The second estimate of second quarter real GDP growth was revised up 0.2 percentage points (pp) to 3.0% quarter-over-quarter annualized (q/q) – slightly above the consensus forecast. Looking under the hood, an upward revision to Read more…
The Australian dollar has posted considerable gains on Thursday. AUD/USD is trading at 0.6816 in the European session, up 0.47% on the day at the time of writing. The US dollar continues to struggle against Read more…
Daily Pivots: (S1) 1.1087; (P) 1.1138; (R1) 1.1170; More…. EUR/USD’s retreat from 1.1200 extends lower today, but stays well above 1.1007 resistance turned support. Intraday bias remains neutral and larger rally is still expected to Read more…
Euro fell notably in European session today, as inflation data from both Germany and Spain significantly underperformed expectations. The rapid deceleration in price pressures strengthens the argument for a September rate cut by ECB. With Read more…
If you want to create an angry discussion on a Carnival or Royal Caribbean Facebook group, simply put up a post about how people wear casual clothes in the cruise lines’ main dining rooms. That’s Read more…