Markets No follow-through price action on yesterday’s rise in long-term yields for now. We at least partially attributed the move to investors’ pondering issues of long-term fiscal sustainability in Europe but also in the US. Read more…
Walgreens Boots Alliance shares plunged to the lowest levels in nearly three decades in early Thursday trading, potentially shedding more than $5 billion in value, after slashing its full-year profit forecast and unveiling plans for Read more…
Daily Pivots: (S1) 160.00; (P) 160.43; (R1) 161.26; More… Intraday bias in USD/JPY stays on the upside. Sustained trading above 100% projection of 151.86 to 157.70 from 154.53 at 160.37 will pave the way to Read more…
Daily Pivots: (S1) 0.8950; (P) 0.8967; (R1) 0.8990; More… Intraday bias in USD/CHF stays neutral at this point. Further decline is still expected with 0.8992 resistance intact. Below 0.8912 minor support will bring retest of Read more…
Daily Pivots: (S1) 1.2594; (P) 1.2644; (R1) 1.2672; More… Further decline is expected in GBP/USD as long as 1.2702 resistance holds. Sustained trading below 1.2633 resistance turned support will argue that whole rise from 1.2298 Read more…
Transcript: CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street is continuing to digest mixed corporate earnings after a slew of earnings results Wednesday. Read more…
Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. EUR/USD recovered after breaching 1.0667 briefly and intraday bias remains neutral. Outlook stays outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as Read more…
Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. EUR/USD recovered after breaching 1.0667 briefly and intraday bias remains neutral. Outlook stays outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as Read more…
Daily Pivots: (S1) 1.0658; (P) 1.0688; (R1) 1.0710; More…. EUR/USD recovered after breaching 1.0667 briefly and intraday bias remains neutral. Outlook stays outlook stays bearish with 1.0760 resistance intact. Decline from 1.0915 is seen as Read more…
Southwest Airlines has been reeling. The airline recently updated its forecast for the second quarter and it said that it wouldn’t hit the worst-case scenario for its revenue per available seat mile. In a recent Read more…