Daily Pivots: (S1) 0.8805; (P) 0.8827; (R1) 0.8841; More… USD/CHF’s breach of 0.8757 suggests that fall from 0.9196 is resuming. Intraday bias is back on the downside. Next target is 61.8% projection of 0.9196 to Read more…
Daily Pivots: (S1) 148.80; (P) 149.64; (R1) 150.19; More… Intraday bias in USD/JPY is back on the downside with break of 148.69 and retest of 146.52 low should be seen next. Firm break there will Read more…
Reactions in the US markets to the long-anticipated reciprocal tariff announcement were decisively negative. NASDAQ futures tumbled more than -3%, while DOW futures shed as much as -2% at one point. US 10-year yields plunged Read more…
McDonald’s prides itself on being one of the world’s leading fast food companies, with over 43,000 locations worldwide and millions of fans who consume its products religiously, no matter the time of day. The fast Read more…
China’s Caixin Services PMI ticked up to 51.9 in March from 51.4, while Composite PMI rose to 51.8 from 51.5, marking the 17th consecutive month of expansion. According to Caixin Insight Group’s Wang Zhe, both Read more…
Japan’s services sector lost momentum in March, with the final PMI Services reading falling to the neutral mark of 50.0, down sharply from 53.7 in February. Composite PMI dropped to 48.9—its lowest since November 2022—signaling Read more…
Key Highlights GBP/USD started a consolidation phase below the 1.3000 resistance. A key declining channel or a bullish flag is forming with resistance at 1.2955 on the 4-hour chart. EUR/USD is eyeing a fresh increase Read more…
Some brands are like Teflon. No matter how many times they make a marketing misstep or otherwise alienate customers, controversy doesn’t stick and they seem to carry on. Apple, Amazon, Lego, Starbucks, and Coca-Cola are Read more…
The long-awaited U.S. reciprocal tariffs announced have been large and broad-based, but critically exempt Canada and Mexico (at least for now) through CUSMA/USMCA compliant trade. The announcement includes a baseline 10% minimum tariff rate for Read more…
The U.S. administration announced broad reciprocal tariffs today, targeting all trading partners, and not just the countries that run large trade surpluses with the U.S. The tariffs will be implemented under the International Emergency Economic Read more…