Daily Pivots: (S1) 0.8895; (P) 0.8924; (R1) 0.8960; More…. USD/CHF is extending the consolidation from 0.8886 and intraday bias remains neutral. Further decline is expected as long as 0.9000 resistance holds. Below 0.8886 will resume Read more…
Daily Pivots: (S1) 149.51; (P) 149.72; (R1) 150.12; More… USD/JPY is still extending the consolidation from 150.15 and intraday bias stays neutral. On the downside, below 148.94 minor support will turn bias to the downside Read more…
The White House is on a mission to cut what it calls credit card “junk fees” out of circulation, but some business leaders say the legislation goes too far. On October 11, President Biden presided Read more…
Australian inflation surprised on the upside, reigniting expectations of another rate hike as early as November. However, the Aussie could not enjoy the buying momentum for long as the US dollar strengthened. In the third Read more…
Bank of Canada expected to hold rates at 5.0% The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.3758, up 0.12%. Bank of Canada expected to hold rates The Read more…
Australia’s CPI accelerates US PMIs show slight improvement The Australian dollar rose about 40 basis points on Wednesday after Australia’s CPI surprised to the upside, but has reversed directions and is in negative territory. In Read more…
Boeing (BA) – Get Free Report posted a wider-than-expected third quarter loss Wednesday, which paring its full-year target for 737 Max deliveries, but noted its on track to meet its free cash flow forecasts amid booming Read more…
Five things you need to know before the market opens on Wednesday October 25: 1. — Stock Market Today: Stocks mixed as Microsoft lifts Dow, Treasury yields mute gains A mixed set of big tech earnings, Read more…
Meta Platforms (META) – Get Free Report shares moved lower in pre-market trading ahead of the Facebook and Instagram owner’s third quarter earnings slated for after the closing bell. Meta, the mega-tech company most sensitive to Read more…
Visa (V) – Get Free Report shares moved lower in pre-market trading after the world’s biggest credit card and payments company posted better-than-expected fourth quarter earnings thanks in part to the summer travel boom and resilient consumer Read more…