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Day: February 17, 2023

Market News

Dollar Breakout and S&P 500 Breakdown Don’t Project Conviction Into Next Week

Posted onFebruary 17, 2023

The technical levels were clear for the US-based S&P 500 and Dollar through the end of last week, and both tentatively earned a ‘break’ Friday. …

Forecasts

US Dollar (DXY) Technical Forecast: Prints Fresh 6-Week High, Retracement Incoming?

Posted onFebruary 17, 2023

Dollar Index rallied higher this week as Fed hawks and US data put the Dollar back on top. Can the rally continue?

forex Breaking news
Breaking News

Stocks making the biggest moves midday: Deere, Airbnb, AutoNation, Moderna and more

Posted onFebruary 17, 2023

Deere shares popped on strong earnings.

forex Breaking news
Breaking News

Former Boston Celtics star Paul Pierce settles with SEC over crypto violations

Posted onFebruary 17, 2023

NBA Hall of Famer Paul Pierce settled with the SEC over allegations he unlawfully touted the same crypto security as Kim Kardashian.

Forecasts

S&P 500, Nasdaq 100 Sell-Off Continues, Strong US Dollar Sours Equity Sentiment

Posted onFebruary 17, 2023

US equity markets are battling against a strong US dollar and higher US bond yields. Monthly option expiry and Monday’s US bank holiday will increase …

Market News

USD/JPY Outlook: Dollar Yen Jumps on Hawkish Fed & Rising Yields

Posted onFebruary 17, 2023

USD/JPY rises to above 135.00 after Fed officials push for higher rates. Loose monetary policy continues to weigh on safe-haven Yen.

Market News

USD Price Forecast: Dollar Index (DXY) Reacting Favorably to Fed Speakers

Posted onFebruary 17, 2023

The U.S. dollar continues to gather momentum going into next week as we await the Fed’s Barkin later today. DXY eyes 105.

forex Breaking news
Breaking News

Stocks making the biggest moves premarket: DraftKings, DoorDash, Deere, Roku and more

Posted onFebruary 17, 2023

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

Market News

EUR/USD Latest: Trendline Break and Rate Expectations Climb to 3.75%

Posted onFebruary 17, 2023

The euro, like many other USD crosses, has witnessed a crucial break of support as a wave of hawkish USD repricing takes hold after Fed …

Market News

British Pound (GBP) Latest: GBP/USD Slumps, a Victim of US Dollar Strength

Posted onFebruary 17, 2023

Cable (GBP/USD) is under pressure again, and nearing a break below 1.1900, as US Treasury yields soar to multi-month highs, boosting an already robust US …

Market News

AUD/USD Price Forecast: Hawkish RBA Unable to Arrest Slide, 200-Day MA in Focus

Posted onFebruary 17, 2023

AUDUSD printed a fresh 6-week low and is on course for its third successive day of losses. Can the 200-day MA provide support?

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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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