With jet fuel prices still elevated over the war in Iran and climbing suddenly each time there is renewed fighting, multiple airlines are struggling to cover the costs; in some cases to the point of Read more…
A few weeks ago, I used Uber Eats to deliver me a case of bottled water, a dozen Starbucks iced coffee bottles, and a 12-pack of Gatorade Zero. It cost a little more than going Read more…
This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here. Happy Monday. Stock futures were falling, pulled down by surging oil prices, sinking AI stocks and Read more…
EUR/USD’s fall from 1.1710 resumed by breaking through 11565 support today. The break of 55 D EMA (now at 1.1564) argues that rebound from 1.1323 has completed with three waves up to 1.1710. Intraday bias Read more…
Dell Technologies (DELL) and Hewlett Packard Enterprise (HPE) found themselves at the top of the S&P 500 on the back of Oracle’s (ORCL) forceful reminder of how much money is still flowing into AI infrastructure. Read more…
Intraday bias in USD/JPY remains neutral at this point. On the upside, firm break of 154.79 resistance should indicate short term bottoming at 152.87, and bring stronger rise to 55 4H EMA (now at 155.30). Read more…
The market is virtually certain that the Fed will raise interest rates. Speculators are beginning to return to the US dollar. The US dollar has risen in response to inflation data and the escalation of Read more…
Market Overview The crypto market capitalisation, standing at $2.65T at the start of the week, has remained relatively stable over the last four days and is 2.2% below last week’s opening figures. For more than Read more…
Intraday bias in GBP/USD remains neutral for the moment. On the downside, sustained break of 55 D EMA (now at 1.3484) will indicate that whole rebound from 1.3139 has completed. Deeper fall should be seen Read more…
USD/CHF’s rally continues today today and intraday bias stays on the upside for 0.8205/13 resistance zone. Decisive break there will carry larger bullish implications. Further rise will now remain mildly in favor as long as Read more…