Daily Pivots: (S1) 1.3250; (P) 1.3291; (R1) 1.3318; More… Range trading continues in GBP/USD and intraday bias remains neutral. On the downside, firm break of 1.3232 support will indicate short term topping and rejection by Read more…
Daily Pivots: (S1) 1.1257; (P) 1.1319; (R1) 1.1364; More… EUR/USD is staying in tight range above 1.1265 and intraday bias remains neutral. On the downside, below 1.1265 will resume the corrective fall from 1.1572 short Read more…
The currency markets remain subdued in early trading this week, with the exception of a broad, mild Dollar weakness. Among the major currencies, movements have been muted despite notable developments. Swiss inflation falling back to Read more…
Most Costco members would agree that there are a lot of things the company does right. For one thing, Costco’s prices are downright impressive. Some of its grocery products are priced so competitively that members Read more…
It’s probably a gross understatement to say that the U.S. economy is a behemoth, the likes of which is a marvel to behold. For all of its faults and detractors, the American markets propel a Read more…
WTI Oil opened with $2 gap lower on Monday and hit the lowest since Apr 9, after OPEC+ over the weekend announced decision to further increase oil production by 411K bpd from June. This marks Read more…
Italian ECB Governing Council member Fabio Panetta warned today that rising protectionism poses a serious threat to global economic stability Speaking at an event, Panetta said, “Openness to trade has benefited both advanced and developing Read more…
It’s barely an exaggeration to say that the food in Disney theme parks is a big part of the experience, almost as much as the rides. And anyone who has visited one of the parks Read more…
It was nearly three weeks ago, ahead of the long Easter weekend, that President Donald Trump loudly announced that he couldn’t fire Federal Reserve Chairman Jerome Powell fast enough. What the president wanted — and Powell wouldn’t Read more…
For the past few years, consumers have faced an uphill battle with inflation. Higher prices started to take hold in 2021, and the problem really hasn’t gone away since. Only now, consumers have a new Read more…