Daily Pivots: (S1) 0.9675; (P) 0.9717; (R1) 0.9761; More…. A temporary top is formed at 0.9578 in USD/CHF and intraday bias is turned neutral for consolidation. Downside of retreat should be contained above 0.9459 resistance Read more…
Daily Pivots: (S1) 1.2392; (P) 1.2481; (R1) 1.2549; More… A temporary low is formed at 1.2410 with current recovery. Intraday bias in GBP/USD is turned neutral for some consolidations first. Upside of recovery should be Read more…
Daily Pivots: (S1) 1.0460; (P) 1.0512 (R1) 1.0553; More… A temporary low is formed at 1.0470 with current recovery. Intraday bias in EUR/USD is turned neutral first, for consolidations. Upside of recovery should be limited Read more…
Lots of important economic data are released today but they’re largely ignored. Inflation data from the US and Eurozone are strong. Canada’s monthly GDP growth was well above expectation while Eurozone GDP growth turned weaker Read more…
The fast-food chain has a new philosophy when it comes to its classic menu item. McDonald’s (MCD) – Get McDonald’s Corporation Report has built its business on consistency, delivering the same experience at every restaurant. For Read more…
ECB Chief Economist Philip Lane said in a Bloomberg TV interview, “the story is not the issue about are we going to move away from -0.5% for the deposit rate. The big issue which we Read more…
The Federal Reserve’s preferred inflation gauge eased from multi-decade highs last month data from the Bureau of Economic Analysis indicated Friday. The Federal Reserve’s preferred measure of U.S. inflation eased from multi-decade highs last month, data Read more…
US personal income rose 0.5% mom or USD 107.2B in March, slightly above expectation of 0.4% mom. Spending rose 1.1% mom or USD 185.0B, above expectation of 0.6% mom. Headline PCE price index accelerated from Read more…
A new cruise relying heavily on the Jimmy Buffett lifestyle experience starts sailing May 14. Jimmy Buffett has transcended music, turning his iconic songs into a brand based on relaxing, perhaps having a few drinks, Read more…
Canada GDP grew strongly by 1.1% mom in February, above expectation of 0.8% mom. That’s the fastest monthly growth since March 2021, and the ninth consecutive monthly expansion. Services-producing industries grew 0.9% while goods-producing industries Read more…