Month: May 2024

Daily Pivots: (S1) 1.2538; (P) 1.2565; (R1) 1.2621; More… GBP/USD’s rebound from 1.2298 resumed by breaking through 1.2633 and intraday bias is back on the upside. Further rise should be seen to 1.2708 resistance first. Read more…

Daily Pivots: (S1) 0.9047; (P) 0.9074; (R1) 0.9094; More…. USD/CHF is holding above 0.9005 support and intraday bias remains neutral first. Further decline is expected as long as 0.9101 resistance holds. On the downside, break Read more…

Daily Pivots: (S1) 156.09; (P) 156.43; (R1) 156.78; More… USD/JPY’s break of 155.25 minor support argues that rebound from 151.86 has completed already. Fall from 156.78 is seen as the third leg of the corrective Read more…

Dollar falls broadly in early US session following the release of CPI data that shows disinflation resumed in April. This has reignited hopes that Fed is on track to start cutting interest rates by September, Read more…

Both Carnival and Royal Caribbean made massive changes to their main dining room menus last year. They did so in very different ways.  Carnival Cruise Line hired the famed chef Emeril Lagasse as its Chief Read more…

Updated at 9:01 AM EDT U.S. inflation pressures eased for the first time this year in April, data indicated Wednesday, following on from a hotter-than-expected producer prices report, suggesting the Federal Reserve’s months-long battle to Read more…

US CPI rose 0.3% mom in April, matched expectations. CPI core (ex food and energy) rose 0.3% mom, matched expectations. Energy index rose 1.1% mom while food index was unchanged. Over the 12-months, CPI slowed Read more…

Forecasts suggest higher unemployment rate Employment change expected to tick higher Aussie holds within trading range, data due on Thursday at 01:30 GMT Upon being dissatisfied with the RBA’s choice to adopt a neutral position, Australian dollar traders Read more…