Daily Pivots: (S1) 141.86; (P) 142.79; (R1) 143.37; More… Intraday bias in USD/JPY stays on the downside for the moment. Deeper decline would be seen to 140.25 support, and possibly further to 139.26 fibonacci level Read more…
Daily Pivots: (S1) 0.8450; (P) 0.8476; (R1) 0.8495; More… Intraday bias in USD/CHF remains neutral with focus on 0.8536. Rejection by this resistance will retain near term bearishness. Break of 0.8374 will resume the fall Read more…
Daily Pivots: (S1) 1.1006; (P) 1.1028; (R1) 1.1041; More…. Intraday bias in EUR/USD stays neutral with focus on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will retain near term bullishness. Read more…
The Consumer Price Index (CPI) rose 0.2% month-on-month (m/m) in August, bang-on the consensus forecast. On a twelve-month basis, CPI fell to 2.5% (from 2.9% in July). Energy prices (-0.8% m/m) were a drag on Read more…
Daily Pivots: (S1) 1.3051; (P) 1.3079; (R1) 1.3109; More… Intraday bias in GBP/USD stays neutral first with focus on 1.3043 resistance turned support. Strong rebound will maintain near term bullishness. Further break of 1.3265 will Read more…
Dollar rises slightly across the board during early US session following release of key inflation data, which largely ruled out the possibility of 50bps rate cut at the upcoming FOMC meeting next week. While headline Read more…
Tesla’s Autopilot driver assistance system is one of the automakers’ most well-known technologies, which promises drivers a hands-free driving experience in equipped vehicles. However, Tesla’s (TSLA) technology differs from most other autonomous driving systems, such Read more…
Working on a cruise ship, at least work that required an internet connection, used to be pretty much impossible. Carnival and other cruise lines offered internet packages, but as recently as 2022, those packages were Read more…
U.S. inflation pressures eased notably last month, data indicated Wednesday, but core prices held steady, suggesting the Federal Reserve will likely be patient in lowering borrowing costs into the autumn months and beyond. The Commerce Read more…
US CPI rose 0.2% mom in August, matched expectations. However, core CPI rose 0.3% mom, above expectation of 0.2% mom. Shelter costs jumped 0.5% mom and was the main factor in the all items increase. Read more…