday U.S. trading Wednesday, with silver near steady. Short covering and some position ...

March 9, 2023, 12:29 pm

The audusd buyers fail. price is back below the 100 hour and 100 day mas

The AUDUSD closed on Friday just above its 200 hour MA (green line in the chart above near 0.67587). A close of a week above a MA by a few pips can...

March 6, 2023, 2:42 pm

Gold price forecast xau/usd – boosted by end-of-the-month position-squaring

Gold slipped to a two-month low on Tuesday while posting its biggest monthly decline since June 2021. The post Gold Price Forecast XAU/USD – Boosted...

March 1, 2023, 6:14 am

Gold price forecast xau/usd – traders bracing for higher headline, core us consumer inflation

Cautious gold traders are squaring positions ahead of Tuesday's U.S. CPI report that could influence th...

February 13, 2023, 2:45 am

Us dollar picks up in the the fomc countdown

We're a few minutes away from the FOMC decision and there's some dollar buying creeping in. I ...

February 1, 2023, 6:50 pm

Bank of america: steering confidently through a storm

Bank of America, or BofA, needs to tread through less visibility in its net interest income growth in H1'23, complicated by the need to raise its depo...

January 21, 2023, 3:27 am

Usd/jpy extends gain to 200 pips as the shorts exit and kuroda doubles down

What a minefield in USD/JPY this week.

The BOJ caught many in the market wrong-footed and doubled down on yield-curve control, leading to a s...

January 20, 2023, 1:56 pm

Trade ideas thread - european session 16 january 2023

Major currencies are back to being little changed, with the dollar's slight losses now being recovered. It's pr...

January 16, 2023, 7:28 am

Price of gold fundamental daily forecast – early strength reflects dip in odds of super-sized fed rate hike

Today's early price action is likely being fueled by position-squaring ahead of Friday's highly anticip...

August 24, 2022, 5:59 am