Markets One of the biggest-ever IT outages sparked volatility at the start of European trading but without lasting impact on general markets. A security update by CrowdStrike caused a global problem with Microsoft’s Windows. UK Read more…
In what is shaping out to be the biggest IT breakdown of the year, airlines like Delta (DAL) , United Airlines (UAL) and American Airlines (AAL) all issued a ground stop on all their flights as Read more…
The nature of retail has changed. Consumers used to need neighborhood stores in order to fill basic needs. Digital retailers, however, have made some of those shopping trips unnecessary. It’s not a massive disruption. Instead, Read more…
Daily Pivots: (S1) 155.29; (P) 156.95; (R1) 157.84; More… Intraday bias in USD/JPY remains neutral at this point. Deeper decline is still expected as long as 158.85 resistance holds. Below 155.36 will extend the fall Read more…
Daily Pivots: (S1) 0.8839; (P) 0.8859; (R1) 0.8898; More… Intraday bias in USD/CHF remains neutral for consolidations above 0.8819 temporary low. But further decline is expected as long as 0.9049 resistance holds. Break of 0.8819 Read more…
Daily Pivots: (S1) 1.2915; (P) 1.2968; (R1) 1.2997; More… Intraday bias in GBP/USD remains neutral at this point. Pullback from 1.3043 could extend lower but downside should be contained by 1.2859 resistance turned support to Read more…
In December 2023, California-based EV automaker Lucid (LCID) achieved a fantastic feat that only its rival Tesla (TSLA) could: producing a car worthy of Car and Driver’s prestigious 10Best list. Among automotive staples like the Read more…
Image: Alex Parkin / The Verge In 2024, it’s always gadget season. But in these hot mid-July weeks, after splashy announcements from Samsung and Motorola and before we see what’s coming from Google and Apple, Read more…
Daily Pivots: (S1) 1.0879; (P) 1.0911; (R1) 1.0928; More…. EUR/USD is still holding above 1.0871 support and intraday bias stays neutral. Further remains mildly in favor. Break of 1.0947 will resume the rise from 1.0601 Read more…
Risk aversion continues to support Dollar in relatively quiet trading today. Both Sterling and Canadian Dollar weakened mildly after worse-than-expected retail sales data. Euro shrugged off dovish comments from some ECB officials. Meanwhile, Yen softened Read more…