Mark Carney, former governor of the Bank of England and the Bank of Canada, is about to become the next Prime Minister of Canada. However, his rise does not seem to be good news for Bitcoin (BTC), as he has been a constant critic of cryptocurrencies. On March 9, Carney won a resounding victory with […]
Today’s Stocks to Watch: DoorDash, Tesla, and Robinhood
Key Points To Watch Out For: DoorDash (DASH): Boost After Joining the S&P 500 DoorDash shares rose more than 4% in premarket trading after S&P Dow Jones Indices confirmed its addition to the S&P 500 on March 24. Tesla (TSLA): Challenging Year and Premarket Decline Tesla dropped more than 2.5% in premarket trading, extending its […]
U.S Stock Futures Decline, Recession Fears Grow
U.S. stock index futures fell on Monday, extending last week’s selloff as investors remained cautious about the economic impact of President Donald Trump’s tariff policies. As of 05:25 ET (10:25 GMT): Stocks Under Pressure After Heavy Weekly Losses Major U.S. stock indexes posted steep declines last week after Trump imposed 25% tariffs on Mexico and […]
Dollar Recovers After the Fall, Euro Declines Following Weekend Gains
The U.S. dollar edged higher on Monday, recovering from a four-month low, though it remained under pressure amid concerns that the Trump administration’s trade policies could weigh on economic activity in the world’s largest economy. As of 04:10 ET (09:10 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, […]
Daily Technical Analysis: EUR/USD Holds Above 1.0850 Amid US Growth Uncertainty
EUR/USD kicked off the week on a positive note, trading near 1.0860. The pair’s upward momentum is fueled by growing concerns over a potential slowdown in the US economy. On Sunday, San Francisco Fed President Mary Daly noted that rising uncertainty among businesses could weaken demand but does not warrant an immediate change in interest […]
Mastering Day Trading: A Strategic Guide for Experts
ImaImagine capitalizing on every investment decision within hours. That’s exactly what day trading offers—an intriguing yet often misunderstood method in the world of finance. It’s not just about buying low and selling high; it demands precision, speed, and a deep understanding of market psychology. What is Day Trading? Day trading refers to the practice of […]
Today’s Stocks to Watch: Nvidia, GM, and Rheinmetall
Key Points To Watch Out For: Nvidia (NVDA), Broadcom (AVGO), Micron (MU): Rebound in Semiconductors Shares in Nvidia, Broadcom, and Micron climbed in premarket trading, driven by the rebound of chipmakers with links to artificial intelligence. The sector has suffered recently due to concerns over tariffs and export restrictions. Ford (F), General Motors (GM), Stellantis […]
US Stock Futures Rise on Confidence in Tariff Negotiations, Services ISM Scheduled
Futures for the main US stock market indexes rebounded on Wednesday, recovering from recent losses on speculation about a possible compromise on the trade tariffs imposed by President Donald Trump on neighboring countries. At 05:20 ET (10:20 GMT), Dow Jones futures were up 255 points (+0.6%), S&P 500 futures were up 40 points (+0.7%), and Nasdaq […]
Dollar Continues to Fall Due to Trade Jitters, Euro Benefits from Talks About Stimulus
The U.S. dollar weakened further on Wednesday, hitting a three-month low as concerns grew that a trade war triggered by President Donald Trump could weigh on the world’s largest economy. Meanwhile, the euro surged on expectations of significant fiscal stimulus in Europe. As of 04:00 ET (09:00 GMT), the Dollar Index (DXY)—which measures the greenback […]
Daily Technical Analysis: EUR/USD Rises Above 1.0400 Ahead of European Inflation Indicators
The EUR/USD pair experienced a strong rebound on Tuesday, gaining 1.4% and adding 140 pips in a single session. The decline of the U.S. dollar fueled the euro’s rise as markets speculated on the possibility that President Donald Trump might reconsider his tariff threats. Trade War Takes Center Stage In line with his unpredictable style, […]