Dollar Just Lower; Treasury Yields and Powell in Focus

© Reuters. By Peter Nurse Investing.com – The dollar edged marginally lower Thursday, pausing its recent rebound from near three-year lows on the back of higher U.S. yields as traders expect further measures. At 3:55 AM ET (0755 GMT), the , which tracks the greenback against a basket of six other currencies, was down just […]

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USD/JPY climbs to 104.00 but the hard part is just getting started for buyers

USD/JPY extends its good form this week to touch 104.00 For bank trade ideas, check out eFX Plus Higher yields continue to fuel gains in the pair (and yen crosses in general) this week, with price now hitting 104.00 for the first time since 15 December. While the push higher this week has been encouraging […]

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Analysis-For Peugeot and FCA, completing their merger is just the start

2/2 © Reuters. FILE PHOTO: Carlos Tavares, chief executive officer of PSA Group, speaks during the annual results news conference at their headquarters in Rueil-Malmaison, near Paris 2/2 By Gilles Guillaume, Giulio Piovaccari and Nick Carey PARIS/MILAN/LONDON (Reuters) – When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he […]

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Tesla 2020 deliveries beat estimates, but fall just short of Musk’s target

© Reuters. FILE PHOTO: CEO of Tesla Motors Elon Musk poses during a television interview after his company’s initial public offering at the NASDAQ market in New York (Reuters) – Tesla (NASDAQ:) Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year […]

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Dow closes at the highest level since February 24, and just 2.6% from unchanged on the year

Dow and S&P are up for the 7 days in a row The Dow industrial average led the way for stocks to the upside with a 1.3% gain.  The Dow index close at the highest level since February 24th and is just 2.6% from unchanged on the year.  Both the Dow and S&P have closed […]

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Point/Counterpoint: As Apple Nears $2 Trillion Value, Just Right or Too Hot?

© Reuters. By Liz Moyer and Yasin Ebrahim Investing.com — Strange times have set in on Wall Street. . . Valuations appear to have been banished. “Buy the dips” are in. And if all else fails, the “Fed has your back,” has been running narrative among investors both new and old. The remarkable rise in Apple’s […]

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