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Friday, September 20, 2024

American Market Recap: Qualcomm has approached Intel about a takeover in recent days

Qualcomm has approached Intel about a takeover in recent days

Shares of Intel are trading up 5.82% after reports from the WSJ that Qualcomm approached the company about a takeover in recent days. The shares of Intel are down in 2024 from an end of year closing l... 

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EURUSD held the support outlined in the morning kickstart video and bounced. What next?

Earlier today, in the kickstart video , I outlined the following key support level for the EURUSD. That level was shown and outlined between 1.1131 and 1.11399. Here is that clip.... So what happened?... 

Fed Harker: There is a risk that inflation decline could stall

Fed's Harker who has already spoken earlier today, is back on the wires saying: There is a risk that inflation decline could stall There is a risk that labor market could soften... 

Crude oil futures settled up $0.16 at $71 a barrel

The price of the WTI crude oil futures are settling up $0.16 and $71 a barrel. The high price today reached $71.41. The low price was at $70.40. Oil prices rebounded above $70.00, a level that has lar... 

NASDAQ index down 100 points or -0.55%

The NASDAQ index is down -100 points or -0.55%. The prices back down testing the low price from yesterday near 17909.75. Early today, the price fell below that level on its way to fill the gap from We... 

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Latest Forex Orders

FX option expiries for 20 September 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD and layered between 1.1150 and 1.1200. Given the more muted action so far, the expiries could kee... 

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