Author: admin

The French satellite group has seen its stock fall following a steep hike in March.

The Pound Sterling (GBP) trades 0.5% higher to near 1.3280 against the US Dollar (USD) during the European trading session on Wednesday.

GBP/USD rallies on Wednesday during the North American session, surpassing the 1.3300 figure as market participants price in a more dovish Federal Reserve (Fed), as rumors grow that the White House economic adviser Kevin Hassett could become the next Chair, taking Jerome Powell’s reins.

The Euro (EUR) trades on the front foot against the US Dollar (USD) on Wednesday as the Greenback remains under sustained selling pressure amid dovish Federal Reserve expectations, while traders digest the latest US services sector data.

CNBC reports:

• The Information report that Microsoft lowered their sales quota is not true
• Microsoft did lower expectations for how quickly it can get its customers to spend on newer products, specifically agents

shares of Microsoft are still down by $-8 or -1.64% at $481.86

The Information has changed the title of the article .

This article was written by Greg Michalowski at investinglive.com.

CNBC reports:

• The Information report that Microsoft lowered their sales quota is not true
• Microsoft did lower expectations for how quickly it can get its customers to spend on newer products, specifically agents

shares of Microsoft are still down by $-8 or -1.64% at $481.86

The Information has changed the title of the article .

This article was written by Greg Michalowski at investinglive.com.

United States EIA Crude Oil Stocks Change above expectations (-1.9M) in November 28: Actual (0.574M)

The Japanese Yen (JPY) is strengthening again, up 0.3% against the US Dollar (USD) as USD/JPY moves back toward Monday’s lows and threatens a broader retracement of its mid-November weakness, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.

NZD/USD holds in positive territory around 0.5750 on Wednesday, up 0.20% on the day at the time of writing.

The Pound Sterling (GBP) is the day’s top G10 performer after Norwegian Krone (NOK), with sentiment-driven buying pushing GBP higher as risk reversals recover to late-August levels, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report.