The dollar index kept firm tone and hit new two year high on the first trading day of the new year, as markets started to gain pace after a quiet holiday mode. The dollar gained Read more…
Daily Pivots: (S1) 1.0321; (P) 1.0389; (R1) 1.0429; More… EUR/USD’s decline from 11213 resumed by breaking through 1.0330 support and intraday bias is back on the downside. Next target is 1.0199 fibonacci level. On the Read more…
Daily Pivots: (S1) 0.9024; (P) 0.9052; (R1) 0.9095; More… USD/CHF’s rally fro 0.8374 is still in progress and intraday bias stays on the upside. Firm break of 61.8% projection of 0.8374 to 0.8956 from 0.8735 Read more…
Daily Pivots: (S1) 156.70; (P) 157.38; (R1) 158.09; More… USD/JPY is staying in consolidation below 158.06 and intraday bias remains neutral. Outlook will stay bullish as long as 55 D EMA (now at 153.16) holds. Read more…
Daily Pivots: (S1) 1.2481; (P) 1.2545; (R1) 1.2582; More… GBP/USD’s decline from 1.3433 resumed by breaking through 1.2474 support today. Intraday bias is back on the downside for 1.2298 cluster support zone. Strong support is Read more…
Sterling to leads declines among European currencies, with its selloff accelerating as US markets open. Downward revisions to December’s PMI manufacturing data reaffirm the grim economic outlook for both Eurozone and UK. While these revisions Read more…
Updated at 9:42 AM EST Tesla shares moved lower in early Thursday trading after the electric vehicle maker posted its first-ever annual delivery decline even as it shifted a record number of units over the Read more…
US initial jobless claims fell -9k to 211k in the week ending December 28, below expectation of 223k. Four-week moving average of initial claims fell -3.5k to 223k. Continuing claims fell -52k to 1844k in Read more…
Sometimes, passengers bring banned items onboard because they’re unaware the item isn’t allowed. People who don’t cruise regularly can be forgiven for not knowing that every cruise line bans irons, steamers, and other similar devices. Read more…
As the global markets reopen have the New Years’ Day, Japanese markets are closed for a holiday. It’s a very light economic calendar today, with no Japanese releases and only one US tier event – Read more…