Germany Gfk consumer sentiment for September dropped from -30.9 to -36.5, Worse than expectation of -31.5. In August, economic expectations improved from -18.2 to -17.6. Income expectations ticked up from -45.7 to -45.3. Propensity to Read more…
Daily Pivots: (S1) 1.2886; (P) 1.2932; (R1) 1.2970; More… Intraday bias in USD/CAD remains neutral and outlook is unchanged. Corrective decline from 1.3222 could have completed with three waves down to 1.2726. Above 1.3062 will Read more…
Daily Pivots: (S1) 0.6925; (P) 0.6958; (R1) 0.7014; More… Intraday bias in AUD/USD remains neutral as range trading continues. Corrective rebound from 0.6680 could have completed with three waves up to 0.7135. Below 0.6855 will Read more…
Daily Pivots: (S1) 0.9939; (P) 0.9986; (R1) 1.0024; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. Consolidation from 0.9899 could extend, but upside of recovery should be limited by 1.0121 minor resistance Read more…
Daily Pivots: (S1) 1.1791; (P) 1.1828; (R1) 1.1871; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. Consolidation from 1.1716 could extend, but upside of recovery should be limited by 1.2002 support turned Read more…
Daily Pivots: (S1) 136.15; (P) 136.68; (R1) 137.03; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. Overall, price actions from 139.37 are seen as a corrective pattern, with rise from 130.38 as Read more…
Daily Pivots: (S1) 0.9605; (P) 0.9641; (R1) 0.9670; More… Intraday bias in USD/CHF remains neutral at this point. Outlook is unchanged that triangle correction from 1.0063 could have completed at 0.9369 already. Above 0.9691 will Read more…
The forex markets are generally steady in Asian session today, as traders are still holding their bets ahead of Fed Chair Jerome Powell’s Jackson Hole speech. US stocks staged a rebound overnight, but there was Read more…
Coming soon to an iPhone or iPad near you. | Image: Duolingo Yes, you read that headline correctly. Duolingo, the language learning app famous for the owl that haunts my dreams every night, now has Read more…
St. Louis Fed President James Bullard reiterated he would like interest rate to be raised from current 2.25-2.50% to 3.75-4.00% by the end of the year. He added that “front-loading” these rate hikes could “show Read more…