Spot gold remains firmly in red for the second straight day and falls to two-week low on Wednesday, in extension to Tuesday’s 1% drop, pressured by stronger dollar on expectations global inflation concerns could prompt Read more…
GE CEO Larry Culp said the group is seeing “plenty of demand”, but noted that product delivery remains a challenge amid supply chain disruptions. Updated at 9:37 am EST General Electric (GE) – Get General Read more…
Daily Pivots: (S1) 1.4889; (P) 1.4941; (R1) 1.5006; More… EUR/AUD’s fall from 1.5277 resumed by breaking through 1.4882 temporary low, and intraday bias is back on the downside. Corrective rebound from 1.4138 should have completed Read more…
Daily Pivots: (S1) 1.0681; (P) 1.0732 (R1) 1.0786; More… Intraday bias in EUR/USD stays neutral at this point. On the upside, break of 1.0786, and sustained trading above 55 day EMA (now at 1.0757) will Read more…
Daily Pivots: (S1) 1.2557; (P) 1.2606; (R1) 1.2652; More… Intraday bias in GBP/USD stays neutral at this point. On the upside, above 1.2666 will resume the rebound from 1.2154. Sustained of 55 day EMA (now Read more…
Yum’s Taco Bell adds another drink innovation, beyond the cult classic Baja Blast. Ever since Taco Bell started selling PepsiCo’s (PEP) – Get PepsiCo, Inc. Report Mountain Dew Baja Blast in 2004, the chain has been attracting customers Read more…
Daily Pivots: (S1) 0.9569; (P) 0.9595; (R1) 0.9625; More… Outlook is USD/CHF is unchanged. Strong support is still expected at 61.8% retracement of 0.9193 to 1.0063 at 0.9525 to complete the pull back from 1.0063. Read more…
Daily Pivots: (S1) 127.04; (P) 127.43; (R1) 128.00; More… Focus remains on 129.77 resistance in USD/JPY. Break there should confirm that pull back from 131.34 has completed at 126.35. Larger up trend should be resuming. Read more…
Daily Pivots: (S1) 1.2624; (P) 1.2656; (R1) 1.2682; More… Intraday bias in USD/CAD remains on the downside. Decline from 1.3075 is in progress for 1.2401 support. . Firm break there will argue that whole rebound Read more…
Australian Dollar is leading commodity currencies higher again, on the back of positive market sentiment. The Aussie is additionally support by better than expected GDP data, which affirms the case for more RBA rate hike. Read more…