Daily Pivots: (S1) 1.2647; (P) 1.2672; (R1) 1.2712; More… No change in GBP/USD’s outlook and intraday bias stays neutral. Further decline is expected as long as 1.2739 resistance holds. Break of 1.2622, and sustained trading Read more…
Rivian Automotive shares nudged higher Tuesday after a Wall Street analyst kickstarted coverage of the electric-pickup truck maker with a bullish outlook tied to its new vehicle lineup. Rivian (RIVN) , which earlier this year was forced to Read more…
Daily Pivots: (S1) 1.0696; (P) 1.0721; (R1) 1.0760; More…. EUR/USD dips notably in early US session but stays in range above 1.0667. Intraday bias remains neutral at this point. Further fall is expected with 1.0760 Read more…
Canadian Dollar jumps following after data showing that Canadian inflation unexpectedly accelerated in May. More importantly, the resurgence in price pressures was largely driven by significant increase in services inflation. The data aligns with BoC Read more…
It is no secret that Spectrum is the victim of a dying trend. Because customers have ditched cable TV for streaming services in recent years, the company faces a profit hit as its TV subscriber Read more…
Canada’s CPI recorded a notable increase in May, climbing to 2.9% yoy from 2.7% yoy the previous month, surpassing the anticipated rate of 2.6%. This acceleration in headline CPI was primarily fueled by a significant Read more…
This post is a response/reaction to “From Contributor to Maintainer: Lessons from Open Source Software” by Patrick Organ. Read more
This post is a response/reaction to “From Contributor to Maintainer: Lessons from Open Source Software” by Patrick Organ. Read more
The Canadian dollar is showing limited movement on Tuesday. USD/CAD is trading at 1.3675 in the European session, up 0.12% on the day at the time of writing. We could see some volatility in the Read more…
Fed Governor Michelle Bowman, in a speech today, said her baseline outlook that US inflation will return to the 2% target, provided federal funds rate remains at its current level of 5.25-5.50% “for some time.” Read more…