Daily Pivots: (S1) 0.8440; (P) 0.8456; (R1) 0.8472; More… EUR/GBP’s decline continues to as low as 0.8418 so far. Intraday bias remains on the downside for 0.8376 projection level next. On the upside, above 0.8446 Read more…
Euro continues to be under significant pressure due to increasing political uncertainty in France. President Emmanuel Macron’s call for a snap election has heightened fiscal consolidation risks, with Moody’s describing this development as “credit negative.” Read more…
GameStop shares slipped in early Tuesday trading, and have lost more than $7.6 billion in market value since last week’s high, putting a key bet from its most visible investor under increasing pressure. GameStop (GME) Read more…
Illustration by Samar Haddad / The Verge As slick and polished as macOS is, it can slow down over time, as you add file after file and program after program to your Apple system. After Read more…
EURJPY is hovering below the recent 171.56 high Yen failed to benefit from Monday’s euro weakness Momentum indicators point to weakening bullish pressure EURJPY is trading sideways today as the yen has failed to benefit Read more…
The euro is down for a third straight day and has dropped 1.3% since Thursday. EUR/USD is trading at 1.0731 in the European session, down 0.32% on the day. There are no releases out of Read more…
In a speech today, ECB Chief Economist Philip Lane noted that the central bank’s baseline projections reflect the market yield curve and anticipate “a set of rate cuts” in 2024 and 2025. He noted that Read more…
Bearish scenario: Sell below 0.6597 with TP1: 0.6587, TP2: 0.6579, and TP3: 0.6558, with an S.L. above 0.6611 or at least 1% of account capital. Bullish scenario: Buy above 0.6611 with TP1: 0.6626 and TP2: Read more…
Unexpected weakness in the UK labour market could signal an important turnaround in the economy and raise the urgency of monetary easing. The short-term impact on the Pound has been relatively limited, but the currency Read more…
Check back for updates throughout the trading day U.S. equity futures moved lower Tuesday, while Treasury yields and the dollar held steady, as investors adopted a defensive tone across global markets heading into the start Read more…