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Articles by: Miroslav Marinoff

Miroslav Marinoff, a news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market and the US Stock Market.

USD/CHF off 1-week peak on higher chances of Harris victory

September 11, 2024 9:58 am
The USD/CHF currency pair extended a pullback from recent one-week high of 0.8498 on Wednesday, after Democratic candidate Kamala Harris put contender Donald Trump on the defensive during yesterday’s televised presidential debate and ahead of US CPI data. Vice President Harris put former President Trump on the defensive in an intense debate on Tuesday, unleashing […] Read more

GBP/USD pares gains after weak GDP data, eyes on US CPI

September 11, 2024 8:07 am
The GBP/USD currency pair edged higher on Wednesday, after Democratic candidate Kamala Harris put contender Donald Trump on the defensive during yesterday’s televised presidential debate. The British Pound, however, trimmed gains, following a weak set of UK macro data. Vice President Harris put former President Trump on the defensive in an intense debate on Tuesday, […] Read more

PACCAR announces $0.30 quarterly dividend

September 10, 2024 8:47 pm
PACCAR Inc (NASDAQ: PCAR), a technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates, on Tuesday announced a regular quarterly cash dividend of $0.30 per share of common stock. The dividend was kept unchanged from the previous quarterly dividend payment. The […] Read more

USD/ZAR gains as focus sets on presidential debate, CPI

September 10, 2024 1:14 pm
The USD/ZAR currency pair was firmer on Tuesday after South African industrial data and ahead of the key US CPI inflation report that may affect the Fed’s interest rate cut trajectory. Annual headline consumer inflation in the United States probably eased to 2.6% in August, according to market consensus, from 2.9% in July. Annual core […] Read more

USD/NOK off 1-month high ahead of CPI, presidential debate

September 10, 2024 11:17 am
The USD/NOK currency pair pulled back from a fresh one-month high of 10.8628 on Tuesday after Norwegian CPI inflation data and ahead of the key US CPI inflation report that may affect the Fed’s interest rate cut trajectory. Annual headline consumer inflation in the United States probably eased to 2.6% in August, according to market […] Read more

USD/SEK scales three-week peak as Swedish economy shrinks

September 10, 2024 9:36 am
The USD/SEK currency pair held near a fresh three-week high of 10.3943 on Tuesday after Swedish GDP data and ahead of the key US CPI inflation report that could provide further clues over the size of the potential interest rate cut by the Federal Reserve this month. Annual headline consumer inflation in the United States […] Read more

Spot Gold trades near $2,500 with focus on US CPI report

September 10, 2024 8:14 am
Spot Gold was little changed just above the $2,500 per troy ounce mark on Tuesday ahead of the essential US CPI inflation data that could provide further clues over the size of the potential interest rate cut by the Federal Reserve this month. Annual headline consumer inflation in the United States probably eased to 2.6% […] Read more

SM Energy appoints new Chief Operating Officer

September 9, 2024 8:59 pm
SM Energy Company (NYSE: SM) said on Monday that it had appointed Beth McDonald as Executive Vice President and Chief Operating Officer, effective September 9th. Most recently, McDonald was Executive Vice President – Strategic Planning, Field Development and Marketing at Pioneer Natural Resources Company. “We are delighted to welcome Beth to our executive team. She […] Read more

J.P.Morgan upgrades Amneal Pharmaceuticals to “Neutral”

September 9, 2024 12:47 pm
J.P.Morgan has raised its rating on Amneal Pharmaceuticals Inc’s (NASDAQ: AMRX) stock to “Neutral”, as the bank cited progress in revamping business operations. According to J.P.Morgan, Amneal Pharmaceuticals’ generic drug business is generating “solid growth”, with a move away from oral solid medications and towards complex products and biosimilars. The Wall Street bank noted that […] Read more

Lululemon CEO expands stake in sportswear maker

September 9, 2024 11:38 am
Lululemon Athletica Inc’s (NASDAQ: LULU) Chief Executive Officer Calvin McDonald has expanded his stake in the sportswear maker with the purchase of 4,000 shares last week, a SEC filing showed. The shares were acquired at a price of $260 each, while the total value of the deal was $1.04 million. As a result of the […] Read more