Category: Forex

-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Free Trading Guides & Forecasts: https://www.dailyfx.com/free-trading-guides?CHID=9&QPID=30474 S&P 500, Nasdaq and EURUSD Talking Points: • GameStop continued to dominate the financial news cycle this past session as its rally was further accelerated after hours by another Midas market mover: Elon Musk• Despite the charge in heavily shorted shares, the broader indexes like the […]

Tesla missed on earnings but reported positive cash flow and said it expects to increase vehicle deliveries by 50% each year going forward. Read More: Tesla misses on earnings, expects 50% average annual growth in deliveries going forward

Apple reports a blowout first quarter, booking more than $100 billion in revenue for the first time. Read More: Apple reports blowout quarter, booking more than 0 billion in revenue for the first time

The United States Secretary of State Antony Blinken spoke with Philippine Foreign Minister Teodoro Locsin. State Dept statement: – "Secretary Blinken pledged to stand with Southeast Asian claimants in the face of PRC pressure"  This in reference to the United States rejecting China’s maritime claims in the South China Sea beyond what it is permitted […]

Forex news for Asia trading for Thursday 28 January 2021 USD/JPY extended its overnight rally, popping above the US high circa 104.20 and adding on just a few points to fall short of hitting 104.40 as I post. Read More: ForexLive Asia FX news wrap: USD/JPY edges higher

Read More: Dollar Up, Boosted by Lingering Excessive Valuations Concerns

Read More: Dollar rises as stock slump rattles investor confidence

Read more on https://www.fxstreet.com Read More: Ethereum Price Forecast: ETH on-chain metrics remain strongly bullish, upswing to ,500 eyed

Read more on https://www.fxstreet.com Read More: EUR/USD's options market positioning is stacked against euro

US Dollar strength continued after the Federal Reserve interest rate decision, sinking risk-sensitive currencies like the New Zealand Dollar as traders reassessed market conditions. Read More: NZD/USD, AUD/USD, USD/CAD Waver to FOMC-Induced Greenback Rally

All three major US indices tumbled on Wednesday as short squeezes in GameStop and AMC Entertainment appeared to have triggered broad selling on Wall Street. Apple and Facebook earnings beat expecta… Read More: S&P 500 Leads Nikkei 225, ASX 200 Lower as Volatility Spikes

Boeing’s loss worsened after the company pushed out the deliveries of its 777X plane to late 2023. Read More: Boeing posts record annual loss, pushes out 777X deliveries to late 2023

The evidence that this is forced liquidation The heavy selling in equities to me look like liquidation of longs to cover loses in shorts. The $GME squeeze alone might have caused more than $30 billion in losses. There are squeezes on other heavily-shorted stocks as well. Read More: This drop in stocks looks a lot […]

Weekly inventory data That’s a big draw in the headline and oil has jumped to $52.85 from $52.45. Private data from API yesterday: Read More: EIA weekly US crude oil inventories -9910K vs +1500K expected

Read More: Dollar Edges Higher; Fed Meeting in Focus

Read More: Dollar rises as investors back away from riskier currencies

Read more on https://www.fxstreet.com Read More: EUR/USD drops below 1.2100 as ECB sources hint at potential rate cut

Read more on https://www.fxstreet.com Read More: XRP price primed to retrace below {$permalink}.20 as Ripple faces a new lawsuit

The price of gold may continue to give back the rebound from the monthly low ($1803) as long as the weakness in longer-dated US Treasury yields persists. Read More: Gold Price Remains Vulnerable as US Treasury Yields Continue to Fall

USD/CAD pushed up to a fresh two-week-high ahead of the Federal Reserve rate decision – can bulls continue to push? Read More: Canadian Dollar Price Outlook: USD/CAD Breaks Out Ahead of the Fed

-Subscribe to DailyFX: https://www.youtube.com/DailyFXNews?sub_confirmation=1-Free Trading Guides & Forecasts: https://www.dailyfx.com/free-trading-guides?CHID=9&QPID=30474 S&P 500, Nasdaq and EURUSD Talking Points: • The new trading week opened to extraordinary volatility with sharpest intraday reversals from the likes of the S&P 500 and Nasdaq in months arising despite systemic traction• Gamestop was once again an extraordinary highlight with volatility that spoke […]

Shares of AMD are up 85% over the past year. Read More: AMD beats, driven by game console and PC sales

Shares of Starbucks have risen 13% over the last year, giving the company a market value of $123 billion. Read More: Starbucks tops earnings estimates even as U.S. recovery hurt by Covid resurgence

The rating agency on the implications ahead, in brief: Read More: Moody's on the EU-China agreement – mixed impact