Updated at 9:45 AM EST Humana (HUM) – Get Free Report shares extended their recent collapse Thursday after the health insurance giant warned that a surge in medical costs would hammer industry profits over the next Read more…
Commodity currencies bounce in early US session, spurred by unexpectedly robust US GDP data that has invigorated stock futures. This surge in risk appetite is exerting some pressure on Dollar, although the impact remains relatively Read more…
Daily Pivots: (S1) 1.0843; (P) 1.0888; (R1) 1.0929; More… EUR/USD is staying in range above 1.0821 and intraday bias remains neutral. On the downside, break of 1.0821 will resume the fall from 1.1138 to 1.0722 Read more…
Daily Pivots: (S1) 1.2676; (P) 1.2726; (R1) 1.2774; More… GBP/USD is still bounded in consolidation pattern from 1.2826 and intraday bias remains neutral. Deeper pull back cannot be ruled out. But downside should be contained Read more…
Daily Pivots: (S1) 0.8587; (P) 0.8648; (R1) 0.8690; More…. Intraday bias in USD/CHF is staying mildly on the downside. Fall from 0.8727 could extend to 0.8487 support. Break there will argue that rebound from 0.8332 Read more…
Daily Pivots: (S1) 146.63; (P) 147.54; (R1) 148.44; More… USD/JPY is still extending the consolidation from 148.79 and intraday bias remains neutral for the moment. Still, as long as 145.97 support holds, further rally is Read more…
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US GDP grew 3.3% annualized in Q4, well above expectation of 2.0%. Looking at some details, consumer spending slowed from 3.1% to 2.8%. Goods spending slowed from 4.9% to 3.8%, but services spending growth rose Read more…
BTCUSD manages to halt its short-term decline But its rebound encounters resistance around 40,000 Momentum indicators still deep in their negative zones BTCUSD (Bitcoin) has experienced a strong decline from its recent two-year peak of 49,051, dropping Read more…
ECB left monetary policy unchanged as widely expected. Main refinancing, marginal lending and deposit rates are held at 4.50%, 4.75%, and 4.00% respectively. In the accompanying statement, ECB noted that incoming information has “broadly confirmed Read more…