Daily Pivots: (S1) 1.2691; (P) 1.2726; (R1) 1.2753; More… Intraday bias in GBP/USD stays neutral for the moment. On the upside. decisive break of 100% projection of 1.2298 to 1.2633 from 1.2445 at 1.2780 will Read more…
As trading progresses into US session, activity in the forex markets remains relatively muted. Euro is showing signs of recovery ahead of key support levels against Dollar and crucial support against Sterling. Eurozone PMIs revealed Read more…
Updated at 9:39 AM EDT Nvidia shares opened at an all-time high Thursday, powering through the $1,000 mark for the first time on record, after the chipmaker posted stronger-than-expected first quarter earnings and said AI Read more…
US initial jobless claims fell -8k to 215k in the week ending May 18, below expectation of 220k. Four-week moving average rose 2k to 220k. Continuing claims rose 8k to 1794k in the week ending Read more…
What is bracket creep? Bracket creep occurs when inflation causes wages to increase, but the tax brackets remain the same. This means that even though a taxpayer’s income has not increased in real terms, they Read more…
Have you ever wondered how Laravel switches between different drivers’ implementations? Well, hang tight, we will learn how! Read more
Have you ever wondered how Laravel switches between different drivers’ implementations? Well, hang tight, we will learn how! Read more
The price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The general tone of the Fed’s policymakers was notably cautious, Read more…
Last night, the FOMC meeting minutes were released. According to USNews, there were no major surprises. However, the confirmation of persistent inflation – along with hints that some officials discussed potential future rate hikes – Read more…
EURGBP at a make-or-break point near 0.8500 after plunge Oversold conditions detected, but the bears not ready to give up the battle EURGBP was knocked down near the 200-day simple moving average (SMA) at the Read more…