Sitting south of the Bahamas and north of the island holding Haiti and the Dominican Republic, the British overseas territory of Turks and Caicos is often considered to be one of the world’s most luxurious Read more…
Daily Pivots: (S1) 0.6672; (P) 0.6693; (R1) 0.6707; More… AUD/USD’s fall from 0.6798 accelerates lower today and intraday bias stays on the downside for 38.2% retracement of 0.6361 to 0.6798 at 0.6631. Strong support could Read more…
Australian Dollar continues to lead the decline among commodity currencies today, with the selloff appearing to accelerate. Despite stabilization in risk sentiment in Europe where major indexes are trading positively, and US futures, particularly NASDAQ, Read more…
Over the last few months, a number of safety incidents on Southwest Airlines (LUV) flights have placed the airline in a spotlight it would rather not be under. At the end of June, a flight Read more…
When Delta Air Lines (DAL) announced second-quarter revenue that set records but still fell below analyst expectations with low sales growth and projected profit of no more than $1.70 and $2.00 per share, analysts promptly Read more…
Bundesbank’s latest monthly report indicates that while some factors are bolstering the economy, they are simultaneously complicating efforts to bring inflation down to target. “The labor markets are still operating at high capacity, wage growth Read more…
EURCHF spikes lower following rejection at 23.6% Fibo Price trades sideways after break below 50-day SMA Momentum indicators are neutral-to-negative EURCHF has been staging a solid recovery since mid-June, advancing to its highest level in more than a Read more…
EURUSD edges higher in European trading on Monday as bears are taking a breather after a two-day pullback from a multi-week high (1.0948). Rising 10DMA and Fibo 23.6% of 1.0666/1.0948 (1.0881) contained dips for now, Read more…
The USDCNH pair represents the exchange rate between the US dollar and the Chinese yuan. Factors influencing the US dollar include Federal Reserve policies, inflation rates, and the overall health of the US economy. In Read more…
Nvidia shares moved higher in early Monday trading as investors looked to reverse some of last week’s $280 million decline amid reports of a new China-focused AI chip and a bullish endorsement from a key Read more…