Daily Pivots: (S1) 0.9195; (P) 0.9258; (R1) 0.9295; More…. Intraday bias in USD/CHF stays on the downside, as fall from 0.9459 is in progress for 0.9149 support. Firm break there will turn near term outlook Read more…
Daily Pivots: (S1) 1.3085; (P) 1.3134; (R1) 1.3185; More… Sideway consolidation continues in GBP/USD and intraday bias remains neutral. Outlook remains bearish with 1.3297 resistance intact, and further decline is expected. On the downside, break Read more…
Daily Pivots: (S1) 1.1104; (P) 1.1137 (R1) 1.1192; More… EUR/USD retreats notably after hitting 1.1184 today. Intraday bias is turned neutral first. For now, further rise is mildly in favor as long as 1.0943 support Read more…
Dollar rises in early US session with help from solid job and strong inflation data. But Yen is even stronger as it continues to pare back recent steep losses. On the other hand, Euro turned Read more…
When a company is expected to beat earnings, whisper numbers are the earnings that analysts think a company is likely to make, but are reluctant to publish. Canva What Is a Whisper Number? A whisper Read more…
Photo by Amelia Holowaty Krales / The Verge In 2007, the iPhone ushered in an era of touchscreen gadgets that caused most buttons to vanish from our phones forever. But there was one brief moment Read more…
US personal income rose 0.5% mom or USD 101.5B in February, matched expectations. Spending rose 0.2% or USD 34.9B, below expectation of 0.6% mom. The PCE price index for February increased 6.4% yoy, up from Read more…
US initial jobless claims rose 14k to 202k in the week ending March 26, slightly above expectation of 200k. Four-week moving average of initial claims dropped -3.6k to 208.5k. Continuing claims dropped -35k to 1307k Read more…
The Federal Reserve’s preferred inflation gauge raced to its highest level since the early 1980s last month, data from the Bureau of Economic Analysis indicated Thursday. The Federal Reserve’s preferred measure of U.S. inflation accelerated Read more…
Canada GDP grew 0.2% mom in January, a below expectation of 0.4% mom. But that’s still the eight month of increase in a row. Goods-producing industries grew 0.8% mom. Services-producing industries rose 0.0% mom. Overall, Read more…