Month: July 2024

Daily Pivots: (S1) 1.2622; (P) 1.2661; (R1) 1.2690; More… GBP/USD recovered ahead of 1.2612 support as range trading continues. Intraday bias remains neutral at this point. On the upside, firm break of 1.2705 resistance will Read more…

In the forex market, clear weakness of Yen, Swiss Franc, and Kiwi contrasts with a broader sense of indecision elsewhere. Dollar’s rally attempt quickly lost momentum as it struggled to break through near-term resistance levels Read more…

Market picture The crypto market retreated by 0.6% in 24 hours to a total cap of $2.31 trillion. The cautious mood can be attributed to a downward move in US and European stock markets and Read more…

Before the Covid pandemic, beer was having a moment. It seemed like every city was adding multiple craft brewers and that everyone understood the language of the popular drink. It wasn’t abnormal to find people Read more…

Chicago Fed President Austan Goolsbee has suggested that Fed should consider cutting interest rates if inflation continues its downward trajectory towards the 2% target. He emphasized the importance of adjusting monetary policy to align with Read more…