USDCHF ran lower this week and made bearish breaks. Can the sellers keep control.

4 hour chart shows the progression lower. The USDCHF this week trended lower and along the way, cracked below some downside technical levels.    Looking at the 4-hour chart above, the price started the technical breaks below an upward sloping trend line, fell below the 100 bar MA  (blue line) and then the 200 bar […]

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Boeing Edges Lower After Flagging Possible Production Issue in Some 737 MAX Jets

© Reuters. By Dhirendra Tripathi Investing.com – Boeing (NYSE:) shares turned negative in Friday’s premarket after the company flagged fresh problems with its troubled 737 MAX airliner. The airplane maker disclosed it had asked 16 customers to address a potential production issue related to an electrical power system in certain variants of the 737 MAX, […]

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Dollar Edges Lower; Trend Points Higher as U.S. Economy Recovers

© Reuters. By Peter Nurse Investing.com – The dollar handed back some gains in early European trading Wednesday as bond yields edged off highs, but remained in demand as fiscal stimulus and an aggressive vaccine rollout are seen prompting a strong U.S. economic recovery.   At 3:15 AM ET (0815 GMT), the , which tracks the […]

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Asian equities poised to seesaw as U.S. economic news pushes indexes lower

By Katanga Johnson WASHINGTON (Reuters) – Asian markets will likely open mixed on Thursday after global equities dipped and U.S. investors considered which stock market sectors would most benefit from strengthening growth. Concerns about extended economic lockdowns in Europe and potential U.S. tax hikes also weighed on investor sentiment. “Rising interest rates, uncertainty of tax […]

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AUD/USD trades little changed now after opening gap lower to start the day

AUD/USD trades to the highs of the day at 0.7735 after having opened the day with a gap lower at 0.7709 The jitters sparked by the lira plunge led to a gap higher in the dollar against most major currencies, with the aussie bearing the brunt of an early move thanks to a drop in […]

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Dollar Edges Lower; Remains Elevated as Yields Rise

© Reuters. By Peter Nurse Investing.com – The dollar edged lower in early European trading Friday, but remains at elevated levels, supported by higher Treasury yields following the Federal Reserve’s dovish stance. At 3:50 AM ET (0750 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, was down 0.2% […]

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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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