<p>The Euro fell around hundred pips and hit the lowest since 29 Apr after German top court ruled the Bundesbank must stop buying government bonds under the ECB’s stimulus program, unless the central bank can prove the purchases are needed. The court added that their decision did not apply to the ECB’s latest, 750 billion [&hellip
Blogs
Loonie Picks Up Strength As Oil Prices Rise
<p>The CAD strengthened against the USD yesterday, as oil prices tended to rise due to the easing of the lockdowns imposed in various countries. Analysts tend to note that the market seems to price in the idea that the situation is to continue to improve and tends to grow more optimistic. As was expected, such […]
USDCAD Flirts With Bullish Cross Within SMAs, Neutral Mode
<p>USDCAD found strong resistance near 1,4150 and reversed south again, retaining its neutral structure in the short-term picture. Currently, the price is eating a portion of its bold gains it earned in the previous days and the RSI and the stochastics on the four-hour chart are pointing to a negative session as they are decelerating. [&helli
EUR/USD back near daily lows as euro recovery fades
The intraday recovery of the EUR/USD pair was short-lived and it is back near daily lows. The move to the upside found resistance below 1.0890 and as
Fed's Evans: Businesses need grants, not just loans
It's reasonable to assume a return to economic growth in the second half of the year, Chicago Federal Reserve Bank President Charles Evans said on Tue
S&P 500 Price Analysis: US stocks up, approaching 2900 resistance
The S&P 500 Index gapped down on Monday and found support near the 2800 figure. The market is printing higher highs and lows suggesting that the bullish recove
US, UK to carry out trade talks at accelerated pace
The United States and the United Kingdom announced the formal launch of trade negotiations in a joint statement on Tuesday and noted that they will ca
WTI extends rally to multi-week highs above $25 ahead of API data
Crude oil started the week on strong footing and the barrel of West Texas Intermediate (WTI) gained 19.3% on Monday before extending its rally on Tues
New Zealand GDT Price Index increased to -0.8% from previous -4.2%
New Zealand GDT Price Index increased to -0.8% from previous -4.2%
AAL Stock Price: American Airlines Group inc still from touchdown after Buffet's blow
"I wish them luck" – the words of legendary investor Warren Buffet, owner of Berkshire Hathaway on the airline industry, are taking their toll. Buffet