The British pound is steady on Wednesday after sharp losses a day earlier. In the European session, GBP/USD is trading at 1.2632, up 0.11%. UK Services PMI expected to accelerate UK Services PMI will be Read more…
Richmond Fed Thomas Barkin, in his prepared remarks for a speech, acknowledged that soft landing is “increasingly conceivable. But he also cautioned that such an outcome is “in no way inevitable.” Barkin outlined four key Read more…
Daily Pivots: (S1) 141.13; (P) 141.67; (R1) 142.54; More… USD/JPY’s break of 142.84 minor resistance indicates short term bottoming at 140.25, on bullish divergence condition in 4H MACD. Intraday bias is back on the upside Read more…
Daily Pivots: (S1) 0.8308; (P) 0.8585; (R1) 0.8779; More…. USD/CHF’s recovery from 0.8332 is extending. But still, with 0.8665 support turned resistance, current price actions are seen as corrective, and outlook stays bearish. On the Read more…
Daily Pivots: (S1) 1.2567; (P) 1.2663; (R1) 1.2716; More… Intraday bias in GBP/USD stays neutral first with 1.2611 support intact. On the upside, break of 1.2826 will resume whole rally from 1.2036. However, break of Read more…
Daily Pivots: (S1) 1.0901; (P) 1.0978; (R1) 1.1019; More… EUR/USD’s break of 1.0929 minor support confirms short term topping at 1.1138, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside Read more…
Dollar is having a renewed attempt to extend its near-term rebound, buoyed by mild risk-off sentiment prevalent in Europe and US premarkets. This resurgence in the greenback’s strength coincides with ongoing selloff in technology stocks, Read more…
With the S&P 500 rising 24% last year, now may not be the best time to increase your equity exposure. But if you do want to buy, you might consider these 10 stocks. They are Read more…
Euro slips to two-week low US ISM Manufacturing PMI expected to rise slightly FOMC minutes to be released later on Wednesday Germany, Eurozone to release CPI on Thursday The euro has steadied on Wednesday after Read more…
Walt Disney (DIS) – Get Free Report shares edged higher Wednesday after the media and entertainment giant agreed to a deal with ValueAct Capital Management that would support its effort to fend off activist investor Nelson Peltz. Read more…