Daily Pivots: (S1) 1.6489; (P) 1.6518; (R1) 1.6564; More… EUR/AUD recovered after failing to sustain below 1.6474 support, but stays below 1.6745 resistance. Intraday bias remains neutral first, and rise from 1.5996 is still in Read more…
Dollar extended its broad decline overnight following release of FOMC minutes, which confirmed that a vast majority of Fed members see a rate cut in September as appropriate. However, the market reaction was relatively muted, Read more…
Japan’s PMI data for August revealed a mixed yet overall positive picture for the economy. PMI Manufacturing inched up from 49.1 to 49.5, still indicating contraction but showing improvement. PMI Services increased from 53.7 to Read more…
Australia’s PMI data for August revealed a slight uptick in economic activity, with Manufacturing PMI rising from 47.5 to 48.7, Services PMI increasing from 50.4 to 52.2, and Composite PMI climbing from 49.9 to 51.4. Read more…
Minutes from FOMC meeting held on July 30-31 reveal that a “vast majority” of participants believe it would likely be appropriate to ease monetary policy “at the next meeting” if incoming data aligns with expectations. Read more…
July 30–31, 2024 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, July Read more…
GBPUSD broke key resistance level 1.3040 Likely to reach resistance level 1.3040 GBPUSD currency pair recently broke above the key resistance level 1.3040 (previous monthly high from the middle of July). The breakout of the Read more…
“This thing of ours….it’s a brotherhood…” And so begins the trailer for Mafia: The Old Country, the latest entry in the video game action-adventure franchise set to launch next year, according to Hanger 13 and Read more…
Nvidia stock (NVDA) investors saw a roller-coaster ride ahead of its Q2 earnings release in August. Its share price dropped below $100 on August 5, rebounded, and went up for six consecutive days from the Read more…
In today’s EV market, a wide field of traditional automakers is competing for the crumbs of Tesla’s dominance. One of those manufacturers is Lucid (LCID) , a Newark, Calif.-based firm currently producing just one model. Read more…