Dow Jones Down Despite Fed and Earnings Support, Biden Eyed

The Dow fell alongside the Nasdaq and the S&P 500 as US stocks failed to capitalize despite support from a dovish Fed and firm earnings reports. A speech from US President Biden is now in focus.

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Ford Stock Sinks as Global Semiconductor Shortage Bites into Fiscal Year Outlook

Ford shares tumbled after the bell despite strong earnings, as management disclosed the striking impact the global chip shortage is having on production.

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USD/CAD Rate Eyes January 2018 Low as RSI Flirts with Oversold Zone

USD/CAD appears to be on track to test the January 2018 low (1.2247) as the Relative Strength Index (RSI) flirts with oversold territory.

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Euro Outlook – Q1 GDP Releases Hold the Key for the Next Move in EUR/USD

Strong Eurozone economic expectations are being ignored as EUR/USD traders wait for today’s US Q1 GDP release and Friday’s German and Eurozone numbers.

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