Daily Pivots: (S1) 1.2673; (P) 1.2727; (R1) 1.2754; More… GBP/USD is staying in range of 1.2670/2799 and intraday bias remains neutral. Some more consolidations could be seen but further rise is expected as long as Read more…
Daily Pivots: (S1) 157.16; (P) 157.44; (R1) 157.94; More… Immediate focus is now on 156.57 minor support in USD/JPY. Decisive break there will confirm short term topping at 157.70, on bearish divergence condition in 4 Read more…
The Swiss franc has posted strong gains on Thursday after Switzerland’s GDP was hotter than expected. USD/CHF is down 0.83% on the day and is trading at 0.9056 early in the North American session. In Read more…
Daily Pivots: (S1) 0.9116; (P) 0.9130; (R1) 0.9147; More…. USD/CHF’s fall from 0.9157 accelerates lower today, and the development suggests that rebound from 0.8987 has completed already. Fall from 0.9157 is now seen as the Read more…
As US session commences, Swiss Franc and Japanese Yen are trading as the day’s strongest currencies, fueled by risk aversion in US markets. While major European indices exhibit only modest fluctuations, US futures indicate notably Read more…
Cruise ships put thousands of passengers and crew members in close proximity. In many ways, it’s like living in a college dorm where rooms are small, people are packed in, and the inconsiderate actions of Read more…
US initial jobless claims rose 3k to 219k in the week ending May 25, slightly above expectation of 218k. Four-week moving average of initial claims rose 2.5k to 222.5k. Continuing claims rose 4k to 1791k Read more…
Salesforce shares fell sharply lower in early Thursday trading, and could potentially shed more than $40 billion in value over the session, after the enterprise software group’s disappointing fiscal-first-quarter earnings. Salesforce (CRM) , a Dow Read more…
Key takeaways Form 7206 is a new IRS form for self-employed taxpayers to figure their deduction for health insurance costs.Self-employed individuals, partners, and those who used optional methods to calculate net earnings from self-employment should Read more…
Pound gains as BoE seen cutting rates late Economy improves but inflation may further slow A Labor victory could make the BoE’s job easier As rate cuts come forward, pound may weaken Sticky core inflation Read more…