In this article JBLU Follow your favorite stocksCREATE FREE ACCOUNT A JetBlue Airways plane prepares to take off from the Fort Lauderdale-Hollywood International Airport on January 31, 2024 in Fort Lauderdale, Florida. Joe Raedle | Getty Images JetBlue Airways shares tumbled Tuesday after the carrier’s financial outlook disappointed investors. The New York-based airline forecast its
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Here is what you need to know on Tuesday, January 28: Following Monday’s choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump’s latest comments on tariffs. Later in the day, December Durable Goods Orders and the Conference Board’s Consumer Confidence Index data for January will
As markets gear up for a week dominated by central bank meetings including Fed and ECB, sharp selloff in US tech stocks has stolen the spotlight. NASDAQ futures dropped more than -2%, triggering mild safe-haven flows into Yen, U.S. Dollar, and Swiss franc. Meanwhile, commodity currencies like Aussie and Kiwi suffered as risk sentiment deteriorated.
In the text from the kickstart post released earlier today, I noted: EUR/USD: The pair moved lower in the early Asian session but found support from buyers within a key swing area and the 61.8% retracement of the move down from the December high, between 1.0448 and 1.0461. Buyers regained control, pushing the price back
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
Gold prices firmed on Tuesday as focus shifted to the Federal Reserve‘s first meeting of 2025, while investors try to decipher how U.S. President Donald Trump‘s policies will impact the U.S. central bank’s views on growth and inflation. FUNDAMENTALS * Spot gold held its ground at $2,742.49 per ounce, as of 0101 GMT. U.S. gold
The US Dollar began the new trading week on the back foot as market participants continued to digest the narrative of further tariffs from the Trump administration, while investors started gearing up for the FOMC meeting on Wednesday. Here is what you need to know on Tuesday, January 28: The US Dollar Index (DXY) printed
Markets opened the week with a dramatic shift in risk sentiment as last week’s record-breaking highs in US equities gave way to sharp declines, driven by tech sector rout. Concerns over US dominance in artificial intelligence surfaced after Chinese startup DeepSeek unveiled a competing AI assistant, leading to fears of heightened competition. Nvidia saw its
Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024. John Macdougall | Afp | Getty Images Budget airline Ryanair on Monday reported stronger-than-expected after-tax profit for the December quarter, but once more cut its passenger traffic goal for the
The USD/CHF has moved lower, breaking below the 38.2% retracement of the December low-to-high move at 0.90209, which now acts as key resistance. Staying below this level reinforces the bearish bias, while a return above could frustrate sellers. Following the break, the price targeted the 50% retracement at 0.89655, finding initial buyers there during the
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
Gold February futures contracts at MCX were slightly down on Monday, trading at Rs 79,813 per 10 gram, falling by 0.27% or Rs 213 while silver March futures contracts were trading at lower by 1% or Rs 919 at Rs 90,680/kg, around 10:30 am today. Gold and silver gained last week amid Trump’s fight for
Gold price kicks off the new week on a weaker note amid a modest USD recovery. Fed rate cut bets and sliding US bond yields might cap any further USD move up. Renewed trade war fears could help limit losses for the safe-haven XAU/USD pair. Gold price (XAU/USD) maintains its offered tone heading into the
In this article .FKRX300 Follow your favorite stocksCREATE FREE ACCOUNT SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one
In trading today, the price of the AUDUSD moved above the 38.2% of the move down from the end of November high at 0.6290 along with the swing area between 0.6287 and 0.63016. The break is more bullish. Moreover, the price correction in the early US trading today, fell and tested the high of that
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
Oil prices fell more than 1% on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office. Brent crude futures dropped 87 cents, or 1.11%, to $77.63 a barrel by 0043 GMT after settling up
Pair jumps 0.42% to 0.6315 on Friday, buoyed by broad risk appetite. Trump expresses willingness to avoid tariffs on China, offers trade deal hints. Fed rate cut bets and upbeat sentiment pressure the US Dollar. Traders assess the latest US PMI data amid a potential shift in risk dynamics. AUD/USD attracted buyers on Friday after
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