Daily Pivots: (S1) 1.3021; (P) 1.3069; (R1) 1.3165; More… Intraday bias in GBP/USD remains neutral for the moment. Another fall will remain in favor as long as 1.3165 resistance holds. Break of 1.2971 will resume Read more…
Daily Pivots: (S1) 1.0836; (P) 1.0865 (R1) 1.0921; More… EUR/USD retreats sharply after failing to break through 1.0937 minor resistance. Intraday bias remains neutral first. On the downside, sustained break of 1.0805 low will resume Read more…
Euro is knocked down in early US session after ECB left interest rates unchanged. The central bank leaves the option to continue the asset purchases program after June, even though it will be concluded in Read more…
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 14 April 2022 Good afternoon, the Vice-President and I welcome you to our press conference. Russia’s aggression towards Ukraine Read more…
US retail sales rose 0.5% mom to USD 665.7B in March, slightly below expectation of 0.5% mom. Ex-auto sales rose 1.1% mom, above expectation of 0.7% mom. Ex-gasoline sales dropped -0.3% mom. Ex-auto, ex-gasoline sales Read more…
US initial jobless claims rose 18k to 185k in the week ending April 9, above expectation of 175k. Four-week moving average of initial claims rose 2k to 172k. Continuing claims dropped -48k to 1475k in Read more…
Record high gas prices and the fastest inflation in forty years continue to hold back consumer spending, with March retail sales slowing from their February levels. U.S. retail sales growth eased again in March, data Read more…
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Taxes can be tricky for gig economy workers with multiple jobs. Keeping track of your income and reporting it accurately is key. For information on the third coronavirus relief package, please visit our “American Rescue Read more…
“While the geopolitical and macro environment has become more volatile, we are executing the strategy we announced at our recent Investor Day,” said CEO Jane Fraser. Updated at 8:27 am EST Citigroup (C) – Get Read more…