It’s been another eventful week with focus on the timing of the ‘central bank pivot’, UK budget mess, a large OPEC production cut and rising tensions in the Ukraine war. Especially the possible pivot of Read more…
AUDJPY tumbled yesterday, after hitting resistance at the crossroads of the 94.50 level and the upper bound of a rising wedge formation that had been containing the price action since September 27. The slide resulted in Read more…
More and more of the world’s central banks are turning to currency interventions to keep their currencies from weakening. While each central bank is saving its currency, they are all working together to undermine the Read more…
Markets The US labour market hums along. Companies in September added 263k jobs. The biggest contributing sectors were education & health (+90k), leisure & hospitality (+83k) and professional business services (+46k). Some point at seasonal Read more…
Enlarge / CHINA – 2022/07/25: In this photo illustration, the cryptocurrency exchange trading platform Binance logo is displayed on a smartphone screen. (Photo Illustration by Budrul Chukrut/SOPA Images/LightRocket via Getty Images) (credit: SOPA Images) Hackers Read more…
Lenovo has made a solid budget computer — for the right workload Continue reading…
US stocks tumbled as job strength remains, which means we most likely won’t be seeing a Fed downshift at the next FOMC meeting in November. Treasury yields rose alongside the US dollar after another solid Read more…
Daily Pivots: (S1) 144.64; (P) 144.89; (R1) 145.39; More… Intraday bias in USD/JPY remains neutral for the moment. Further rally is expected as long as 139.37 resistance turned support holds. Break of 145.89 will target Read more…
Daily Pivots: (S1) 0.9819; (P) 0.9867; (R1) 0.9952; More… USD/CHF is still staying below 0.9964 resistance and intraday bias remains neutral. Consolidation from 0.9964 could extend but further rally is in favor as long as Read more…
Daily Pivots: (S1) 1.1054; (P) 1.1219; (R1) 1.1323; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, break of 1.1023 minor support will indicate that rebound from 1.0351 is over. Intraday Read more…