Fast-food chains have faced a rising tide of drags on their business. Supply chain issues have pushed prices higher on many of the items that make up their menus. That’s not as big a factor Read more…
The Fed’s dovish attitude, for now, hasn’t extended too far into Europe. The Bank of England kept its key rate unchanged at 5.25%, with three of the nine members voting in favour of a quarter-point Read more…
The Bank of England and the European Central Bank both left rates on hold on Thursday but unlike following the announcement of their counterparts in the US, there were no fireworks. Of course, it’s worth Read more…
Target has a theft problem — or at least the retailer’s executives want you to believe it does. The company has repeatedly pointed to shoplifting and organized retail crime as a growing problem that has hurt the Read more…
Sterling and Euro jumped sharply following the decisions by BoE and ECB to leave interest rates unchanged, in line with market expectations. Notably, both central banks diverged from Fed’s recent dovish turn, with explicit statements Read more…
The rise of social media and TikTok in particular have allowed millions around the world to witness and rewatch some of the terrifying moments that sometimes (actually, quite rarely compared to the tens of thousands Read more…
Daily Pivots: (S1) 1.0800; (P) 1.0848; (R1) 1.0924; More… Intraday bias in EUR/USD remains on the upside at this point. Decisive break of 1.1016 resistance will confirm resumption of whole rally from 1.0447. Further rally Read more…
Daily Pivots: (S1) 1.2534; (P) 1.2585; (R1) 1.2669; More… Intraday bias in GBP/USD remains on the upside at this point. Sustained break of 1.2731 will confirm resumption of whole rally from 1.2036. Next target is Read more…
Daily Pivots: (S1) 0.8679; (P) 0.8729; (R1) 0.8768; More…. USD/CHF recovered ahead of 0.8665 support and intraday bias is turned neutral first. Risk will stay on the downside as long as 0.8819 resistance holds. On Read more…
Vivendi (VIVHY) – Get Free Report shares jumped after the French media conglomerate said it was considering splitting itself into three businesses. Shares of the Paris company were up 8.1% to $9.68 at last check. The Read more…