News
• EURGBP reversed from support level 0.8590 • Likely to rise to resistance level 0.8700 EURGBP currency pair recently reversed up from the key support level 0.8590 (former resistance from July), standing near the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March. The upward reversal from the support […]
Natural-gas futures climbed by almost 12% on Monday, cutting their loss for the month, with volatility high as traders continued to keep an eye on U.S. supply levels for the winter heating season. December natural gas NGZ22, +11.22% rose 67 cents, or nearly 11.8%, to settle at $6.355 per million British thermal units on the […]
Bitcoin (BTC) begins a key week of internal and macroeconomic events still trading above $20,000. After its highest weekly close since mid-September, BTC/USD remains tied to higher levels within a macro trading range. The bulls have been keen to shift the trend entirely, while warnings from more conservative market participants continue to call for macro […]
keep them on track to be the S&P 500’s SPX, -0.49% best October performer with a month-to-date gain of 50.6%. The rally comes as maker of glucose monitoring systems reported last week third-quarter results that beat expectations and got a boost from the Centers for Medicare and Medicaid Services’ issuing a proposal that would expand […]
President Joe Biden on Monday will speak about major oil XLE, +0.90% companies’ record-setting profits, “even as they refuse to help lower prices at the pump for the American people,” the White House announced. Biden’s remarks are scheduled for 4: 30 p.m. Eastern in the Roosevelt Room of the White House, and come just over […]
The U.S.-listed shares of Pandora A/S PANDY, -3.68% ds:pndora dropped 2.6% in morning trading Monday, after the Denmark-based jewelry company said its European distribution center in Germany was affected by fire over the weekend. The company said the fire has been extinguished. Pandora said it was assessing any potential impact on revenue from the fire, […]