Daily Pivots: (S1) 1.0469; (P) 1.0555 (R1) 1.0605; More… EUR/USD’s fall from 1.0786 is still in progress. Intraday bias stays on the downside for retesting 1.0348 and 1.0339 long term support. Decisive break there will Read more…
Negotiate your way to a bigger paycheck — even with rising inflation. The U.S. labor sector is starting to lose momentum at the mid-point of 2022, with brand name companies like Netflix (NFLX) – Get Read more…
Biotech may be one of the biggest beneficiaries of artificial intelligence and machine learning. Investors are increasingly hearing how artificial intelligence may make drug development more efficient. It’s far from science fiction. Pfizer (PFE) – Read more…
Daily Pivots: (S1) 1.2242; (P) 1.2380; (R1) 1.2459; More… GBP/USD accelerates lower today and intraday bias remains on the downside. Decisive break of 1.2154 low will will resume larger down trend. Next target is 61.8% Read more…
Binance, the world’s largest cryptocurrency exchange by volume, said Monday that it was temporarily pausing Bitcoin withdrawals. “Binance has temporarily paused #Bitcoin withdrawals on the $BTC network,” the exchange tweeted. “Meanwhile, you can still withdraw Read more…
Sterling falls broadly today after GDP unexpected contracted for the second month in April. Chance of an overall contract in Q2 is raised while there are few positive signs for Q3 for now. Meanwhile, the Read more…
“The idea that there is some Goldilocks outcome in the cards or soft landing is a mockery,” said Quill Intelligence CEO Danielle DiMartino Booth. The Federal Reserve could shock markets this week with a bigger-than-expected Read more…
US futures are tumbling as the bond market flashes a recession warning signal. Investors fear an the Fed could have to act aggressively, pushing the economy into recession. US futures Dow futures -1.8% at 30800 Read more…
The AUDUSD extends steep fall into fourth straight day and falls below 0.70 support for the first time in one month. Risk aversion and stronger US dollar on expectations for more aggressive Fed after another Read more…
This week we welcome Allen Downey (@AllenDowney) as the PyDev of the Week! Allen is the author of Think Python, Modeling and Simulation in Python, Think Java: How to Think Like a Computer Scientist, and Read more…