Daily Pivots: (S1) 1.0745; (P) 1.0799; (R1) 1.0862; More…. Intraday bias in EUR/USD remains neutral at this point. On the upside, firm break of 1.0915 will resume whole rise from 1.0601. On the downside, break Read more…
Daily Pivots: (S1) 1.2733; (P) 1.2796; (R1) 1.2862; More… Intraday bias in GBP/USD is turned neutral first but further rally is expected as long as 1.2687 support holds. Above 1.2869 will target 1.2892 resistance. Decisive Read more…
Daily Pivots: (S1) 155.84; (P) 156.61; (R1) 157.49; More… No change in USD/JPY’s outlook as range trading continues. Intraday bias remains neutral. On the downside, break of 154.53 will turn bias to the downside for Read more…
The Australian dollar has edged lower on Thursday. AUD/USD is trading at 0.6674 in the North American session, up 0.14% on the day. The Aussie didn’t show much reaction to today’s solid Australian employment report. Read more…
Daily Pivots: (S1) 0.8897; (P) 0.8940; (R1) 0.8988; More…. No change in USD/CHF’s outlook as range trading continues. Intraday bias remains neutral. On the downside, sustained break of 0.8883 fibonacci level will carry larger bearish Read more…
Trading activity slowed notably today as the markets turned relatively quiet. Dollar attempted a rebound from its losses earlier this week but struggled to gain momentum after worse-than-expected PPI and jobless claims data. Despite being Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, June 13. Related: McDonald’s cheeseburgers have tripled in price — How much Read more…
Apple and Google have already been named “designated providers” and will be impacted by the law. | Photo by Beata Zawrzel / NurPhoto via Getty Images Following in the footsteps of the European Union, Japan Read more…
US initial jobless claims rose 13k to 242k in the week ending June 8, above expectation of 227k. Four-week moving average of initial claims rose 5k to 222k. Continuing claims rose 30k to 1820k in Read more…
US PPI for final demand fell -0.2% mom in May, below expectation of 0.2% mom rise. PPI goods fell -0.8% mom, largest decline since October 2023. PPI energy fell -4.8% mom. PPI food fell -0.1% Read more…