Daily Pivots: (S1) 1.0567; (P) 1.0593; (R1) 1.0632; More… Intraday bias in EUR/USD stays neutral with immediate focus on 1.0616 resistance. Decisive break there will confirm short term bottoming, and turn bias back to the Read more…
Cloud computing and software company PagerDuty (PD) – Get Free Report announced Oct. 9 that it intends to issue new notes to cover the purchase of older ones. The company said it will offer a $350 Read more…
Daily Pivots: (S1) 1.2235; (P) 1.2263; (R1) 1.2314; More Intraday bias in GBP/USD stays on the upside at this point. Rebound from 1.2036 short term bottom is in progress for near term channel resistance (now Read more…
Dollar is exhibiting mixed performance in today’s relatively calm trading environment. Earlier losses were swiftly counteracted, illustrating the greenback’s resilience amidst fluctuating conditions. Interestingly, the extended pullback in treasury yield has left Dollar unscathed, and Read more…
US PPI for final demand rose 0.5% mom in September, above expectation of 0.4% mom. PPI less foods, energy, and trade services increased 0.2% mom, the fourth consecutive advance. PPI goods rose 0.9% mom while Read more…
ECB Governing Council member Pablo Hernandez de Cos noted that market pricing indicated a clear understanding of the central bank’s communication, finding its intended policy path to be credible. “They are interpreting well that there Read more…
The dollar index remains at the back foot after a continuous five-day fall, but the range narrows on Wednesday, as traders await release the minutes of FOMC last policy meeting to get more clues on Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of SPX published in membership area of the website. As our members know, S&P500 is trading Read more…
UK growth expected to rebound in August Fed members more dovish due to increase in US yields The British pound is calm on Wednesday. In the European session, GBP/USD is trading at 1.2297, up 0.10%. Read more…
The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. It’s nice when Prime Day deals circle back around, especially Read more…