European currencies remain on the defensive as the new trading year unfolds, with Euro struggling near its lowest level against Dollar since 2022 and Sterling hovering close to a nine-month low. Dollar, while firm, is Read more…
In focus today From the US, the ISM Manufacturing index for December is due for release. The latest PMI survey and hard industrial production data have pointed towards subdued output growth. In the evening, Richmond Read more…
Key Highlights USD/JPY started a fresh rally above the 154.50 resistance. A key bullish trend line is forming with support at 155.80 on the 4-hour chart. EUR/USD accelerated losses and traded below the 1.0340 support. Read more…
Short Term Elliott Wave view in GBPUSD suggests decline from 12.6.2024 high is in progress as a 5 waves impulse. Down from 12.6.2024 high, wave ((i)) ended at 1.247 and wave ((ii)) rally ended at Read more…
In 2023, one of the venerated Detroit Big Three automakers led the pack for the third consecutive year in a category that should not be worthy of any praise or prize: recalls. The Dearborn, Michigan-based Read more…
Last year, Walt Disney World Resort in Orlando frustrated some of its guests after implementing a series of price increases during a time when Disney (DIS) vacations are putting some visitors into debt. In October, Read more…
With the holidays behind us and the new year officially underway, many people are already feeling a case of the January blues. Post-holiday winter doldrums, as airlines know very well, are often fixed by a Read more…
It’s officially a new year and as always, this means new opportunities for investors. One question that’s likely on many people’s minds is: Which new companies plan to go public in 2025? 🎁 Don’t Miss This Read more…
You have to wonder what Bob Galvin would have thought of Jetson Thor. Galvin was the CEO of Motorola and back in 1967, he was the kickoff speaker at the first Consumer Electronics Show in Read more…