fxstreet.com 12 Feb, 2021 06:30 am

Eyes fresh record highs after the 13% post-market rebound

CCIV Stock Forecast and News Churchill Capital Corp IV (CCIV) is as the name suggests the fourth incarnation of Churchill Capital. Churchill was set

The stocks are set to clinch fresh record highs as the valuation of the blank check company seemingly assumes a merger with Lucid Motors.Chatters that Lucid Motors’ flagship Lucid Air EV sedan could give a tough competition to Tesla’s Model S sedan also remain supportive of the bullish bias.Some of those that have ridden the shares in anticipation of the Lucid Motors SPAC merger have been taking profits.With every day that passes without an announcement of a merger with Lucid Motors – or at the very least credible news reports of the matter – additional doubters sell-off.

Industry experts believe that speculative interest is likely to keep the CCIV shares supported amid prospects of the merger with Lucid Motors, although there is no clarity about the same.Considering the fact that the stock is still up nearly 40% in February, it's fair to assess the recent pullback as a technical correction as investors await clarity on the highly-anticipated merger with Lucid Motors.

BC teen sent home in tears for wearing outfit that made teachers ‘uncomfortable’

Donald Trump Jr. Blasts Republicans Who 'Lose Gracefully'subscribesubscribe

Nip, tuck, mask: cosmetic surgery sweeps Albania along with virus

PHC takes notice of public sector universities’ financial crisis

What flu season? Michigan influenza barely registers during COVID

‘Don’t let Africa enter the valley of death and become the continent of Covid’

EH216 Completed Its First Trial Flights Over the Sea of Southern China to Explore New Scenarios for Coastal Urban Air Mobility

PIP recipient on the Universal Credit £20 uplift

Fry’s Electronics Closing All Its Stores

San Marcos Activity Center to reopen Monday with COVID Protocols

House GOP’s top conservative caucus hopes to bridge the Trump divide

Pakistan to Remain in FATF Grey List, Asked to Target Financial Sanctions Against UN Designated Terrorists

Benton County Sheriff Arrest Two Men for Sexual Corruption of Child

Former Uk player indicted for wire fraud and tax violations

Head Start little learners returning to in-person learning

Scheme to populate Oxfordshire with pop-up shops begins

Preparations Underway For Loosened COVID Restrictions Across NC

Multilingual e-commerce platform to help China's ethnic farmers in foreign trade--China Economic Net

Mary J. Blige on how 'reliving' her pain helps others heal

Akuchie, Bohannon lead Youngstown St. over UIC 74-58

Lunchtime Lessons: Yoga with Christina (Free, Virtual)

Eyes fresh record highs after the 13% post-market rebound

When is the Aussie Q4 CPI data and how could it affect AUD/USD?

Q4 CPI beats expectations as dwelling prices surge – Westpac

Cross-asset markets find their footing

Bond markets remain calm after Italian PM Conte's resignation

Central bank’s ETF buying aimed at supporting economy

India’s economy is projected to grow at 7.3 percent in 2021

Government crisis now formally opened – ING

Neither an optimist nor a pessimist be

XAU/USD looks south ahead of the Fed decision

XAU/USD awaits Fed decision for a clear direction, levels to watch – Confluence Detector

Stellar will skyrocket by 70% if it breaks above critical resistance

Indian rupee rises to fresh high since September 2020

FOMC meeting tonight

XAG/USD portrays a choppy range above $25.00

Crude Oil rises 1%; Globus Maritime (GLBS Stock) shares plummet

Vigilant ECB and dovish Fed spurred risk aversion

EUR/USD consolidates biggest losses in two weeks around 1.2100 as focus shifts to US Q4 GDP

Dollar ends higher on risk-off trade despite Fed's dovish hold

Alternative data snapshot

Profits at China’s industrial firms grew for the eighth straight month in Decembe

US dollar rises after Fed interest rate decision

GameStop turmoil triggers margin call selloff

Another 10 weeks of covid vaccine shortage likely

Moderna and Pfizer vaccines also effective against new variants

Weak European macro to keep PLN on weak side for now

US Dollar Index approaches 91.00 ahead of key data

USD/JPY hits fresh monthly highs as widening US/Japan rate differential weighs on the yen

PCE, Personal Spending and Income December Preview

Bulls becoming more courageous

XAU/USD prices stabilise having seen earlier gains eroded

AUD/USD drops further below 0.7700 as risk dwindles amid a quiet session

USD/JPY extends the upside in firmly bullish technicals

China has toughened its language towards Taiwan

S&P 500 Futures drop half a percent amid chatters over Gamestop, covid vaccines and china

Dollar pares gains on U.S. GDP and rise in stocks

Employment conditions are still in a weak condition overall

Risk catalysts supersede upbeat data, China tension renews

Unemployment rate to rise to 5.6% – Westpac

GBP/USD bounces off intraday low to regain 1.3700, focus on vaccine jitteres, Gamestop and China

AUD/USD increased 0.0029 or 0.38% to 0.76772

Stocks trade weaker as US equity FUTs declined; USD rises into month-end

Surge in interbank rates is a hawkish signal – Capital Economics

USD/JPY refreshes seven-week top as risk-off mood favors US dollar

Delay in vaccine roll – out can turn into political risk for the EU

Markets roiled by retail-trader frenzy, vaccine concerns, eyes on US data

Attention is now on 1.2014 – Commerzbank

Downside looks contained

USD/JPY faces potential upside to the 104.75 area – UOB

Stellar primed for a 30% breakout as sentiment turns extremely bullish

Dogecoin's 600% rally could jumpstart the next altseason

Further losses appear unlikely

AUD/USD could drift towards the 0.7560 area – UOB

ZIL on the verge of a 67% move following extended consolidation

Brokers’ restrictions on GME and AMC set a dangerous precedent – FXStreet Editorial

BTC bulls battle key short-term resistances above $34,000

Lockdown triggers renewed slide in Q4 GDP – Capital Economics

Risk reduction dominates sentiment

Stocks decline after Q4 GDP weakness