Gold price fell around 2% on Monday as safe haven demand faded on calmer tones from the Middle East, which ease fears for conflict escalation. Traders partially collected profits after gold repeatedly failed to sustain Read more…
Markets Eurostat today published deficit and debt data for the years 2020-2023 in E(M)U). The euro area government deficit declined marginally from 3.7% of GDP in 2022 to 3.6% in 2023. The government debt to Read more…
Costco has a reputation for treating its employees well and has generally paid higher wages than its retail rivals do. No protests were needed to get the warehouse club to pay $15 an hour as Read more…
Daily Pivots: (S1) 1.0618; (P) 1.0648; (R1) 1.0686; More… EUR/USD is staying in consolidation from 1.0601 and intraday bias stays neutral. Upside of recovery should be limited by 1.0723 support turned resistance. Break of 1.0601 Read more…
Daily Pivots: (S1) 0.9032; (P) 0.9084; (R1) 0.9156; More…. USD/CHF is extending the consolidation pattern from 0.9151 and intraday bias stays neutral. Further rally is expected as long as 0.8996 support holds. Break of 0.9151 Read more…
Daily Pivots: (S1) 153.93; (P) 154.30; (R1) 155.02; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the upside, break of 154.77 will resume larger up trend. But considering bearish divergence condition Read more…
Daily Pivots: (S1) 1.2336; (P) 1.2402; (R1) 1.2437; More… GBP/USD’s decline extends further to as low as 1.2301 so far today. Intraday bias stays on the downside for 161.8% projection of 1.2892 to 1.2538 from Read more…
British Pound faced broad selloff today, continuing its decline in response to comments made last Friday by BoE Deputy Governor Dave Ramsden. Ramsden expressed he is now much less worried about inflation, and expects upcoming Read more…
Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, April 22. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from the Read more…
Tesla shares extended their extraordinary slump Monday and look set to open at the lowest level in more than 15 months, as investors brace for what could be a difficult first-quarter earnings report later this Read more…