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  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
  • S&P 500 Challenges Major Resistance as RSI Nears Overbought Zone, Fed Looms
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Day: February 7, 2023

Market Outlook

Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing

Posted onFebruary 7, 2023

Did Powell cap interest rate expectations and in turn revive the Dow and other risk benchmarks? More likely, fed rate expectations fueled by last week’s …

forex Breaking news
Breaking News

Stocks making the biggest moves after hours: Chipotle, Enphase Energy, Fortinet and more

Posted onFebruary 7, 2023

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

Market News

EURUSD Trend Reversal Stalls after Powell Remarks

Posted onFebruary 7, 2023

From its peak above 1.1000 last week, EURUSD has produced a significant reversal that has undermined a rising channel/wedge stretching back to November. Yet, bearish …

forex Breaking news
Breaking News

Fed Chair Powell says inflation is starting to ease, but interest rates still likely to rise

Posted onFebruary 7, 2023

Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.

forex Breaking news
Breaking News

Wholesale egg prices have ‘collapsed.’ Why consumers may soon see relief

Posted onFebruary 7, 2023

Wholesale egg prices have declined by over 50% from their recent record highs. Retail prices may soon follow, but that’s not a sure thing.

forex Breaking news
Breaking News

Fed Chief Powell says the disinflationary process has begun, but has a long way to go

Posted onFebruary 7, 2023

Fed Chairman Jerome Powell spoke Wednesday in a question-and-answer session at the Economic Club of Washington, D.C.

forex Breaking news
Breaking News

Stocks making the biggest moves midday: Chegg, Hertz and Oak Street Health

Posted onFebruary 7, 2023

These are the stocks posting the biggest moves during midday trading.

forex Breaking news
Breaking News

Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy

Posted onFebruary 7, 2023

Federal Reserve Chairman Jerome Powell speaks Tuesday afternoon in a question-and-answer session with Carlyle Group Chairman David Rubenstein.

Market News

USD Price Forecast: Dollar Index (DXY) Heads for 104 Ahead of Powell

Posted onFebruary 7, 2023

The U.S. dollar looks to be set on a hawkish address by Fed Chair Jerome Powell with the DXY trading at a key resistance zone.

DailyFX

Powell to Keep US Dollar Comeback on Track?

Posted onFebruary 7, 2023

Powell to Keep US Dollar Comeback on Track? The Tuesday Market Oulook with Zain Vawda gives a report on the latest changes in the financial …

Market News

USD/ZAR Humbled by Psychological Resistance at 17.700

Posted onFebruary 7, 2023

USD/ZAR Price action has stalled after a brief retest of 17.700. As Eskom continues to place pressure on the EM currency, technical levels hold firm.

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Recent Posts

  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
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