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FX Desk

Why is Garmin stock surging today?

See how FDA guidance on wearables could impact Garmin’s fitness segment growth by modeling regulatory scenarios on TIKR for free →

Why is Bureau Veritas stock rising sharply today?

This Monday, March 2, the Paris Stock Exchange begins the week in a climate of strong tension. At 10:17 AM, the CAC 40 drops 1.93% to 8,415.02 points, in a session marked by a dramatic imbalance: 36 s…

US Dollar: Long positioning faces FOMC risk – DBS

DBS Bank’s Philip Wee notes that Dollar bulls have built substantial long USD positions ahead of the FOMC, encouraged by Brent’s sharp rebound and expectations of a surprise rate hike by Chairman Kevi…

Iran's IRGC confirms striking US base in Jordan

In European trade on Wednesday, the Iranian Islamic Revolutionary Guard Corps (IRGC) announces that it fired several ballistic missiles at a United States (US) air base and the military Central Comman…

Canadian Dollar gains as oil prices rebound

USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, …

Japanese Yen holds ground despite rising oil prices

USD/JPY loses ground after registering minor gains in the previous day, trading around 163.70 during the Asian hours on Wednesday. The pair may regain ground as the Japanese Yen could come under press…

UN to hold informal polls for new UN chief from Thursday

Times are not easy for the United Nations. The concept of fostering peace, human rights, and economic development through international law and global cooperation remains as sound as ever. Yet the key…