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Day: February 24, 2023

Forecasts

US Dollar (DXY) Technical Forecast: Bullish Dollar Index Facing Technical Challenges in the Week Ahead

Posted onFebruary 24, 2023

The Dollar Index enjoyed a stellar week as US data saw further increases in peak rate expectations. Can the momentum continue?

forex Breaking news
Breaking News

Stocks making the biggest moves midday: Beyond Meat, Live Nation, Yeti, Boeing and more

Posted onFebruary 24, 2023

Beyond meat rallied on a smaller-than-expected loss for the previous quarter. Yeti fell on a Goldman Sachs downgrade.

forex Breaking news
Breaking News

Warren Buffett’s must-read annual letter arrives Saturday. Here’s what to expect from the investing legend

Posted onFebruary 24, 2023

The 92-year-old chairman and CEO of Berkshire Hathaway is slated to release his annual shareholder letter Saturday alongside the conglomerate’s earnings.

Market News

Euro Weekly Forecast: EUR/USD Gains As Eurozone Data Show Modest Return To Growth

Posted onFebruary 24, 2023

The Euro ticked higher on news that its home economy expanded at last in January, raising hopes that recession can be sidestepped

Market News

Oil Outlook: Russia – Ukraine One Year of Conflict Boosts WTI & Brent

Posted onFebruary 24, 2023

Russia, Ukraine conflict reaches one year mark, adding pressure to the oil trajectory over the next year.

Market News

US Core PCE Rises 4.7% vs 4.3% Forecast, Inflation Pushes Back

Posted onFebruary 24, 2023

A series of stubborn prices pressures via hotter CPI and PPI readings warned of a slowdown of the disinflation trend. However, January’s data supports the …

forex Breaking news
Breaking News

Fed’s Mester says she has hope that inflation can be brought down without a recession

Posted onFebruary 24, 2023

In a CNBC interview, Mester said she sees the central bank’s benchmark interest rate having to rise above 5% and stay there for a while.

forex Breaking news
Breaking News

Stocks making the biggest moves premarket: Beyond Meat, Sweetgreen, Adobe, Block and more

Posted onFebruary 24, 2023

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

Market News

USDJPY Inches Up Incoming BoJ Head Suggests Continuity With Kuroda

Posted onFebruary 24, 2023

The Japanese Yen slipped back a little despite more strong inflation numbers as the man set to take over at the Bank of Japan offered …

forex Breaking news
Breaking News

Britain’s taxes will be cut ‘as soon as we can afford to,’ finance minister says

Posted onFebruary 24, 2023

U.K. Finance Minister Jeremy Hunt on Friday said the government will look to cut taxes “as soon as we can afford to.”

Market News

Euro Price Forecast: German GDP Dampens Strong EZ Data This Week, US Core PCE in Focus

Posted onFebruary 24, 2023

EUR/USD eyes US core PCE later today which may test the lower bound of the developing falling wedge pattern should inflation prove sticky.

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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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