Following ECB’s decision to lower interest rates by 25 bps, a move that aligned with market expectations, Euro remained relatively steady within its near term trading range. ECB President Christine Lagarde, speaking at the post-meeting Read more…
The covid pandemic changed the nature of work, forcing many companies into a work-from-home model to enforce social-distancing rules and keep workers safe. While many employees have returned to the office or work on a Read more…
Screenshots from the Leica Lux camera app. | Images: Leica Leica wants in on Fujifilm’s film simulation hype, so it’s bringing its own color profiles to iPhone users by way of a new Leica Lux Read more…
Daily Pivots: (S1) 1.2763; (P) 1.2779; (R1) 1.2803; More….. Outlook in GBP/USD remains unchanged and intraday bias stays neutral. As long as 1.2693 support holds, further rally is in favor. Above 1.2816 will resume the Read more…
Daily Pivots: (S1) 0.8901; (P) 0.8925; (R1) 0.8959; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. Strong rebound from current level, followed by break of 0.8987 support turned resistance, will suggest that Read more…
Tesla shares edged lower Thursday, and have shed more than $230 billion in value this year, but one Wall Street analyst sees a stronger second half for the electric-vehicle group as it ramps production of Read more…
Daily Pivots: (S1) 155.01; (P) 155.75; (R1) 156.86; More…. No change in USD/JPY’s outlook as range trading continues. Risk will stay on the downside as long as 157.70 resistance holds. Fall from there is seen Read more…
US initial jobless claims rose 8k to 229k in the week ending May 25, above expectation of 215k. Four-week moving average of initial claims fell -750 to 222k. Continuing claims rose 2k to 1792k in Read more…
Cable is consolidating under new multi-week high (1.2817), with near-term action underpinned by rising 10DMA (1.2758) and looking for fresh push higher and attack at 2024 high (1.2893). Daily moving averages in full bullish configuration Read more…
ETHUSD posts fresh 2-month high following ETF approval But fails to extend its rally as bulls lift foot off the gas Momentum indicators ease from overbought conditions ETHUSD (Ethereum) had been on the rise after claiming the Read more…