Daily Pivots: (S1) 0.9755; (P) 0.9812; (R1) 0.9919; More… Range trading continues in EUR/USD and intraday bias stays neutral at this point. On the downside, break of 0.9630 bring retest of 0.9534 first. Firm break Read more…
Overall market sentiment is mixed today. European stocks are trading up together with US futures. But heavy selling was seen in Hong Kong and China stocks earlier. Commodity currencies appear to be weighed down by Read more…
This week we welcome Marcin Kozak as our PyDev of the Week! Marcin maintains perftester and makepackage. You can see what else Marcin is working on over on GitHub. Let’s spend some time getting to Read more…
PHP 8.3 will be released in November 2023, and as usual, you need to be up to date with new features and breaking changes for easier transitions. Read more
Summary We look for the FOMC to deliver its fourth consecutive 75 bps rate hike at the conclusion of its meeting on November 2. Inflation continues to run much too hot for the FOMC, and Read more…
Apparently, the internal structure of the DXY index shows the completion of the global corrective trend, which took the form of a triple zigzag consisting of five main cycle waves w-x-y-x-z. It is possible that Read more…
The USDJPY bounces strongly in early Monday and regains levels near 150 barrier, signaling that a positive impact from a massive intervention to support yen on Friday, was not lasting long. The pair dipped from Read more…
Cable started trading on Monday with a gap-higher, but gains were so far short-lived and stalled under last week’s high at 1.1439. Fresh optimism about a solution for deepening political crisis in Britain on expectations Read more…
EUR/USD has edged lower at the start of the week. In the European session, EUR/USD is trading at 0.9824, down 0.37%. Manufacturing, services PMI point to contraction Germany is the locomotive of the Eurozone, and Read more…
Slower growth prospects, and hints of a Fed ‘pivot’ on interest rate hikes, has bond yields moving sharply lower and stocks extending gains Monday. U.S. equity futures powered higher Monday, while the dollar held gains Read more…