USD/JPY is hovering just above the 98.29 sessions lows set in Asian trading.
There is some demand low at 98.20 but better bids start at 98.00 with stops below. I can’t see USD/JPY feeling too much pressure unless the stock market begins falling. For the last four hours, the S&P 500 has been chopping in the 1704-1707 range.
Most Popular
Sponsored
CL's 60.4% gross margin & 17.8% FCF margin offer value at 23.1x P/E. FCEL's -61% target vs. 11.6% growth.
Dominion Energy's $420B AI-driven merger sparks debate on returns vs. consumer costs.
Banks returned 13.4% in 6 months, but PB, NBHC, FRME face muted growth & flat EPS. Avoid these.
Warsh's Fed pick faces bond market warnings on inflation & rate hikes. Bull market at risk?
COCO's 52.8% monthly return shines; ASTH shows strong growth at 13.2x P/E. SATS faces sales dips & high 29.5x EV/EBITDA.
FSS surges 15.3% revenue, 29.8% EPS growth; BELFA +13.3% FCF margin. PD's 2.5% billings growth & flat sales raise concerns.
Fast food stocks mixed: MCD up 9.4% rev, LOCO beats, PZZA down 7.7% rev, DPZ lags, SBUX up 8.8% rev.
Sponsored
Must Read
