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Month: October 2023

Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2276; (P) 1.2307; (R1) 1.2344; More Intraday bias in GBP/USD is turned neutral first with current retreat. On the upside, firm break of near term channel resistance (now at 1.2334) will target Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

Social Security Administration slashes 2024 COLA boost to 3.2% as inflation pressures ease

The U.S. Social Security Administration slashed its cost-of-living adjustment for 2024 Thursday, reflecting the sharp pullback in overall inflation,  The near 65 million Americans receiving social security payments will see a 3.2% increase in the Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0588; (P) 1.0611; (R1) 1.0643; More… Intraday bias in EUR/USD is turned neutral first with current retreat. On the upside, break of 1.0639 will resume the rebound from 1.0447 to 1.0764 cluster Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

CPI Sparks Mild Dollar Rally, Jury’s Still Out on Sustained Momentum

Dollar is showing signs of revival in early session, in the wake of the release of CPI data, which indicated a marginally stronger headline inflation than anticipated. This uptick is further supplemented by a parallel Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

Why Ford will lose $150 million per week after latest UAW walkout

In a surprise move Wednesday evening, the United Auto Workers union expanded its strike against Ford  (F) – Get Free Report to the company’s highly profitable Kentucky Truck plant, where Ford produces its Super Duty pickup Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

US initial jobless claims unchanged at 209k

US initial jobless claims was unchanged at 209k in the week ending October 7, below expectation of 215k. Four-week moving average of initial claims fell -3k to 206k. Continuing claims rose 30k to 1702k in Read more…

By , 2 years ago October 12, 2023
Cryptocurrencies

US CPI rose 0.4% mom in Sep, core CPI up 0.3% mom

In September, US CPI rose 0.4% mom, above expectation of 0.3% mom. CPI core (ex-food and energy) rose 0.3% mom, matched expectations. Energy index rose 1.5% mom. Food index rose 0.2% mom. Over the last Read more…

By , 2 years ago October 12, 2023
digital

New Starlink page launched to promote cellular service coming in 2024

The homepage promoting the new feature. | Screenshot by Jon Porter / The Verge SpaceX has published a new webpage to promote its upcoming “Starlink Direct to Cell” service that plans to offer cellular connectivity Read more…

By , 2 years ago October 12, 2023
digital

New Starlink page launched to promote cellular service coming in 2024

The homepage promoting the new feature. | Screenshot by Jon Porter / The Verge SpaceX has published a new webpage to promote its upcoming “Starlink Direct to Cell” service that plans to offer cellular connectivity Read more…

By , 2 years ago October 12, 2023
digital

New Starlink page launched to promote cellular service coming in 2024

The homepage promoting the new feature. | Screenshot by Jon Porter / The Verge SpaceX has published a new webpage to promote its upcoming “Starlink Direct to Cell” service that plans to offer cellular connectivity Read more…

By , 2 years ago October 12, 2023

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