Daily Pivots: (S1) 1.2211; (P) 1.2267; (R1) 1.2325; More… Range trading continues in GBP/USD and intraday bias stays neutral. Further rally is expected as long as 1.1898 support holds. Break of 1.2343 will resume larger Read more…
US futures Dow futures +0.3% at 33550 S&P futures +0.3% at 3945 Nasdaq futures +0.3% at 11600 In Europe FTSE -0.27% at 7449 Dax -0.32% at 14317 All eyes on Tuesday’s inflation data & Wednesday’s Read more…
The Australian dollar has started the week in negative territory. In European trade, AUD/USD is trading at 0.6766, down 0.44%. Australian dollar eyes confidence releases Australian confidence indicators headed south in the most recent releases Read more…
Daily Pivots: (S1) 1.0497; (P) 1.0543; (R1) 1.0579; More… Intraday bias in EUR/USD stays neutral for the moment as range trading continues. On the downside, break of 1.0442 support will indicate rejection by 1.0609 fibonacci Read more…
Euro is trading as the strongest one today so far, followed by Sterling, Swiss Franc and Dollar. All four currencies are going to have respective central bank meetings this week, and all are expected to Read more…
The EV upstart ends an ambitious project with Mercedes-Benz, announced only three months ago. It’s an announcement that is somewhat like a thunderbolt in the automotive industry. Three months ago, Rivian, which aims to challenge Read more…
This week we welcome Iqbal Abdullah (@iqbalabd) as our PyDev of the Week! Iqbal is a Python community organizer in the East Asia and South East Asia regions. Let’s spend some time getting to know Read more…
The Aussie Dollar failed to clear the 0.6820 resistance against the US Dollar. The AUD/USD pair started a downside correction below the 0.6800 and 0.6780 support levels. There was a move below a key bullish Read more…
Investors will navigate a full slate of data releases and central bank decisions over the final full trading week of the worst year for stocks since 2008. U.S. equity futures edged higher Monday as investors Read more…
The Fed has boosted the federal funds rate six times so far this year, by a total of 3.75 percentage points. Inflation has raged over the past year and a half, jumping 7.7% in the Read more…