Wall Street Week Ahead: With stocks at record highs, investors look to upcoming earnings

© Reuters. FILE PHOTO: FILE PHOTO: A sign for the Wall Street subway station is seen in the financial district in New York By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street is kicking off a crucial reporting season as U.S. companies provide quarterly results a year after the coronavirus pandemic crippled the economy and […]

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The NZD is the strongest and the CAD is the weakest ahead of the US jobs report

The USD is mixed The snapshot of the strongest to weakest ahead of the US jobs report is showing the NZD is the strongest, the CAD is the weakest. The USD is right in the middle with nearly equal gains vs losses vs the major indices. The USD is highest vs the CAD (at +0.14%) […]

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Pound’s Rally Can’t Halt Another Weekly Slump as Experts Flag Bumps Ahead

© Reuters. By Yasin Ebrahim Investing.com – The pound rose strongly against the dollar Friday on economic data showing U.K. retail sales rebounded last month, but cable is set to end a second-straight week in the red as experts flag speed bumps ahead. rose 0.42%, to $ 1.3789.  U.K. retail sales rose 2.1% last month […]

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Dollar Follows Bond Yields Lower After Powell Says No Liftoff Ahead

© Reuters. By Yasin Ebrahim Investing.com – The dollar slumped on Wednesday, paced by a decline in U.S. bond yields after the Federal Reserve kept rates on hold and projected no hikes through 2023. The , which measures the greenback against a trade-weighted basket of six major currencies, fell by 0.43% to 91.48 as the […]

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Big questions loom ahead of Biden’s next spending push, like ‘what is infrastructure?’

3/3 © Reuters. U.S. President Joe Biden hosts meeting on infrastructure with members of Congress at the White House in Washington 2/3 By Jarrett Renshaw and Trevor Hunnicutt (Reuters) – With a $ 1.9 trillion COVID relief package finally passed, U.S. President Joe Biden’s next big spending push is already on the horizon – repairing […]

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Treasury yields at the highs for the day ahead of North American trading

10-year Treasury yields are up over 7 bps at 1.612% Invest in yourself. See our forex education hub. The market managed to catch some relief over the past few days as 10-year Treasury yields eased lower from 1.60% on Monday to a low of around 1.48% yesterday. But when sentiment turns, it sure turns rather […]

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EUR/USD Set to Snap 4-Day Losing Streak on Dollar Weakness Ahead of ECB

© Reuters. By Yasin Ebrahim Investing.com – The euro looked set to snap its four-day losing streak against the greenback on Tuesday, shrugging off weaker eurozone fourth-quarter growth ahead of the European Central Bank meeting expected later this week. rose 0.50% to $ 1.1902. Eurozone quarterly GDP  was revised down to -0.7% in Q4 from […]

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Treasury yields stay on the retreat ahead of North American trading

10-year Treasury yields are down by nearly 7 bps to 1.521% Invest in yourself. See our forex education hub. The drop sees 10-year yields fall to their lowest since last Thursday, backing off from a test of 1.60% yesterday. The retreat in yields is keeping risk assets more buoyed with European indices holding modest gains […]

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