Daily Pivots: (S1) 115.12; (P) 115.43; (R1) 115.86; More… Intraday bias in USD/JPY is turned neutral with today’s recovery. On the downside, below 115.00 will extend the fall from 116.33, as the third leg of Read more…
Cryptocurrency prices are climbing as tensions over the Russian-Ukraine situation appear to be easing. Cryptocurrency prices were surging Tuesday following reports that Russian troops were pulling back from the Ukraine border. Bitcoin was up 4.3% Read more…
Daily Pivots: (S1) 0.9231; (P) 0.9252; (R1) 0.9265; More…. Range trading continues in USD/CHF and intraday bias remains neutral. Overall, further rally is mildly in favor as long as 0.9090 support holds. On the upside, Read more…
Daily Pivots: (S1) 1.3495; (P) 1.3534; (R1) 1.3572; More… Intraday bias in GBP/USD remains neutral as sideway trading is still extending. On the upside, break of 1.3642 will resume the rebound to 1.3748 resistance. Firm Read more…
Auto giant Ford could restart production of cars in India less than six months after saying it would cease all vehicle manufacturing there. It’s a spectacular twist — but hardly surprising in today’s hypercompetitive automotive Read more…
Daily Pivots: (S1) 1.1269; (P) 1.1319; (R1) 1.1358; More… EUR/USD recovered ahead of 1.1265 minor support. Intraday bias remains neutral and further rise is still mildly in favor. On the upside break of 1.1482 will Read more…
Overall market sentiment improved a lot after Russia said it pulled back some troops near the border of Ukraine. As worries of imminent war eased, Gold and oil price dip notably, while stocks rebound. Euro Read more…
US PPI for final demand rose 1.0% mom in January, above expectation of 0.6% mom. PPI for final demand services rose 0.7% mom. PPI for final demand goods rose 1.3% mom. For the 12-month period, Read more…
Solid gains from Burger King, as well as a big increase in online sales, helped offset weakness at Popeye’s and deliver stronger-than-expected fourth quarter earnings for Restaurant Brands International. Restaurant Brands International (QSR) – Get Read more…
Risk appetite is much improved on Tuesday following reports that Russia is pulling back some troops, a significant de-escalation that makes the prospect of an invasion this week much less likely. The Kremlin maintains that Read more…