Amazon.com has been in late-stage talks to acquire video site Twitch, according to two people familiar with the matter, after reports that Google had virtually sealed a deal to acquire the site for $1 billion. Whether a deal has been signed remains unclear, but one person close to the transaction said it could be announced shortly. Spokespeople for Twitch and Amazon did not have an immediate comment. the source
Dollar’s Best Rally in 18 Months Will Stall Without Catalyst Looking into the dollar’s backdrop, there is little of the fundamental motivation we would normally expect the currency to advance on. Without a turn in speculative appetites, groundswell in the market’s rate forecasts or material drop in other majors; the dollar’s rally is ...
Talking Points: Building a BiasFinding Our Where or When You’re WrongTaking What the Market Gives You Trading well is simple but it’s not easy. Due to its simplicity, many traders attempt to jump into a trade figuring it will work out sooner or later. However, a trading plan that involves wishing leaves traders, experienced and new, exposed to a myriad of problems. Trading Means More Than Wishing You’re Right ...
Dollar Traders Look Ahead to Jackson Hole, Eye Volatility Warily In the past month-and-a-half, the currency has reversed from a significant escalation of a bearish trend bearing and subsequently marked impressive gains. Yet, without fundamentals to support the move, the speculative drive can easily collapse on itself. British Pound Heads into Critical Week - Could it Finally Bounce? ...
Talking Points USDCAD Tests S3 SupportRange Resistance Found at 1.0992Prices above R4 Signal a Breakout USDCAD 30min Chart As seen in the chart above, the pair has retraced to its daily range support found at the S3 camarilla pivot near 1.0951. If support holds, traders may look for price to bounce back towards resistance. Range ...
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