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EURUSD, “Euro vs US Dollar” Having completed the descending wave at 0.9639 along with the ascending structure towards 0.9777, EURUSD is consolidating around the latter level. If later the price breaks the range to the upside, the market may start a new growth to reach 0.9940 and then resume trading downwards with the target at […]

BRENT In the H4 chart, after breaking the 200-day Moving Average once again, Brent is trading above it to indicate a possible ascending tendency. The Relative Strength Index has also broken the descending trendline. In this case, the pair is expected to test 7/8 (96.88), break it, and then continue growing towards the resistance at […]

Atlanta Federal Reserve President Raphael Bostic said on Friday that he’s “publicly posting corrected annual disclosure forms for every year I have been in office as president” because he had improperly disclosed financial transactions. “I want to be clear: at no time did I knowingly authorize or complete a financial transaction based on nonpublic information […]

Kimco Realty Corp. KIM, -1.96% said Friday that it sold off more than a quarter of its stake in Alberstons Companies Inc. ACI, -8.45%, after Albertsons announced the deal to be acquired by Kroger Co. KR, -7.32% in a deal valued at $24.6 billion. Kimco said it sold 11.5 million Albertsons shares to generate proceeds […]

Wells Fargo & Co. shares WFC, +1.86% rose 2% in premarket trade Friday, after the bank posted stronger-than-expected revenue for the third quarter, offsetting a profit miss. The bank posted net income of $3.528 billion, or 85 cents a share, for the quarter to end September, down from $5.122 billion, or $1.17 a share, in […]

JPMorgan Chase & Co. JPM, +1.66% shares rose 2.4% in premarket trades on Friday after the bank beat Wall Street targets for earnings and revenue. JPMorgan Chase said its third-quarter net income fell 16.7% to $9.74 billion, or $3.12 a share, from $11.69 billion, or $3.74 a share, in the year-ago quarter. Third-quarter revenue at […]