Sometimes, on an episode of “Shark Tank,” Mark Cuban or one of the other Sharks might congratulate someone on the show for building a nice business. It’s a sort of code for saying they have Read more…
The US dollar has fallen to its lowest levels of the year, losing more than 2.3% from its August peak and around 4% since early July as expectations of a Fed rate cut in September Read more…
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Markets Markets took a breather today during the European session. The dollar (DXY) yesterday closed below 102 for the first time since early January and remains stuck there. The greenback even extends losses as US Read more…
Headline CPI inflation edged lower in July to 2.5% year-on-year (y/y), right on consensus expectations. This was the lowest reading since March 2021. The deceleration was driven by base year effects (lower price growth relative Read more…
Daily Pivots: (S1) 1.3614; (P) 1.3650; (R1) 1.3670; More… USD/CAD’s fall from 1.3946 is still in progress and intraday bias stays on the downside for 1.3588 structural support. Strong support could be seen from there Read more…
Canadian Dollar has come under broad pressure in the early US session following the release of the latest inflation data, which showed a further slowdown in inflation, with headline CPI fell to a 40-month low Read more…
Nearly every Costco customer has entered the store with plans to buy groceries and home essentials, only to leave with something else entirely. Sure, you didn’t need a kayak or a giant teddy bear, but Read more…
Daily Pivots: (S1) 1.1043; (P) 1.1064; (R1) 1.1107; More….. Intraday bias in EURUSD remains on the upside for the moment. Current rise should target 1.1138 resistance, and then 161.8% projection of 1.0665 to 1.0947 from Read more…
Daily Pivots: (S1) 1.2951; (P) 1.2974; (R1) 1.3013; More… GBP/USD’s rally from 1.2664 continues today and intraday bias stays on the upside for retesting 1.3043. Firm break there will resume whole rally from 1.2998 to Read more…