In 2022, Wells Fargo (WFC) made a unique investment in a credit card with startup company Bilt Technologies that allowed customers to use it to pay rent without the burden of facing landlord fees and Read more…
The U.S. economy is starting to see weakness in its most important growth driver, the American consumer, just as the job market displays the first signs of softness heading into the year’s second half. Consumer Read more…
Major retailers with drugstore operations have been reducing the amount of their locations since the Covid-19 pandemic subsided in an effort to streamline operations, eliminate underperforming stores or leases that don’t make sense and to Read more…
AUDCAD rebounds and breaks above 0.9125 Overall, it remains above a prior upside channel The advance may continue towards the 0.9230 zone A dip below 0.9000 could signal a bearish correction AUDCAD rebounded strongly on Read more…
Gold price edged higher in early Wednesday’s trading after softer than expected US retail sales numbers improved the sentiment on fresh expectations for Fed rate cut this year. The price is holding near pivotal barrier Read more…
UK Inflation Rate: UK Inflation Rate YoY reaches 2% yet services inflation poses a challenge. UK Core Inflation Rate YoY 3.5% down from a previous print of 3.9%. GBP/USD rises as 1.2750 resistance area beckons. Read more…
Gold consolidates within ascending channel 20- and 50-period SMA post bullish cross MACD and RSI head higher Gold prices have been developing within an upward sloping channel in the short-term view with strong resistance at Read more…
USDJPY in a steady advance after pullback halts at 50-day SMA Momentum indicators are strengthening in their positive zones USDJPY experienced a strong setback from its 34-year high of 160.20 following an intervention by Japanese authorities in Read more…
AUD/USD is attempting a recovery wave from 0.6590. NZD/USD could gain bullish momentum if there is a clear move above the 0.6150 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found Read more…
Daily Pivots: (S1) 0.9466; (P) 0.9512; (R1) 0.9541; More…. Intraday bias in EUR/CHF remains on the downside at this point Sustained trading below below 61.8% retracement of 0.9252 to 0.9928 at 0.9510 will raise the Read more…