Month: August 2024

In this article EAT Follow your favorite stocksCREATE FREE ACCOUNT Chili’s Grill & Bar and restaurant entrance in Orlando, FL. Jeff Greenberg | Universal Images Group | Getty Images An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of
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The Mexican Peso reclaimed higher ground against the US Dollar on Thursday. The Greenback sold off after Retail Sales surged in the US. Markets still see a September Fed rate cut, but strong Retail Sales shed slowdown fears. The Mexican Peso (MXN) climbed three-quarters of a percent against the US Dollar (USD) on Thursday after
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The US markets reacted positively today to stronger-than-expected retail sales data, which posted its fastest growth in a year and a half. Additionally, better-than-expected jobless claims numbers helped alleviate concerns about weaknesses in the employment market. The robust rally in US futures, along with rising yields and a stronger Dollar, suggests that traders have temporarily
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The currency market is in a tug-of-war today. The US dollar is getting help from rising Treasury yields but is under pressure from improving risk appetite. That’s created a bifurcation trade as USD/JPY holds onto its gains while the US dollar gives back post-data gains against the pound and commodity currencies. GBP/USD dropped on better
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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In this article FLTR-GB DKNG Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs on the wall in the reception area at Fanduel Inc.’s offices in Edinburgh, U.K., on Tuesday, Feb. 7, 2017.  Chris Ratcliffe | Bloomberg | Getty Images Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8%
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EUR/GBP rose to 0.8580, overcoming a key resistance level. Softer UK inflation data suppressed Pound Sterling during Wednesday’s session. Markets are strongly considering a cut in September by the BoE. Wednesday saw the EUR/GBP pair rise towards 0.8580, with softer-than-expected inflation data from the UK weighing on Pound Sterling. This contrasts Tuesday’s movements, when the strength
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