Cable takes another peek above 1.3700, can buyers break through this time?

GBP/USD touches its highest levels since May 2018 For bank trade ideas, check out eFX Plus The pound is the standout performer on the session as cable climbs to a high of 1.3718 on the day, its highest levels since May 2018. The move here comes as the pound strengthens amid a breakdown in key […]

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Trump administration takes final swipes at China and its companies

2/2 © Reuters. FILE PHOTO: The third annual U.S.-Qatar Strategic Dialogue is held at the State Department in Washington 2/2 By Mike Stone, Alexandra Alper and David Brunnstrom WASHINGTON (Reuters) – The Trump administration in its waning days took another swipe at China and its biggest firms on Thursday, imposing sanctions on officials and companies […]

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Amid pandemic, earlier promotions, Black Friday takes new shape

2/2 © Reuters. Shoppers head to stores in search of Black Friday savings in Kentucky 2/2 By Melissa Fares NEW YORK (Reuters) – From Walmart (NYSE:) Inc to Best Buy, retailers have overhauled Black Friday shopping, with some assigning clerks in orange vests to serve as traffic cops, taking shoppers’ temperatures and offering “grab-and-go” merchandise, […]

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Mexico central bank takes gloomier view of economy in 2021

© Reuters. FILE PHOTO: The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City MEXICO CITY (Reuters) – Mexico’s central bank revised down its outlook for 2021 economic growth in a quarterly report published on Wednesday, but also tempered its most pessimistic views about growth this year […]

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Trump: Time will tell who takes office in January

Comments from the President: Administration will not put on a lockdown under any circumstances Economy is rebounding beyond any expectations Slaqui says he expects to have enough vaccine to immunize 20m Americans in Dec and 20m thereafter Slaqui: Two vaccines and two therapeutics may be granted emergency use authorization by year end This is a […]

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Oil Ends Volatile Week Facing Challenges to Come As Biden Takes Election Lead

© Reuters. By Barani Krishnan Investing.com – Oil prices fell on the day and rebounded on the week, exhibiting volatility unsurprising for the world’s most politically-sensitive commodity as Democrat Joe Biden appeared likely to take control of the White House amid vows by President Donald Trump to legally challenge the outcome. New York-traded , the […]

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Louisiana hunkers down as storm Zeta takes aim at state

© Reuters. FILE PHOTO: A man rides his bicycle while palm trees sway in the wind as Hurricane Zeta approaches Cancun By Erwin Seba (Reuters) – Louisiana prepared for the sixth lashing this year from a Gulf Coast system as Tropical Storm Zeta sped off the Yucatan Peninsula bringing high winds and rain to a […]

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Nasdaq climbs back higher and takes out the day’s high.

Looks toward the all time intraday high from yesterday at 11462.05 The NASDAQindex has climbed to a new session high, taking out the high price from earlier this morning at 11435.68. The high price just reached 11437.77. The next target comes in against the intraday high price from yesterday at 11462.05. That was also the […]

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