Daily Pivots: (S1) 1.2633; (P) 1.2679; (R1) 1.2704; More… Intraday bias in GBP/USD is back on the downside as fall from 1.2859 resumed by breaking through 1.2656 temporary low. Firm break of 1.2633 resistance turned Read more…
Euro fell notably today, along with decline in Eurozone government bond yields, following weaker-than-expected PMI data. Political instability in France is negatively impacting business activity, while Germany’s economic recovery has lost momentum. At the same Read more…
Apple shares nudged higher Friday, and look set to overtake Nvidia as the world’s second most-valuable stock, after a top Wall Street analyst detailed the likely impact of its newly launched drive into AI technologies. Read more…
Canada’s retail sales rose 0.7% mom to CAD 66.8B in April, matched expectations. Sales were up in seven of nine subsectors and were led by increases at gasoline stations and fuel vendors as well as Read more…
Personal finance author and radio host Dave Ramsey has some harsh criticism for those who like to overspend their hard-earned cash and complain about not being able to afford a house. In a recent episode Read more…
Check back for updates throughout the trading day U.S. equity futures nudged lower Friday, while the dollar held at multi-week highs against its global peers, as investors looked to a key reading of domestic economic Read more…
The Japanese yen is weakening against the US dollar again. The USD/JPY pair is rising to 158.97. The currency pair is now again close to the levels when the Bank of Japan and the country’s Read more…
EURUSD fell to one week low on Friday and extended strong fall of Thursday, after the pair came under fresh pressure from downbeat PMI data. The reports released on Friday showed that activity in services Read more…
The euro has edged lower on Friday. EUR/USD is trading at 1.0687 in the European session, down 0.14% on the day. Is the eurozone economy slowing down? The week ended on a sour note in Read more…
In the Daily timeframe, USDCAD is in a long-term bullish trend, and the price has fallen to the trend line. Despite a minor correction, the price bounced off the trend line and is testing an Read more…