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There can be disadvantages to being the world’s most liquid currency. The Dollar’s intrinsic integration into the global financial system makes it particularly vulnerable when its fundamental health is shaken and the world is in a state of flux. That is where we find ourselves now...
hares of Citigroup Inc. (C) rose as much as 6.18% Wednesday, reaching a 4-month high of $44.49 after investors learned that Citigroup was the only one of the large major banks that didn't have its so-called "living will" rejected by the Federal Reserve and the Federal Deposit Insurance Corp...
Shares of Bank of America Corporation (BAC), the second-biggest U.S. lender by assets, are trading more than 1% lower than the pre-market session Thursday, after the bank reported a 13% year-over-year decline in the first-quarter profits, owing to weak trading and underwriting revenue...
This is what it looks like on the down side of the biggest oil boom in U.S. history. JPMorgan Chase & Co., Wells Fargo & Co., Bank of America Corp. and Citigroup Inc...
Oil prices fell more than 3 percent on Friday in thin trade as traders and analysts anticipated a meeting of major oil exporters would provide a floor for the market, but do little to help to clear global oversupply quickly...
Next week could be a big one for the EUR/GBP due to the large number of market-moving economic data from both the UK and the Eurozone, and the ECB’s policy meeting on Thursday...
Flows. Speculators have continued to unwind long USD bets and are less short EUR now; this increases the sensitivity of the cross to any impetus from relative rates. Valuation. Both our PPP and MEVA model suggest the mid 1...
Optimism is growing ahead of the important meeting in Doha on Sunday 17 April between the majority of the OPEC members and some non-OPEC producers. The producers are going to discuss a proposal by Russia, Saudi Arabia, Qatar and Venezuela to freeze output at the January level...
Price Action Strategy for SPX and DAX Talking Points: - The next couple of weeks can see considerable volatility in equities as we get deeper into earnings season in the United States and then see Central Bank meetings out of both the United States and Japan in the week after...
fter falling out of the limelight the past few trading sessions, the focus will turn again on the euro as the European Central Bank meets on Thursday and important sentiment surveys are due on Tuesday and Friday...
Not all traders are equal. According to Emolument.com data, having a certain type of job title could command greater earning power through wages and bonuses. But that's not to say that the lowest paid trader job earns peanuts — they still earn more in one year than some people do in a decade...
Analytical Review of the stocks of Honeywell International Inc. Honeywell International Inc., #HON [NYSE] Industrial goods, Diversified production, USA Financial performance of the company: Index – S&P 500; Beta – 1.14...
Brent: At the Level of 43.80 The spot-price of crude oil Brent has been at the level of 43.80 USD per barrel for the third consecutive day. This level is crossed by the moving average with the period 200 on the daily chart...
USD/СAD: Wave Analysis and Forecast for 15.04 – 22.04 USD/СAD: Downtrend continues. Estimated pivot point is at the level of 1.29. Our opinion: Sell the pair from correction below the level of 1.29 with the target of 1.27 – 1.26...
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: The break below 1.1310, the 21-dma, encourages our bearish view towards initial targets near 1.1210 and then the 1...
Draghi in a statement to IMFC: • Outlook for Eurozone is faced with uncertainty • We don't not currently see excesses in behaviour of banks • Eurozone economy on path for gradual recovery • Risks to growth on the downside The forecast is important because it means the ECB won't react when inflati...
Rebound in AUD/USD is probing upper part of a short term channel limit at 0.7720/0.7770. Daily RSI is diverging negatively showing possibility of a short term reaction. Retest of recent lows at 0.7490 can’t be ruled out. Graphical levels at 0.7390 will be an important short term support...
JPY non-commercial sector long positions at the CFTC are still at recent highs, and some investors may pull back ahead of BoJ April meeting, notes BTMU. "Fundamental and underlying flows still point to a USD/JPY drop...
The latest rally in risk has been attributed to abating fears about hard landing in China (where the Q1 GDP numbers came in line with expectations overnight) and the continuing recovery in the global commodity prices...
