USD/CHF edged lower to 0.9058 last week, but quickly rebounded just ahead of 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056. Initial bias remains neutral this week first. On the upside, firm break Read more…
AUD/USD edged higher to 0.7156 last week, but subsequent steep pull back indicates short term topping. Initial bias is now on the downside this week for 55 day EMA (now at 0.6806) and possibly below. Read more…
USD/CAD gyrated lower to 1.3261 last week but recovered strongly since then. Initial bias stays neutral this week and outlook is unchanged. While the choppy fall from 1.3704 might still extend lower, strong support is Read more…
With the help from strong economic data, Dollar struck back to end as the strongest one, after a week full of heavy weight events. Traders might start to give up on fighting the Fed on Read more…
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Illustration by Alex Castro / The Verge Over 40 contractors for YouTube Music are going on strike — a first at Google, according to the Alphabet Workers Union (or AWU). The action is in response Read more…
Jury rules in Musk’s favor in civil case brought by shareholders against Musk over his 2018 tweeted claim that he’d secured funding to take Tesla private . Elon Musk celebrated Friday after a jury ruled Read more…
After a ruckus week, which included US NFP and rate hikes from the Fed, BoE, and ECB, the markets may begin to calm a bit as they digest the latest economic data and monetary policy Read more…
Just a reminder that your bad public image can always get worse. There was a time when Southwest Airlines was known for having first-rate customer service. But these days, it’s mainly known for keeping customers Read more…
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. Read more…