TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Thursday, May 30. Related: Nissan dealers aren’t buying into a desperate plan to Read more…
The second estimate of first quarter real GDP growth was revised down 0.3 percentage points (pp) to 1.3% quarter-over-quarter (annualized) – bang-on the consensus forecast. Looking under the hood, downward revisions to consumer spending, private Read more…
Daily Pivots: (S1) 1.0780; (P) 1.0821; (R1) 1.0842; More…. EUR/USD recovered after dipping to 1.0788 and intraday bias is turned neutral first. On the upside, firm break of 1.0894 will resume the rise from 1.0601 Read more…
Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… GBP/USD is staying in range of 1.2670/2799 and intraday bias remains neutral. Some more consolidations could be seen but further rise is expected as long as Read more…
Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 Read more…
The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session. In Read more…
Photo by Allison Johnson / The Verge Microsoft is on a mission to take down the MacBook Air with its new range of Copilot Plus PCs. It’s so confident it has finally got Windows on Read more…
Daily Pivots: (S1) 0.9116; (P) 0.9130; (R1) 0.9147; More…. USD/CHF’s fall from 0.9157 accelerates lower today, and the development suggests that rebound from 0.8987 has completed already. Fall from 0.9157 is now seen as the Read more…
As US session commences, Swiss Franc and Japanese Yen are trading as the day’s strongest currencies, fueled by risk aversion in US markets. While major European indices exhibit only modest fluctuations, US futures indicate notably Read more…
Cruise ships put thousands of passengers and crew members in close proximity. In many ways, it’s like living in a college dorm where rooms are small, people are packed in, and the inconsiderate actions of Read more…