Global investors are braced for a key March inflation report that is expected to either challenge or support the Federal Reserve’s interest-rate-cut projections over the back half of the year, while potentially priming the pump Read more…
NFIB’s Small Business Optimism Index fell 0.9 points to 88.5 in March, disappointing market expectations for a modest increase to 89.7. This marked the lowest level in the headline index since 2012. Six of the Read more…
The New Zealand dollar has posted considerable gains on Tuesday. In the North American session, NZD/USD is trading at 0.6065, up 0.54% and its highest level since March 21. RBNZ widely expected to hold cash Read more…
Gold has been hitting all-time highs almost daily for the past two weeks, reaching $2365 in the spot market on Tuesday before the start of US trading. The ability to rise above $2070 per ounce, Read more…
Daily Pivots: (S1) 1.6398; (P) 1.6456; (R1) 1.6500; More.. EUR/AUD’s decline from 1.6742 resumed by breaking through 1.6412 support and intraday bias is back on the downside. Current development suggests that rebound from 1.6127 has Read more…
Caroline Woods brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Tuesday, April 9. Full Video Transcript Below: CAROLINE WOODS: I’m Caroline Woods reporting from Read more…
Daily Pivots: (S1) 0.6573; (P) 0.6592; (R1) 0.6623; More… AUD/USD’s rise from 0.6480 resumed by breaking through 0.6618 resistance and intraday bias is back on the upside. Current development affirms that case pattern from 0.6442 Read more…
Usually, when a retail chain hires a liquidation firm, that’s the end. Recent history has shown that the brand name may come back, and sometimes, years later, some form of physical stores may reappear, but Read more…
Daily Pivots: (S1) 151.61; (P) 151.77; (R1) 152.02; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, break of 150.80 will turn bias back to the downside for deeper pull Read more…
Daily Pivots: (S1) 0.9016; (P) 0.9041; (R1) 0.9079; More…. No change in USD/CHF’s outlook as consolidation from 0.9094 is extending. Intraday bias stays neutral at this point. Deeper decline cannot be ruled out, but outlook Read more…