Daily Pivots: (S1) 1.0881; (P) 1.1000; (R1) 1.1238; More… GBP/USD’s rebound from 1.0351 is still in progress and intraday bias stays mildly on the upside. Further rise could be seen to 61.8% retracement of 1.2292 Read more…
Photo by Amelia Holowaty Krales / The Verge Stadia will shut down on January 18th, 2023. Here, you’ll find the latest developments on the service as its winds down as well as pieces from our Read more…
Daily Pivots: (S1) 0.9694; (P) 0.9755; (R1) 0.9874; More… Intraday bias in EUR/USD remains neutral at this point, and outlook stays bearish with 0.9863 support turned resistance intact. Break of 0.9634 will suggest that larger Read more…
Dollar is lifted mildly after stronger than expected core PCE inflation reading. But overall markets are relatively quite in quarter-end trading. Sterling is still keeping its place as the strongest one for the week, but Read more…
The Fed’s preferred inflation gauge topped Street forecasts Friday, snuffing out hopes of a near-term change in the central bank’s rate hiking plans. The Federal Reserve’s preferred measure of U.S. inflation sped higher in August, Read more…
US personal income rose 0.3% mom or USD 71.6B in August, matched expectations. Personal spending rose 0.4% mom or USD 67.6B, above expectation of 0.2% mom. PCE price index rose 0.3% mom, matched expectations. PCE Read more…
GBPUSD climbed higher on Thursday but met resistance today at 1.1228, still below the short-term downtrend line drawn from the high of August 10 as well as below the longer-term downside line taken from the Read more…
The billionaire is alarmed by a problem that worries and scares away advertisers. Elon Musk is one of the most influential personalities on social media. The billionaire CEO of Tesla (TSLA) – Get Tesla Inc. Read more…
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s Read more…