Daily Pivots: (S1) 0.8305; (P) 0.8332; (R1) 0.8352; More… Intraday bias in EUR/GBP is back on the downside with breach of 0.8316 temporary low. Sustained break of 0.8316 will resume the fall from 0.8624 to 100% projection of 0.8624 to 0.8399 from 0.8463 at 0.8237 next. On the upside, though, above 0.8370 minor resistance will […]
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UK manufacturing sector expanded at a slower pace in September, with the PMI finalizing at 51.5, down from 52.5 in August. According to Rob Dobson, Director at S&P Global Market Intelligence, the sector continues to Read more…
Eurozone’s PMI Manufacturing was finalized at 45.0 in September, down from 45.8 in August, marking a 9-month low and reflecting further deterioration in the region’s manufacturing sector. Germany posted the weakest performance with a 12-month Read more…
When 2024 began, there was deep concern that the major indexes were showing big gains from a very narrow range of stocks. Narrow range as in: tech, tech and more tech. Monday brought a close Read more…