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Latest:
  • 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
  • JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm
  • Ron Insana says an AI bubble may be forming, but we’re not there yet
  • EURGBP breaks to lowest level since August 2022
  • British Pound Latest – GBP/USD and EUR/GBP Highlight Sterling’s Strength

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Day: May 3, 2023

Market News

Dow Jones, S&P 500, Nasdaq 100 Sink after Fed, Powell, PacWest Woes Crush Sentiment

Posted onMay 3, 2023

The Dow Jones, S&P 500 and Nasdaq 100 plunged after the Fed rate decision, Powell’s press conference, and another troubled regional bank, PacWest, deteriorated sentiment. …

forex Breaking news
Breaking News

Stocks making the biggest moves after hours: PacWest, SolarEdge, Etsy, Qualcomm and more

Posted onMay 3, 2023

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

forex Breaking news
Breaking News

Eli Lilly stock hits new high after successful drug study. Here’s how the pros are playing it

Posted onMay 3, 2023

Pros on CNBC discuss Eli Lilly after it hit an all-time high on positive drug study results.

forex Breaking news
Breaking News

RBNZ’S Hawkesby says the underlying economy has strength , NZ banks are well positioned

Posted onMay 3, 2023

Ket officials from the Reserve Bank of New Zealand are appearing in front of an NZ parliament Finance and Expenditure Committee hearing. This follows the …

Analyst Articles

USDCAD finds the support near the converged 100/200 hour moving average

Posted onMay 3, 2023

The USDCAD has seen the price move down to test key support near the convert 100 and 200 hour moving average at 1.3587. Below that …

Analyst Articles

The USD initial reaction is lower ahead of Powell

Posted onMay 3, 2023

The Fed hiked rates by 25 basis points bringing the benchmark federal-funds rate to a range between 5% and 5.25%, a 16-year high. This decision …

Market News

Fed Raises Rates by Quarter Point, Signals Pause in Hiking Cycle

Posted onMay 3, 2023

The Federal Reserve raised interest rates by 25 basis points to 5.0%-5.25% at the end of its May policy meeting, dropping language that it anticipates …

forex Breaking news
Breaking News

Fed increases rates a quarter point and signals a potential end to hikes

Posted onMay 3, 2023

The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.

forex Breaking news
Breaking News

For reference: The full text of the March 22 FOMC statement

Posted onMay 3, 2023

The Federal Reserve hiked rates by 25 bps on March 22 after a tumultuous period for regional banks. I always find it’s good practice to …

forex Breaking news
Breaking News

Stocks making the biggest moves midday: CVS Health, Eli Lilly, Clorox, Yum and more

Posted onMay 3, 2023

These are the stocks posting the largest moves midday.

Analyst Articles

USDCHF extends lower and toward 2023 floor

Posted onMay 3, 2023

The USDCHF is pushing to new lows for the day and in the process is moving toward the lows for 2023. Those lows come between …

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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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