Daily Pivots: (S1) 1.1682; (P) 1.1791; (R1) 1.1849; More… Intraday bias in GBP/USD remains on the downside at this point. Current decline should target 1.1409 long term support. On the upside, above 1.1899 minor resistance Read more…
Daily Pivots: (S1) 0.9911; (P) 1.0000; (R1) 1.0053; More… EUR/USD recovers notably today but stays in established range above 0.9899. Intraday bias remains neutral first. On the downside, break of 0.9899 will resume larger down Read more…
Euro is staging a strong come back today, as supported by hawkish comments from ECB officials over the weekend. In short, a 50bps rate hike looks like that base case for ECB meeting next week, Read more…
Spot gold price fell to one month low on Monday, in extension of last Friday’s 1.2% drop, under fresh pressure on comments from Federal Reserve Chair Jerome Powell, who signaled that the central bank remains Read more…
Oil prices edged slightly higher today but fails to gather enough upside momentum so far. It’s supported by hopes of a production cut from OPEC+, as response to restore balance after Iran’s nuclear deal. Also, Read more…
If you’re a T-Mobile customer in the US, chances are that your smartphone has displayed a 5G UC badge at some point. While most of us already know that 5G is the successor to 4G Read more…
The Japanese yen has started the week with sharp losses, with USD/JPY rising as high as 139.00 earlier today. In the European session, USD/JPY is trading at 138.52, up 0.75%. The month of August can’t Read more…
Surround sound through headphones, known as spatial audio, is a hot topic in the audio world. But there isn’t a singular implementation of this idea. Microsoft’s entry in the field is Windows Sonic for Headphones, Read more…
The Fed’s pledge to ‘forcefully’ bring down inflation has Treasury yields spiking, the dollar extending gains and stocks back in the red Monday. U.S. equity futures extended declines Monday, while Treasury bond yields spiked and Read more…
Tomorrow, Germany reports CPI figures for July. That gives us a first look at what to expect from inflation data out of the EuroZone to be released on Wednesday. The consensus is for another increase, Read more…