Month: November 2023

Daily Pivots: (S1) 1.0648; (P) 1.0698; (R1) 1.0780; More… No change in EUR/USD’s outlook and intraday bias remains on the upside. Decisive break of 1.0764 cluster resistance (38.2% retracement of 1.1274 to 1.0447 at 1.0763) Read more…

European majors are maintaining their upward momentum against the  Dollar, leveraging last week’s rally and finding additional support in the unexpectedly positive Eurozone investor confidence data. Yet, while the data provided a glimmer of positivity, Read more…

Starbucks SBUX unveiled the first round of pay increases for its U.S. baristas as the world’s biggest coffee chain looks to double their hourly income over the next two years while ramping up store expansion plans in Read more…

AUDJPY enjoys fastest weekly growth since June Risk skewed to the upside, but gains could be limited RBA policy announcement due on Tuesday at 03:30 GMT AUDJPY has turned its eyes back to June’s peak Read more…

USDJPY is consolidating after a three-day pullback from new multi-month high (151.72) resulted in another failure to register weekly close above psychological 150 barrier (basically the pair last time closed the week above 150 level Read more…

Apple AAPL shares nudged only modestly higher in pre-market trading Monday after Foxconn, the world’s biggest iPhone assembler, stuck to its full-year forecasts amid a surprise October sales dip. Taiwan-based Foxconn, arguably the most important company is Read more…

Tesla TSLA shares jumped higher in pre-market trading Monday following a report that suggested the carmaker is close to unveiling plans to build the cheapest version of its electrified vehicles at a plant near Berlin. Reuters reported Read more…

AUDUSD remains constructive and consolidating around 0.65 level on Monday, after 2.8% surge on Friday, sparked by weaker than expected US labor data which deflated US dollar on fading prospects of further rate hikes and Read more…