Household bills, including housing, utilities, insurance and car payments, make up roughly 47% of a household’s income and 27% of all consumer spending, according to a new study from Doxo Insights. Americans spend $5.03 trillion Read more…
GBP/USD’s strong break of 1.3300 support turned resistance suggests that fall from 1.3650 has completed at 1.3139 already. Intraday bias is back on the upside for 1.3459 resistance. Firm break there will argue that correction Read more…
USD/CHF’s fall from 0.8139 extends lower today but it’s still holding on to 0.8012 resistance turned support. Intraday bias stays neutral first. On the upside, above 0.8139 will extend the larger rise from 0.7603 to Read more…
AUD/USD recovers further as consolidations from 0.6864 continues. But upside is limited below 0.6977 support turned resistance. Intraday bias remains neutral, and further decline is in favor. Below 0.6864 will extend the fall from 0.7277 Read more…
The return of the long-requested Snack Wrap after nearly a decade missing from menus generated strong consumer interest and became part of McDonald’s broader effort to reignite menu momentum. The relaunch sparked strong demand across Read more…
USD/CAD dips again as consolidation from 1.4247 extends. Intraday bias remains neutral. Deeper pullback, but downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement Read more…
The June non farm payrolls report did not prove the US economy is breaking. It did something more important for markets: it showed the labor market is not hot enough to force the Fed’s hand. Read more…
Five of the biggest names in American pharma just got a deadline from Washington. The House Select Committee on China sent letters this week to Merck (MRK), AbbVie (ABBV), Eli Lilly (LLY), Pfizer (PFE), and Read more…
USD/JPY’s steep decline and strong break of 161.51 support confirms short term topping at 162.83, on bearish divergence condition in 4H MACD. Intraday bias is back on the downside for 38.2% retracement of 155.01 to Read more…
US job growth slowed much more than expected in June, with Non-Farm Payrolls rising just 57k, well below the consensus forecast of 114k. The previous month’s gain was also revised sharply lower to 129k from Read more…