Then dropping to 1.50 by year end says head of European currency strategy Valentin Marinov.
He doubts that the initial move up will grow into a trend reversal higher and is still a seller on rallies. Music to Mike’s ears
Meanwhile 1.5550 and 1.5600 are rumoured to be holding option barriers.
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Real estate services stocks beat Q1 revenue estimates by 2.3%, but shares are down 8.5% on average.
Homebuilders miss Q1 revenue by 1.7%, stocks down avg 10.1%. MTH down 10%, TMHC down 8.1%, NVR down 18%.
OpenAI's $852B valuation faces IPO buzz amid Musk's legal loss. AI risks loom.
Oil prices dip 2% as Iran talks pause attack risk, but supply disruption fears linger.
BPOP up 38% EPS, UMBF beats estimates +1.5%, BKU misses revs -1.5%. Regional banks face headwinds.
GIC down 12% despite revenue beat; VSEC up on strong growth; DXP down 16% on misses.
Banks returned 13.4% but FNB, DCOM, USB face slower growth & risks. P/B ratios vary.
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