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Dow Jones Industrial Average recovers ground on shaky legs
a month ago
Dow Jones Industrial Average recovers ground on shaky legs
The Dow Jones Industrial Average (DJIA) recovered some lost ground on Friday, rebounding about 200 points to remain in contention with the 43,500 level before giving up and falling back to the day’s opening bids.
DowJones
Equities
SEO
Microsoft Hangs Up on Skype After 20 Years, Pushing Users to Teams
a month ago
Microsoft Hangs Up on Skype After 20 Years, Pushing Users to Teams
News Discussion Forum
By Finance Magnates
Microsoft Hangs Up on Skype After 20 Years, Pushing Users to Teams
For nearly two decades, Skype connected people across the world with free internet calls, revolutionizing communication long before video conferencing became mainstream.
Skype
microsoft
Deobanks: Fusing AI and Blockchain to Optimize Banking Efficiency
a month ago
Deobanks: Fusing AI and Blockchain to Optimize Banking Efficiency
News Discussion Forum
By Finance Magnates
Deobanks: Fusing AI and Blockchain to Optimize Banking Efficiency
The financial industry has always pursued efficiency — in time, cost, and personnel.
US President Donald Trump cancels signing ceremony with Ukraine
a month ago
US President Donald Trump cancels signing ceremony with Ukraine
A meeting between US President Donald Trump and Ukrainian leader Volodymyr Zelenskyy devolved into an argument on Friday.
OfficialTrump
UnitedStates
Ukraine
So much for the yield curve uninverting
a month ago
So much for the yield curve uninverting
Recession watch back on
Nasdaq index bounces after a successful test of the 200 day MA
a month ago
Nasdaq index bounces after a successful test of the 200 day MA
The price is back above the 38.2% at 18487.09. Staying above keeps the buyer in play today.
Nasdaq
EUR/USD Price Analysis: Pair stabilizes below 20-day SMA, sharp weekly decline
a month ago
EUR/USD Price Analysis: Pair stabilizes below 20-day SMA, sharp weekly decline
EUR/USD closed the week with a slight recovery but remains in a vulnerable position after failing to sustain gains above the 100-day Simple Moving Average (SMA).
EURUSD
Majors
Currencies
Atlanta Fed GDPNow tracker swan dives into recessionary territory
a month ago
Atlanta Fed GDPNow tracker swan dives into recessionary territory
Q1 GDP growth now forecast at -1.5%
Politics
Canada December FY YTD budget deficit at $21.72B vs $22.72B a year ago
a month ago
Canada December FY YTD budget deficit at $21.72B vs $22.72B a year ago
December balance a bit better than anticipated
GBP/USD struggles at 1.2600 set to first monthly gain since September
a month ago
GBP/USD struggles at 1.2600 set to first monthly gain since September
The Pound Sterling struggles to clear the 1.2600 figure against the US Dollar yet is set for it first monthly gain since September 2024.
GBPUSD
Currencies
Fundamental Analysis
Technical Analysis
US stock markets bounce but FX and bonds less convinced
a month ago
US stock markets bounce but FX and bonds less convinced
Some big moves in stocks but FX not joining in
Stocks
ECB: Keeping all options open – Rabobank
a month ago
ECB: Keeping all options open – Rabobank
A growing group of policymakers is calling for a pause soon, but this will not affect next week’s meeting, Rabobank’s Senior Macro Strategist Bas van Geffen reports.
ECB
InterestRate
Banks
AUDUSD moves to a new low as the trend lower this week continues
a month ago
AUDUSD moves to a new low as the trend lower this week continues
The price is looking to move below the 61.8% of the February trading range
AUD
USD
Will Solana Go Up? CME to Launch SOL Futures as Institutional Interest Rises
a month ago
Will Solana Go Up? CME to Launch SOL Futures as Institutional Interest Rises
News Discussion Forum
By Finance Magnates
Will Solana Go Up? CME to Launch SOL Futures as Institutional Interest Rises
The growing demand for regulated cryptocurrency investment tools has prompted CME Group to introduce Solana (SOL) futures. Pending regulatory approval, these new contracts will reportedly launch on...
solana blockchain
CME Group
Why Bitcoin Is Going Down: MetaMask Plans BTC, Solana with Gas-Free Transactions
a month ago
Why Bitcoin Is Going Down: MetaMask Plans BTC, Solana with Gas-Free Transactions
News Discussion Forum
By Finance Magnates
Why Bitcoin Is Going Down: MetaMask Plans BTC, Solana with Gas-Free Transactions
MetaMask plans to expand its network support and update its transaction features. It will integrate the Bitcoin network in the Q3 and Solana in May.
BTC
Bitcoin (BTC)
crypto
cryptocurrency
USD/CAD ticks lower after US PCE Inflation, Canadian GDP data release
a month ago
USD/CAD ticks lower after US PCE Inflation, Canadian GDP data release
The USD/CAD pair edges lower to near but holds onto Thursday’s gains around 1.4430 in North American trading hours on Friday.
USDCAD
Fed
Inflation
GDP
TradeWar
Canadian dollar strengthens, USDCAD faces resistance
a month ago
Canadian dollar strengthens, USDCAD faces resistance
The Canadian GDP was stronger and helped to push the pair lower
CAD
USD
US stocks set for modest gains at the open despite further Nvidia selling
a month ago
US stocks set for modest gains at the open despite further Nvidia selling
Shares of Nvidia down 2% pre-market after yesterday's 8% post-earnings dive
Stocks
US advance wholesale inventories +0.7% vs -0.5% exp
a month ago
US advance wholesale inventories +0.7% vs -0.5% exp
Wholesale and retail inventory data
Canada GDP for Q4 annualized 2.6% versus 1.8% estimate
a month ago
Canada GDP for Q4 annualized 2.6% versus 1.8% estimate
Canada G for the f4th quarter of 2024
US January PCE core +2.6% vs +2.6% expected
a month ago
US January PCE core +2.6% vs +2.6% expected
Highlights of the US January PCE report
EUR/JPY Price Forecast: Rallies to near 157.00 as Yen weakens across the board
a month ago
EUR/JPY Price Forecast: Rallies to near 157.00 as Yen weakens across the board
The EUR/JPY pair rallies to near 157.00 in the North American session on Friday.
EURJPY
ECB
BOJ
TradeWar
Inflation
GBP holds up well on the day – Scotiabank
a month ago
GBP holds up well on the day – Scotiabank
Pound Sterling (GBP) is the best performing G10 currency on the week but is still trading with a 0.3% loss against the generally firmer USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
US PCE and Canadian GDP are due at the bottom of the hour
a month ago
US PCE and Canadian GDP are due at the bottom of the hour
A pair of market movers coming up
economic calendar
Kickstart the FX day for Feb 28 with a technical look at the EURUSD, USDJPY and GBPUSD
a month ago
Kickstart the FX day for Feb 28 with a technical look at the EURUSD, USDJPY and GBPUSD
What technicals are driving the EURUSD, USDJPY and GBPUSD ahead of the US PCE data at 8:30 AM ET
EUR soft but off lows – Scotiabank
a month ago
EUR soft but off lows – Scotiabank
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise) while German regional CPI data support forecasts for steady to slightly lower German CPI data, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
CAD resists deeper USD advance through mid-1.44s – Scotiabank
a month ago
CAD resists deeper USD advance through mid-1.44s – Scotiabank
Right, so border tariffs are back on for next Tuesday. But maybe only for a short period? So much tariff-mongering, so little clarity, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Technical Analysis
Banks
USD extends gains as Asia FX underperforms – Scotiabank
a month ago
USD extends gains as Asia FX underperforms – Scotiabank
Solid gains for the US Dollar (USD) yesterday reflected renewed tariff concerns, weaker stocks and underperforming alternative havens, such as gold, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Technical Analysis
Banks
Germany annual CPI inflation holds steady at 2.3% in February as expected
a month ago
Germany annual CPI inflation holds steady at 2.3% in February as expected
Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), held steady at 2.3% on a yearly basis in February, Destatis' flash estimate showed on Friday.
Germany
Inflation
CPI
EconomicIndicator
Germany February preliminary CPI +2.3% vs +2.3% y/y expected
a month ago
Germany February preliminary CPI +2.3% vs +2.3% y/y expected
Latest data released by Destatis - 28 February 2025
US Dollar happy to head into the weekend at current levels
a month ago
US Dollar happy to head into the weekend at current levels
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, looks set to close off this week around 107.30, which is the level at the time of writing on Friday. The DXY tries to keep a hold on that level. Markets got shaken up again overnight as United States (US) President Donald Trump confirmed that tariffs for Canada and Mexico are going into effect on March 4. Meanwhile, China will face an additional 10% levy on the same day.
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
Levels
Trump Zelensky Meeting: How Should Investors Prepare?
a month ago
Trump Zelensky Meeting: How Should Investors Prepare?
The upcoming weekend meeting between Donald Trump and Volodymyr Zelensky is not just a diplomatic event—it carries major implications for capital markets. Some of the risk-off we've been seeing this week might be a lot about that potential risk, among other factors (like NVDA earnings on Wed night).
Politics
ForexLive European FX news wrap: Dollar remains steady going into February home straight
a month ago
ForexLive European FX news wrap: Dollar remains steady going into February home straight
Forex news from the European morning session on Feb 28, 2025
Session wrap
Wrap Europe
US futures hold up but we've seen this story before
a month ago
US futures hold up but we've seen this story before
Wall Street tends to have other ideas on how the state of play goes
Stocks
WTI retreats from $70 as Trump threatens additional 10% tariff on China
a month ago
WTI retreats from $70 as Trump threatens additional 10% tariff on China
West Texas Intermediate (WTI), futures on NYMEX, falls back to near $69.20 in European trading hours on Friday.
Oil
WTI
RussianFederation
TradeWar
UnitedStates
Bitcoin may find its dip only after another apx 25% drop. Here is the plan to buy (if so)
a month ago
Bitcoin may find its dip only after another apx 25% drop. Here is the plan to buy (if so)
The buyTheDip plan for bitcoin awaits that it will meet important key levels that have a reasonable chance to be a dip (the prices of the plan is in Bitcoin futures). I am not saying it will get there, but it does, then this is an interesting are: $63,035 - $59,120
buyTheDip
Bitcoin Technical Analysis
BTC