Daily Pivots: (S1) 1.2666; (P) 1.2688; (R1) 1.2727; More… GBP/USD is staying in range above 1.2595 support and intraday bias remains neutral. On the downside, firm break of 1.2595 will resume the decline from 1.2826 Read more…
Sterling fell broadly today following weaker-than-expected retail sales data. Despite this, the British currency’s losses have been somewhat contained, indicating a degree of resilience. Concurrently, Japanese Yen and Australian Dollar are showing attempts to recover, Read more…
Canada’s retail sales fell -0.2% mom to CAD 66.6B in November, worse than expectation of 0.0% mom. Sales declined in four of nine subsectors, led by contraction in food and beverage at -1.4% mom. Excluding Read more…
Samsung’s expanding its wearable device lineup beyond Galaxy Watches. Well, at least that’s what we’ve gleaned from a bit of a “one-more-thing” esque teaser that the company closed its Galaxy Unpacked event with. Alongside unveiling Read more…
Spirit Airlines (SAVE) – Get Free Report shares moved sharply higher in early Friday trading following reports suggesting it’s urging rival JetBlue (JBLU) – Get Free Report to appeal a ruling that scrapped their $3.8 billion merger. Read more…
Japan’s Core CPI eases to 2.3% The Japanese yen has recovered after losing ground earlier in the day. USD/JPY rose as high as 148.80, its highest level in three weeks. The yen has rebounded and Read more…
The airline industry isn’t easy. Buying planes and staffing them isn’t cheap, and jet-fuel costs can be notoriously volatile, making the industry prone to bankruptcy. After losing a bundle on his own airline investments, Warren Read more…
Illustration: The Verge Apple will let third-party mobile wallet and payment providers access the iPhone’s NFC capabilities in concessions meant to address a European Commission antitrust investigation, the regulator announced today. The Commission is now Read more…
Check back for updates throughout the trading day U.S. equity futures extended gains Friday, while the dollar headed for its second consecutive weekly advance and Treasury yields steadied, as markets continue to rely on the Read more…
Canada’s retail sales expected to fall to zero The Canadian dollar is showing limited movement for a second straight day. In the European session, USD/CAD is trading at 1.3496, down 0.13%. Markets brace for stagnant Read more…