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US Equity Futures Edge Slightly Higher Pre-Bell as Tech Stocks Rebound, Oil Prices Decline
US equity futures were slightly higher pre-bell Wednesday as technology stocks rebounded after a bro...
Stocks Mostly Up Pre-Bell Ahead of Micron's Latest Financial Results
US stock futures were mostly trending higher on Wednesday as markets looked to recover from the prev...
Tech stocks rebound ahead of Micron Q3 earnings results
Nasdaq 100 futures rose 0.5% in premarket trade after a two-day semiconductor selloff, with oil also...
NZD/USD Price Forecast: Kiwi eases to 0.5850 in cautious markets
The New Zealand Dollar (NZD) is pulling back against the US Dollar (USD) on Tuesday, trading right above 0.5850 at the time of writing, down from Monday’s highs at 0.5880.
US Dollar Index Price Forecast: Fresh upside likely if it breaks above 99.40
The US Dollar (USD) recovers on Tuesday after a sharp corrective move the previous day amid firm expectations that the Federal Reserve (Fed) will not cut interest rates this year.
Norwegian Krone: Energy shock supports strength – Commerzbank
Antje Praefcke at Commerzbank highlights that the Norwegian Krone (NOK) has outperformed Euro (EUR) and US Dollar (USD), helped by Norway’s status as a net Oil and gas exporter during the Iran war.
S&P 500: Tech-led pullback after record highs – Deutsche Bank
Deutsche Bank’s Jim Reid reports that the S&P 500 slipped slightly, recovering late in the session after Trump called off planned strikes on Iran.
Asian FX: Breather as Oil and yields ease – OCBC
OCBC’s FX Strategist Christopher Wong highlights that Asian FX has seen a modest stabilisation after an oil- and rates-led sell-off, helped by softer Brent and a pause in United States (US) yield gain ...
USD/CAD Price Forecast: Trades firmly near 50% Fibo retracement at 1.3760, Canada CPI data awaited
The USD/CAD pair trades marginally higher to near 1.3750 during the European trading session on Tuesday.
British Pound nears the 1.3400 area after higher UK unemployment figures
The British Pound (GBP) drifts further from Monday’s highs near 1.3450 against the US Dollar (USD) on Tuesday, reaching session lows a few pips above 1.3400 at the time of writing.
British Pound stays on the back foot against Euro after mixed UK employment details
The EUR/GBP cross attracts some dip-buyers on Tuesday, stalling the previous day's sharp retracement slide from the 0.8730 area, or the highest since April 7.
Euro: Downtrend versus US Dollar intact with key 1.1600 level – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report EUR/USD has rebounded from 1.1607 but expects further gains to face strong resistance at 1.1685 in the near term.
NVIDIA earnings loom: A closer look at expectations
The Q1 earnings cycle continues to roll along, with this week’s reporting docket highlighted by none other than AI favorite NVIDIA (NVDA). The release will wrap up the reporting cycle for the broader ...
United Kingdom Unemployment Rate rises to 5.0% in March vs. 4.9% expected
The United Kingdom’s (UK) ILO Unemployment Rate climbed to 5.0% in the three months to March after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) sh ...
Indian Rupee continues to underperform amid elevates oil prices
The Indian Rupee (INR) holds onto its 10-day losses against the US Dollar (USD) in the opening session on Tuesday.