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  • Fed Preview: US Dollar and S&P 500 Could Take Diverging Paths After FOMC Decision
  • JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
  • Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
  • Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
  • Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
  • Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Mar 07, 2023 when Wall Street traded near 32,870.10.
  • FTSE Price Forecast: UK Stocks Rally as Markets Contemplate Overreaction
  • Bitcoin climbs above $28,000 to a 9-month high as Treasury yields slide on bank crisis
  • UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
  • UBS shares reverse losses, Credit Suisse craters 50% after takeover deal

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Day: March 8, 2023

forex Breaking news
Breaking News

Stocks making the biggest moves after hours: Silvergate Capital, MongoDB, Uber and more

Posted onMarch 8, 2023

These are the stocks posting the largest moves in extended trading.

Market News

S&P 500, Nasdaq 100 Perk Up but Risk Appetite Remains Subdued ahead of NFP Data

Posted onMarch 8, 2023

The S&P 500 and Nasdaq 100 advanced modestly on Wednesday, but gains were capped by subdued sentiment following Powell’s hawkish remarks ahead of the February …

Market News

USD/JPY Retreats as 200-Day MA Caps Gains

Posted onMarch 8, 2023

USD/JPY has finally cleared the 137.00 handle yet mixed signals hint at a potential retracement. Where to next for the USD/JPY?

forex Breaking news
Breaking News

Stocks making the biggest moves midday: Stitch Fix, Tesla, WeWork, Campbell Soup and more

Posted onMarch 8, 2023

Stitch Fix fell on disappointing quarterly results.

DailyFX

SP 500 and Risk Assets Consolidate as Technicals and Fundamentals Appear at Odds with Each Other

Posted onMarch 8, 2023

SP 500 and Risk Assets Consolidate as Technicals and Fundamentals Appear at Odds with Each Other. The Thursday Market Oulook with Zain Vawda gives a …

Market News

Bitcoin Price Forecast: BTC/USD Grinds Lower, Trapped Below $22,000.

Posted onMarch 8, 2023

Bitcoin prices struggle to gain traction after falling below $22,000. With price action making subtle moves, a rise in bearish momentum could drive BTC toward …

Market News

USD/CAD Gains After Bank of Canada Holds Rates Steady, Retains Dovish Guidance

Posted onMarch 8, 2023

USD/CAD extends gains after Bank of Canada holds rates unchanged and keeps dovish guidance

forex Breaking news
Breaking News

Watch Fed Chair Jerome Powell speak live in second day of Capitol Hill testimony

Posted onMarch 8, 2023

On Tuesday, Powell told the Senate Banking Committee that the central bank could raise interest rates moer aggressively if inflation data remains strong.

Market News

USD Price Action Setups: GBP/USD, USD/CAD, USD/CHF

Posted onMarch 8, 2023

A lot has changed in the last 24 hours as Powell opened the door to a 50 bps hike, sending US yields and the dollar …

Market News

Gold Price Forecast: $1800 Back in Focus as Price Consolidates Following Selloff

Posted onMarch 8, 2023

Spot gold remains above the 100 and 200-day MAs despite yesterday’s selloff. $1800 holds the key for a change in the technical outlook.

Market News

Euro Latest: Euro Area Growth Flatlines, EUR/USD Dancing to Powell’s Tune

Posted onMarch 8, 2023

The Euro Area recorded no growth in Q4, according to the latest Eurostat data, in line with analysts’ forecasts. EUR/USD unchanged after Tuesday’s Powell inspired …

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Recent Posts

  • Fed Preview: US Dollar and S&P 500 Could Take Diverging Paths After FOMC Decision
  • JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
  • Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
  • Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
  • Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
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