Day: February 24, 2022
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by about 6 million barrels for the week ended Feb. 18, according to sources. The API, which released its data a day later than usual due to Monday’s Presidents’ Day holiday, also reportedly showed a weekly inventory increase of 427,000 barrels for gasoline, […]
Shares of Noodles & Co. NDLS, -5.43% fell more than 20% in the extended session Wednesday after the restaurant chain reported a surprise quarterly loss and revenues that missed expectations, saying it faced staffing shortages and other challenges related to a COVID-19 surge late last year. Noodles & Co. said it lost $4.7 million, or […]
EURUSD, “Euro vs US Dollar” EURUSD is consolidating around 1.1324. Possibly, today the pair may fall to break 1.1284 and then continue trading downwards with the target at 1.1255. GBPUSD, “Great Britain Pound vs US Dollar” Having reached 1.3540 and then completed the correction at 1.3585, GBPUSD is consolidating below the latter level. Possibly, the […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, after breaking the 200-day Moving Average, USDJPY is trading above it, thus indicating an ascending tendency. In this case, the price is expected to break 7/8 and then grow to reach the resistance at 8/8. However, this scenario may no longer be valid if the […]
NZDCAD Breaks OutThe rally in NZD on the back of the February RBNZ meeting overnight has seen the NZDCAD breakout idea from .8553 hitting its first target at .8631. With the retail market heavily short the pair and with both MACD and RSI bullish here, the focus is on a continuation higher while 8553 holds, […]
NZD In The Driving SeatThe New Zealand Dollar has been the strongest performer across the European open today, extending the rally seen over the Asian session in response to the latest RBNZ meeting. As expected, the RBNZ hiked rates again overnight, marking the third consecutive rate rise, to take the bank’s headline rate back up […]
More businesses are expressing interest in accepting cryptocurrency payments and holding digital assets in their strategic reserves. 2122 Total views 43 Total shares USD Coin (USDC) operator Circle has launched a new account service aimed at helping businesses transact in cryptocurrencies — potentially opening the door to wider mainstream adoption of digital assets. The new […]
Wendy’s Co. WEN, -1.65% said late Wednesday its board of directors has authorized an increase of about 4% in the company’s quarterly dividend to 12.5 cents from 12 cents. The increase is effective with the next quarterly dividend payment on March 15 to shareholders of record as of March 7. “Our strong liquidity position, along […]
Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Richard D. Neal of North Carolina and his company Golden Signals LLC, a formerly registered North Carolina limited liability company, for engaging in fraud while acting as a commodity trading advisor (CTA) and commodity pool operator (CPO), for […]
