The US dollar rose slightly on Wednesday in a cautious trading environment ahead of the Federal Reserve’s policy decision, while the euro weakened with the European Central Bank (ECB) meeting scheduled for Thursday. The dollar index, which tracks the US dollar against a basket of six other currencies, was trading around 0.2% higher at 107.850, […]
Daily Technical Analysis EUR/USD: Setbacks on the Eve of the Federal Reserve Interest Rate Meeting
The EUR/USD pair trimmed its gains of recent weeks on Tuesday, losing six-tenths of a percent and retreating slightly toward the 1.0400 level, as markets brace for another Federal Reserve meeting on Wednesday. Markets overwhelmingly expect the Fed to keep interest rates steady in January, although investors will be watching not only Fed Chairman Jerome […]
Today’s Stocks to Watch: Nvidia and Boeing
Key Points To Watch Out For: Nvidia (NVDA) and Broadcom (AVGO): Tech Stocks Face Pressure Shares of Nvidia and Broadcom opened higher but remain significantly below Friday’s closing prices. The decline stems from the emergence of Chinese AI firm DeepSeek, which wiped out over $590 billion of Nvidia’s market value on Monday. Meanwhile, Broadcom tumbled […]
US Stock Futures Rise, Federal Reserve Meeting in Focus, Tech Sector Rebounds
U.S. stock index futures edged higher on Tuesday, with the technology sector recovering after the previous session’s sharp decline, triggered by concerns over Chinese artificial intelligence startup DeepSeek. Meanwhile, investors turned their attention to the Federal Reserve’s latest monetary policy meeting. Dow Jones futures rose 30 points, or 0.1%, S&P 500 futures gained 25 points, […]
Dollar Gains on Renewed Tariff Talks, Euro Eyes ECB Meeting
The US dollar rose on Tuesday, rebounding after last session’s losses as a result of a sell-off in technology stocks, driven by growing concerns about trade wars and their impact on global growth. The dollar index, which tracks the greenback’s performance against a basket of six major currencies, increased 0.5% to 107.725, although it remained […]
Outlook for Week of January 27 – 31
Key Points to Watch Out For: Fed Expected to Pause Rate Cuts as Trump’s Second Presidency Begins The Federal Reserve will take the spotlight this week, as it convenes for its first monetary policy meeting of the year. While the European Central Bank (ECB) and the Bank of Canada are expected to continue easing, the […]
Poland Increases Its Presence in the Bitcoin ATM Market
Poland has climbed the global rankings for Bitcoin ATMs, overtaking El Salvador to become the fifth-largest country in the world for the number of these devices. As of January 27, Poland added 10 new Bitcoin ATMs, raising its total to 219. This marks significant progress, placing it behind only the United States, Canada, Australia, and […]
Today’s Stocks to Watch: Nvidia, SoFi, and U.S. Steel
Key Points To Watch Out For: Nvidia (NVDA): Impact of the Rise of AI Shares in Nvidia, a leading company in the semiconductor sector, dropped more than 8% in pre-market trading. This decline was triggered by concerns about emerging competition from Chinese start-up DeepSeek, which specializes in artificial intelligence. The downturn also affected other global […]
Nasdaq Futures Plummet 4%, Technology Sector Hit Hard by Chinese AI Measures
US stock index futures fell sharply on Monday, with the technology sector suffering significant losses as investors assessed the competitive threat posed by Chinese artificial intelligence start-up DeepSeek in a highly valued industry. Dow Jones futures were down 433 points, or 1%, S&P 500 futures were down 144 points, or around 2.4%, and Nasdaq 100 […]
Dollar Gains Ground Amid Tariff Concerns, Euro Looks Toward ECB Meeting
The US dollar gained on Monday, recovering from recent losses as attention turned back to the potential for trade tariffs under the Trump administration at the start of a week in which the Federal Reserve is set to hold its monetary policy meeting. The dollar index, which analyzes the behavior of the greenback in comparison […]