|Day's Range||98.03 - 98.74|
|52 Week Range||93.81 - 99.37|
Is there a global bond bubble? Portfolio Manager Charlie Bobrinskoy says “Yes,” warning that recession fears are fueling it. Charlie Bobrinskoy, Ariel Investments Vice Chairman Head of Investment Group, joins Yahoo Finance’s
In a Medium post on Thursday, Sen. Elizabeth Warren announced a new plan that would expand social security benefits by raising taxes on the top 2% of earners in the U.S. Yahoo Finance's Myles Udland, Jen Rogers and Andy Serwer break it down on The Final Round.
The Trump Administration is scheduled to impose a second round of 15% tariffs on roughly $160 billion of imports at the end of the year. Brandywine Global Portfolio Manager Jack McIntyre says he doubts the December tariffs will even happen. He joins Yahoo Finance's Adam Shapiro, Julie Hyman, and Heritage Capital President Paul Schatz to discuss.
Many of us are waiting to see how the markets will react to the fed's anticipated cut in interest rates next week. Edward Jones Investment Strategist Kate Warne says investors shouldn't concern themselves with problems that haven't happened yet overall and should stay invested "despite the uncertainty." She joins Yahoo Finance's Adam Shapiro, Julie Hyman, Andy Serwer, and Brian Sozzi to discuss.
Uncertainty over how the U.S will respond to the attacks on Saudi oil feeds could leave the markets tentative ahead of tomorrow’s FOMC decision.
Based on the early price action and the current price at 98.145, the direction of the December U.S. Dollar Index the rest of the session on Monday is likely to be determined by trader reaction to the pivot at 98.115.
Attacks on Saudi oil fields drove demand for the Yen and the Loonie as oil prices surged. Johnson is in focus later today and the GBP needs progress.
It’s risk-on through the Asian session as the markets respond to the ECB move. On the day ahead, the focus will be on Brexit and U.S retail sales figures.
The U.S. President has called on the Fed to reduce the key rate to zero or even lower so that the government could refinance its debt. In his latest attack on the Fed, Trump used his favourite method – raising the requirements above all rational levels to retreat and still win.
Based on the early price action and the current price at 98.640, the direction of the EUR/USD is likely to be determined by trader reaction to the short-term 50% level at 98.685.
Tensions between the U.S and China ease, supporting risk ahead of the heavily anticipated ECB monetary policy decision later today.
The Aussie Dollar takes another hit this morning. With stats on the lighter side on the day ahead, the focus will remain on Brexit and monetary policy.
Based on the early price action and the current price at 98.395, the direction of the September U.S. Dollar Index on Tuesday is likely to be determined by trader reaction to the short-term 50% level at 98.350.
Based on the early price action and the current price at 98.390, the direction of the September U.S. Dollar Index on Monday is likely to be determined by trader reaction to the 50% level at 98.350 and the downtrending Gann angle at 98.330.
While German trade data could trouble the EUR, it’s all eyes on Parliament, which could be suspended as early as today. What’s next for Boris?
The main trend is up according to the daily swing chart. A trade through 99.330 will signal a resumption of the uptrend after a three day setback. A move through 97.370 will change the main trend to down.
The Canadian Jobs data recorded upbeat reports, pleasing the traders. After testing the overhead 50-day SMA last day, the Ninja took a U-turn to the downside.
It’s nonfarm payrolls. Impressive figures today, following a jump in service sector activity could question whether the FED will deliver…
Despite an adverse July Trade Balance data release, the Aussie pair bulls continued upliftment for the third day in a row. Meantime, Fiber kept the downtrend intact today.
Metals are mixed on the day, gold and silver are posting losses, but copper is extending its recovery from 2-year lows, while palladium and platinum are consolidating highs.