The Dow Jones buys a peace nobody has signed, and the chips take it back

The Dow Jones buys a peace nobody has signed, and the chips take it back

The Dow Jones Industrial Average trades near 52,200, up around 250 points, after a session that handed it the month’s cleanest bullish catalyst and then took most of it back. The peace bid carried the index to just short of 52,600 before a semiconductor sell-off with Chinese fingerprints dragged it back to the 52,000 handle, […]

Resumes decline after testing Bearish Flag breakdown

Resumes decline after testing Bearish Flag breakdown

The Euro (EUR) gives back a majority of its early gains against the US Dollar (USD) after failing to rise above the intraday high of 1.1418 on Monday. During European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades almost 0.2% higher to near 1.1395. The major currency […]