Daily Pivots: (S1) 1.2567; (P) 1.2594; (R1) 1.2636; More… Intraday bias in GBP/USD remains on the upside at this point. Current rise from 1.2154 would target 55 day EMA (now at 1.2756). Sustained break there Read more…
The SEC is seeking answers from the billionaire Tesla CEO as to why the original filing of his stake in Twitter was made ten days after its deadline. Updated at 9:40 am EST Elon Musk Read more…
Chrome OS isn’t the most option-packed operating system around, but there are some things you can do to make your Chromebook’s desktop look and work the way you want. Ready? Customize your Chromebook’s wallpaper First, Read more…
Daily Pivots: (S1) 1.0685; (P) 1.0709 (R1) 1.0755; More… Intraday bias in EUR/USD stays mildly on the upside, as rebound from 1.0348 is in progress. Firm break of 55 day EMA (now at 1.0758) will Read more…
Dollar stays broadly pressured today and it’s set to end as the worst performer for the week. PCE data offered some hope that inflation has finally topped. Broad risk sentiment is steady as US stocks Read more…
Social-media giant Meta/Facebook is betting on a virtual world with uncertain economic prospects. The metaverse is the future, says Facebook, which since late October has called itself Meta Platforms (FB) – Get Meta Platforms Inc. Class A Read more…
The Dollar is continuing its retreat, which started precisely two weeks ago. Over this period, the Dollar Index has retreated 3.5% from the 20-year highs, losing about half of the gains from the last leg Read more…
The Australian dollar is showing strong gains today. In the European session, AUD/USD is trading at 0.7145, up 0.66% on the day. Australia released retail sales earlier today, salvaging what had been a lacklustre week Read more…
US personal income rose 0.5% mom, or USD 89.3B, in April, below expectation of 0.6% mom. Personal spending rose 0.9% mom, or USD 152.3B, above expectation of 0.7% mom. Headline PCE price index slowed from Read more…
The Federal Reserve’s preferred measure of U.S. inflation eased further from multi-decade highs last month, data indicated Friday, adding to investors hopes that consumer price pressures have peaked in the world’s biggest economy. The April Read more…