Daily Pivots: (S1) 0.9999; (P) 0.9987; (R1) 1.0122; More… EUR/USD retreats after hitting 1.0092 and intraday bias remains neutral first. On the upside, firm break of 1.0092 will resume whole rise from 0.9534. Further rally Read more…
Swiss Franc rises broadly today as yesterday’s risk-on sentiment quickly faded. Dollar is also recovering together with Canadian while Yen is also slightly higher. On the other hand, Sterling is under some pressure, in particular Read more…
Notable decline is seen in GBP/CHF today and it’s now pressing a head and shoulder neckline support, as well as 55 day EMA. Considering bearish divergence condition in 4 hour MACD, 1.1574 is likely a Read more…
Cryptocurrency market drops 11% in 24 hours as questions about crypto firms’ solvency mount. The crypto industry is plunged into a new crisis of confidence. As cryptocurrency prices began to stabilize, fresh drama derailed the Read more…
Market picture The cryptocurrency market lost another 7.7% to $900B over the past 24 hours, returning capitalisation to the area of September-October lows; at the peak of the decline, it was approaching the current market Read more…
The Japanese yen has steadied after posting strong gains on Tuesday. In the European session, USD/JPY is trading at 145.67, up 0.03%. Japan recorded stronger-than-expected gains in household spending and retail sales, but it’s questionable Read more…
With control of Congress hanging in the balance, and key races still too-close-to-call following last night’s mid-term elections, markets are looking to a cautious open on Wall Street. U.S. equity futures slipped lower Wednesday, while Read more…
“I want to take accountability for these decisions and for how we got here,” said CEO Mark Zuckerberg. Updated at 6:40 am EST Meta Platforms (META) – Get Free Report said Wednesday it will layoff around Read more…
“Movie theater operators need more movies,” CEO Adam Aron said. “That’s the major challenge facing the industry right now above all else.” AMC Entertainment (AMC) – Get Free Report shares slumped lower Wednesday after the movie Read more…
RBA Deputy Governor Michele Bullock said in a speech that “further increases in interest rates will be required” to meet the inflation target. Meanwhile, the “size and timing of future increases” will depend on the Read more…