NZD/USD surges to as high as 0.6452 so far today and it’s still in upside acceleration mode. This week’s break of 0.6351 resistance completes a head and shoulder bottom pattern (ls: 0.6195, h: 0.6059, rs: Read more…
Credit: Xiaomi Xiaomi has officially launched the Mix Fold 2. The company’s new flagship foldable features a slimmer body with an upgraded hinge. You’ll also find big tweaks to the camera array and screen. Not Read more…
US initial jobless claims rose 14k to 262k in the week ending August 6, slightly below expectation of 265k. Four-week moving average of initial claims rose 4.5k to 252k. Continuing claims rose 8k to 1428k Read more…
US PPI for final demand dropped -0.5% mom in July, versus expectation of 0.2% mom rise. The decrease is attributable to -1.8% mom decline in goods while services rose 0.1% mom. For the 12-months, PPI Read more…
With the odds of 75 basis point hike having dropped, the Fed is careful not to push too hard against that… After Wednesday’s post-CPI dump, the dollar managed to rebound a little as a couple Read more…
Stocks are on the rise again Thursday as fading rate bets help the Dow exit its recent correction while pulling the Nasdaq 20% higher from its mid-June trough. U.S. equity futures moved higher again Thursday, Read more…
Gun crime remains a high-profile political issue in the U.S. A look at the economic impact of guns on each of the 50 states reveals which states rely most heavily on the firearms industry. America Read more…
Illustration by Alex Castro / The Verge Apple has reportedly signed a deal with podcast producer Futuro Studios to help it fund the development and production of future podcasts, Bloomberg reports. In return for its Read more…
EURCHF entered a sliding mode this week, after hitting 0.9800, and is now hovering near the July 29 low, at 0.9700. Overall, the pair has been trading in a downtrend, staying below all three of the Read more…
BTCUSD has been in a steady uptrend since it managed to halt its long-term decline at the 2022 low of 17,588. Even though the price is currently standing above its 50-day simple moving average (SMA), Read more…