Daily Pivots: (S1) 147.00; (P) 148.20; (R1) 148.83; More… USD/JPY’s break of 146.06 support argues that rebound from 141.67 has completed at 149.35 already, after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Read more…
Yen is showing broad-based strength in today’s Asian session, particularly against the generally weakening Dollar. This move has also put pressure on the Nikkei, which turned lower as Yen gained momentum. While there’s no clear Read more…
Key Highlights USD/JPY started a fresh increase above the 146.00 resistance. A major bearish trend line is forming with resistance at 150.00 on the 4-hour chart. Gold prices could again aim for a move above Read more…
New Zealand BNZ Performance of Services Index saw a modest rise in July, climbing from 40.7 to 44.6. However, the PSI has averaged only 46.5 for 2024, a stark contrast to its historical average of Read more…
Chicago Fed President Austan Goolsbee stated in a CBS interview that a rate cut in September is not a foregone conclusion. But he pointed out that current economic conditions differ significantly from when Fed initially Read more…
San Francisco Fed President Mary Daly indicated in an interview with the Financial Times that the time has come to consider gradually lowering interest rates from their current levels. Daly emphasized the importance of a Read more…
EURGBP broke support area Likely to fall to support level 0.8475 EURGBP currency pair just broke the support area set between the support level 0.8535 (which reversed the price twice earlier this week) and the Read more…
Gold has been rising steadily since the end of last week and is attempting to consolidate above $2470 per troy ounce on the spot market for the third time in the last 30 days. Gold Read more…
People often encounter financial advice from a wide range of sources about planning for retirement, maximizing their Social Security benefits and investing in employer-sponsored 401(k)s. But personal finance author and radio host Dave Ramsey has Read more…
If you’ve shopped in person at a drugstore, grocery store, or big-box retailer recently, chances are you’ve noticed a shift in the experience. For one, there are likely to be fewer cashiers manning the registers; Read more…