Daily Pivots: (S1) 0.9852; (P) 0.9912; (R1) 0.9975; More USD/CHF is staying in consolidation from 0.9964 and intraday bias stays neutral. In case of another retreat, downside should be contained by 4 hour 55 EMA Read more…
Daily Pivots: (S1) 0.9551; (P) 0.9610; (R1) 0.9652; More… Intraday bias in EUR/USD stays mildly on the downside despite loss of downside momentum. Current down trend should target 161.8% projection of 1.0368 to 0.9863 from Read more…
DocuSign said the job cuts will “improve operating margin and support the company’s growth, scale and profitability objectives”. Updated at 9:38 am EST DocuSign (DOCU) – Get DocuSign Inc. Report shares moved higher Wednesday after the online Read more…
Daily Pivots: (S1) 1.0645; (P) 1.0742; (R1) 1.0829; More… GBP/USD is staying in consolidation above 1.0351 temporary low and intraday bias remains neutral. While stronger recovery cannot be ruled out, upside should be limited by Read more…
In a surprised move, BoE announced to intervene in the gilt markets. While 10-year gilt yield drops notably on the news, the recovery in FTSE is just mild. Sterling also just fluctuates and it’s trading Read more…
So, the Bank of England finally intervenes after coming under so much pressure to act as they saw borrowing costs soar, while bonds, sterling and the FTSE all got a hammering. In response, we saw Read more…
US goods exports dropped -0.9% mom to USD 179.8B in August. Goods imports dropped -1.7% mom to USD 267.1B. Trade deficit came in at US D-87.3B, comparing with July’s USD -90.2B. Wholesale inventories rose 1.3% Read more…
I’m very excited for Livewire v3. The new features look amazing! Read more
A brand long associated with being a ‘value’ choice now commands the biggest markup over its showroom sticker price. There are some brands of cars that naturally command a higher sticker price on the showroom Read more…
A surprise move to stem soaring bond yields by the Bank of England helped pare earlier market decline, but U.S. stocks are still looking to extend losses heading into the Wednesday session. U.S. equity futures Read more…