Month: August 2024

Tipping has become a controversial topic, not just at sea, but on land as well. Some land-based restaurants have begun adding a mandatory 18% charge to their bills that acts as a sort of forced Read more…

Daily Pivots: (S1) 0.8487; (P) 0.8525; (R1) 0.8554; More….. Intraday bias in USD/CHF stays on the downside for the moment. Fall from 0.8747 is in progress for retesting 0.8431. Firm break there will resume whole Read more…

Daily Pivots: (S1) 1.3028; (P) 1.3074; (R1) 1.3137; More… Intraday bias in GBP/USD remains on the upside for the moment. Decisive break of r 61.8% projection of 1.2298 to 1.3043 from 1.2664 at 1.3124, which Read more…

Daily Pivots: (S1) 1.1108; (P) 1.1141; (R1) 1.1183; More…. A temporary top is in place in EUR/USD with 4H MACD crossed below signal line. Intraday bias is turned neutral for consolidations first. But further rally Read more…

Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. EUR/GBP’s fall from 0.8624 resumed by breaking through 0.8507 temporary low as well as 55 D EMA (now at 0.8498. Intraday bias is back on the Read more…

Sterling surged broadly today, driven by stronger-than-expected PMI data indicating that the UK economy is on track for reasonably solid growth in the third quarter. This positive economic outlook comes at a time when inflationary Read more…

It looks like LVMH is seeking Queen Bey’s help to increase weak sales.  Beyoncé Knowles-Carter and Moët Hennessy, an LVMH  (LVMUY)  brand, have joined forces to launch a new American whisky line called SirDavis amidst declining Read more…

It looks like LVMH is seeking Queen Bey’s help to increase weak sales.  Beyoncé Knowles-Carter and Moët Hennessy, an LVMH  (LVMUY)  brand, have joined forces to launch a new American whisky line called SirDavis amidst declining Read more…

US initial jobless claims rose 4k to 232k in the week ending August 17, matched expectations. Four-week moving average of initial claims fell -750 to 236k. Continuing claims rose 4k to 1863k in the week Read more…