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Fed's Bullard sees financial crisis risks
Thu, 02 Jul 2020 07:56:11 GMT
 
James Bullard, the President of Federal Reserve Bank in St. Louis, warned that a surging number of bankruptcies caused by the coronavirus pandemic could trigger a financial crisis. >>
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USD/CAD awaits NFP
Thu, 02 Jul 2020 07:34:46 GMT
 
The US Dollar has surged by 53 pips or 0.39% against the Canadian Dollar since yesterday's trading session. The currency pair tested a resistance cluster formed by the 50– and >>
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AUD/USD two scenarios likely
Thu, 02 Jul 2020 07:10:17 GMT
 
The Australian Dollar surged by 44 pips or 0.65% against the US Dollar on Wednesday. The currency pair tested the 0.6940 level during yesterday's trading session. >>
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McDonald's to delay US dine-in service reopening
Thu, 02 Jul 2020 06:44:20 GMT
 
McDonald's is planning to pause its dine-in service reopening in the US by 21 days due to an increase in the number of COVID-19 cases, despite being hurt by the >>
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PG&E exits Chapter 11 bankruptcy
Thu, 02 Jul 2020 06:37:04 GMT
 
The utility PG&E Corp has emerged from the Chapter 11 bankruptcy, ending drawn-out restructuring process triggered after the company's equipment sparked California's deadliest wildfires. >>
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EUR/JPY could still edge higher
Thu, 02 Jul 2020 06:36:29 GMT
 
During the first part of Wednesday's trading session, the common European currency declined by 102 pips against the Japanese Yen. But, the currency pair recovered some of the lost points >>
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GBP/JPY 4H: Breakout occurs
Thu, 02 Jul 2020 04:53:28 GMT
 
The British Pound has surged by 222 pips or 1.68% against the Japanese Yen since June 26. The currency pair breached the upper boundary of a descending channel pattern during >>
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AUD/JPY 4H Chart: Buying signals
Thu, 02 Jul 2020 04:51:41 GMT
 
The Australian Dollar has surged by 2.66% against the Japanese Yen since June 20. The currency pair breached the 50– and 100– period simple moving averages during this period. >>
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Fed comments on policy
Thu, 02 Jul 2020 04:40:53 GMT
 
On Wednesday, the US Federal Reserve Policymakers revealed that they would most likely stick to keeping inflation near the two percent level. >>
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US Dollar declines
Thu, 02 Jul 2020 04:31:14 GMT
 
During late Wednesday's trading hours, the US Dollar declined in value against peer currencies, as good European data attracted assets to the Euro. >>
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US stocks surge on Wednesday
Thu, 02 Jul 2020 03:31:12 GMT
 
During Wednesday's US trading hours, US stocks closed higher, as there were hopes in the news feeds of a coronavirus vaccine. >>
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Apple closes down stores
Wed, 01 Jul 2020 20:41:25 GMT
 
Apple Incorporate announced on Wednesday that it would re-close seven stores in the US, which brings the total number of closed stores to 77. >>
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Fed's Daly views five-year recovery
Wed, 01 Jul 2020 19:42:40 GMT
 
On Wednesday, Mary Daly, Federal Reserve Bank's President in San Francisco, stated that she was expecting up to five years of the US economic recovery in the best-case scenario, anticipating >>
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Zoom adds over 100 new tools
Wed, 01 Jul 2020 18:42:41 GMT
 
Zoom Video Communications has added more than 100 new features to the video conferencing platform on the back of the 90-day plan aimed at addressing privacy and security concerns. >>
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VW, Continental searched amid diesel probe
Wed, 01 Jul 2020 17:42:57 GMT
 
German prosecutors searched offices of Volkswagen and car supplier Continental as part of the extended diesel emissions probe, both companies announced on Wednesday. >>
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