Daily Pivots: (S1) 0.9528; (P) 0.9621; (R1) 0.9694; More… USD/CHF’s fall from 0.9868, as a leg inside the correction pattern from 1.0063, is still in progress. Intraday bias stays on the downside for 0.9369 support Read more…
Daily Pivots: (S1) 1.1509; (P) 1.1578; (R1) 1.1659; More… Intraday bias in GBP/USD remains mildly on the upside as rebound from 1.1404 short term bottom is extending. Further rise would be seen to 55 day Read more…
Daily Pivots: (S1) 0.9991; (P) 1.0052; (R1) 1.0108; More… Intraday bias in EUR/USD remains on the upside as rebound from 0.9863 is extending. Sustained trading above 55 day EMA (now at 1.0169) raise the chance Read more…
Euro leads Sterling and Swiss Franc higher today, and stays firm so far. The common currency was apparently lifted by hawkish comments from ECB official over the weekend. Sterling shrugs off slightly worse than expected Read more…
Roblox is looking to let advertisers on its platform to boost revenue. Analysts are unconvinced that advertising in the metaverse will be a money maker. With a user base of more than 52 million, Roblox Read more…
The Ethereum merge is fast approaching. Here’s what that means for futures markets. One of the most anticipated and important developments in crypto history is happening in September. The Ethereum merge will affect the second Read more…
Stocks are trending higher after snapping a three-week losing streak as the dollar continues to slide against its global currency peers. U.S. equity futures bumped higher Monday, extending gains for Wall Street after its first Read more…
NIESR projects UK GDP to contract -0.1% in Q3, with growth slowing as inflation maintains its drag on consumer demand and confidence. “GDP grew by 0.2 per cent in July following the large fall of Read more…
The UK has been in the spotlight recently, with Liz Truss becoming the nation’s new prime minister last Monday, and Queen Elizabeth passing away on Thursday. Although the BoE gathering – initially scheduled for Thursday Read more…
Risk-sensitive Aussie dollar continues to benefit from improved sentiment that lifted stocks and deflated dollar. Fresh advance in early Monday extends last Friday’s 1.2% rally (the biggest daily gain since Aug 10) and probe again Read more…