Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The firm offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. Palantir (PLTR) daily chart February 8th 2025 This is the last chart updated a couple days … Read more
Pound Sterling retreats against US Dollar ahead of flash US PMI data The Pound Sterling (GBP) falls back after posting a fresh two-month high near 1.2680 against the US Dollar in European trading hours on Friday. The GBP/USD pair surrenders intraday gains and turns negative as the US Dollar bounces back. The US Dollar Index (DXY), which … Read more
Gold erases larg part of earlier losses, though remains below $2,940 on Friday. US considers lifting sanctions on Russia in an attempt from a quick deal. Volatility could pick up this Friday with US preliminary S&P PMI data for February due. Gold’s price (XAU/USD) took in on the chin and was down over 1% from its Thursday all-time high of $2,954 … Read more
The Canadian Dollar (CAD) is a very moderate loser on the day, down a little more than 0.1%. The CAD continues to track the broader trend in the USD and will likely continue to do so for now, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD is trading marginally lower “Today’s Retail Sales data … Read more
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI reflected the anticipated pick up to 4.0% Y/Y, Scotiabank’s Chief FX Strategist Shaun Osborne notes. USD steadies ahead of the weekend “Core inflation quickened a little more than … Read more
Preliminary Eurozone PMI data for February were mixed to slightly softer, weighing on the EUR somewhat in European trade, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Mixed Eurozone PMIs add to soft tone “French Services and Composite readings missed expectations as did the German Services data, entailing lower than expected results for the same Eurozone … Read more