USDJPY turned red on Tuesday after its five-day bullish rally stalled near July’s resistance of 137.45, but the bears will probably need to work harder to stay in power. Although the negative intersection between the Read more…
The British pound has reversed directions today and is in negative territory. In the European session, GBP/USD is trading at 1.1778, down 0.44%. Weak US New Home Sales sends pound higher Tuesday was an interesting Read more…
Good morning, and sorry for the slight delay in putting the Daily Authority in your inbox. No one to blame but yours truly. Hope your day is going better! Twitter is a security nightmare, says Read more…
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A hawkish Fed, set against dimming global growth prospects, has Wall Street on the defensive Wednesday. U.S. equity futures edged modestly lower Wednesday, while Treasury bond yields eased and the dollar bumped higher against its Read more…
Spot gold price edges higher from new low at $1727 (the lowest since July 27) after disappointing US data on Tuesday temporarily deflated dollar, giving gold bears an opportunity to consolidate. Tuesday’s bullish daily close Read more…
U.S. beef supply could tighten in the coming year due to falling domestic production and lower carcass weights, while pork production is expected to rise in 2023. The differing supply-demand dynamics of the domestic pork Read more…
Hawkish Fed bets, weakening global growth prospects and a dearth of currency options is keeping the dollar within touching distance of it recent two-decade highs. The U.S. dollar, deep in the throes of its strongest Read more…
Credit: Oliver Cragg / Android Authority Nothing has revealed that a Phone 1 Android 13 beta program will launch. This program is only set to kick off by the end of the year. Nothing confirmed Read more…
The British Pound started a major decline from the 1.2000 resistance zone against the US Dollar. The GBP/USD pair declined heavily below the 1.1900 and 1.1880 levels. It traded as low as 1.1717 and recently Read more…