Bank of Canada to slash rates by 25bps for the second time in a row More easing expected, but policymakers might signal a data-dependent approach USDCAD tests key resistance of 1.3740; key support at 1.3620 Read more…
Wednesday’s PMI surveys key for both the Fed and the BoE Eurozone PMI manufacturing survey could disappoint again US PMIs unlikely to unsettle September Fed expectations UK figures could surprise on the upside after the Read more…
AUDUSD hit three-week low on Monday after recovery attempts overnight were short-lived and bears regained full control. The pair remains in a steep downtrend for the sixth straight day and retraced so far 61.8% of Read more…
Markets Biden’s dropout from the presidential race grabbed most of the headlines today, if only because there was basically no other news to report. He and many other Democrats have endorsed the current runner-up Kamala Read more…
It’s been a turbulent decade for Boeing — the aircraft maker’s public image has suffered a slow and bumpy descent as the company found itself at the center of one controversy after another. In early Read more…
Cruise line passengers who earn status in a loyalty program tend to study the benefits they get. For Royal Caribbean Crown & Anchor members, those benefits become truly meaningful when a passenger hits Diamond. Reaching Read more…
Daily Pivots: (S1) 1.0870; (P) 1.0889; (R1) 1.0903; More…. EUR/USD is staying in range below 1.0947 and intraday bias remains neutral. Further rise is in favor as long as 1.0871 minor support holds. Break of Read more…
Daily Pivots: (S1) 1.2886; (P) 1.2930; (R1) 1.2958; More… Intraday bias in GBP/USD remains neutral for consolidation below 1.3043. Downside of consolidations should be contained by 1.2859 resistance turned support to bring another rally. Break Read more…
Daily Pivots: (S1) 0.8867; (P) 0.8884; (R1) 0.8908; More… USD/CHF is staying in range above 0.8819 and intraday bias remains neutral. Further decline is in favor as long as 0.8914 support turned resistance holds. Break Read more…
Daily Pivots: (S1) 157.02; (P) 157.38; (R1) 157.78; More… USD/JPY is staying in range above 155.36 temporary low and intraday bias remains neutral. Further decline is expected with 158.85 resistance intact. Below 155.36 will target Read more…