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Russian Ruble Forecasted to Stay Strong, Supported by Exporters’ Revenue Repatriation and Stabilization of Crude Prices
Nov 13, 2023
The Russian ruble further strengthened against both USD and EUR on Monday, November 13, with USDRUB pair dropping t...
Morgan Stanley Earnings Fell 9 Percent, Stock Posted Its Worst Week for the Year
Oct 23, 2023
In Q3 2023, Morgan Stanley (MS) earnings fell 9% YoY to $13.3 billion as a result of investment banking and trading...
Earnings Coming This Week: Tesla, Bank of America, AT&T, Netflix, American Airlines and More
Oct 16, 2023
Earnings season begins this week, with reports from some of the world's best-known companies, including Elon Musk's...
Market Euphoria Empowers Fed to Keep Tightening, even Though NY Fed Recession Probability Index Flashing Red
Jul 27, 2023
As was expected, yesterday, on July 26, The U.S. Fed’s Open Market Committee, FOMC, decided unanimously to increase...
JP Morgan Beat Q1 Expectations by a Wide Margin
Apr 17, 2023
On Friday, JP Morgan Chase published its quarterly financial results. The details for JP Morgan:
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
Dow Jones U.S. Banks Index vs. Dow Jones Industrial Average Index: The Moment of Truth
Apr 11, 2023
NYT published a highly polemic article in the wake of the start of the U.S. quarterly reporting season, saying Wall...
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
Mar 23, 2023
EUR/USD has gained more than 100 pps at its peak and hit a monthly high above 1.0900. U.S. Treasuries rose after th...
Aussie Demonstrated Rare Breakout on Ambiguous News, but So Far Stays There
Jan 05, 2023
The Australian Dollar soared on Wednesday, January 4, making it one of the best-performing developed currencies.
DXY Dollar Index Rebounded to 104.40 Reflecting Worries over State of Global Economy by 2013 Yearend if Fed Keeps Hiking
Dec 15, 2022
The U.S. dollar, quite unexpectedly and contrary to the main market’s storyline, violently rebounded overnight.