The US dollar has seen a significant increase in strength against the Euro, with the EUR/USD pair falling to 1.0770 by Monday morning. This movement is largely attributed to the recent release of robust employment Read more…
TheStreet’s J.D. Durkin brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Monday, February 5. Full Video Transcript Below: J.D. DURKIN: I’m J.D. Durkin, reporting from Read more…
US ISM Services PMI marked a significant uptick from 50.6 to 53.4 in January, above expectation of 52.1. This highlights a strengthening in the services sector A closer look at the index components reveals stable Read more…
Lowe’s, America’s more-than-century-old hardware chain and the official home improvement sponsor of the NFL, employs around 300,000 individuals across over 2,000 stores in the U.S. Due to its size and nationwide prolificacy, the blue-clad big-box Read more…
Minneapolis Fed President Neel Kashkari argued in an essay that Fed’s current monetary policy stance “may not be as tight as we would have assumed”. This would afford Fed valuable leeway to sift through incoming Read more…
In this technical blog, we are going to take a look at the past performance of EURCAD 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from the 1/25/2024 peak Read more…
Daily Pivots: (S1) 145.85; (P) 146.48; (R1) 147.07; More… No change in USD/JPY’s outlook as focus remains on 148.79 resistance. Firm break there will resume the rally from 140.25 to 151.89/93 key resistance zone. For Read more…
Daily Pivots: (S1) 0.8588; (P) 0.8634; (R1) 0.8716; More…. USD/CHF is still capped below 0.8727 resistance and intraday bias stays neutral first. On the upside, above 0.8727 will resume the rebound from 0.8332, and target Read more…
Daily Pivots: (S1) 1.2574; (P) 1.2673; (R1) 1.2732; More… Intraday bias in GBP/USD is back on the downside as the fall from 1.2826 resumes. Strong focus could be seen from 1.2499 structural support. Break of Read more…
Tesla (TSLA) – Get Free Report shares extended their recent run of declines Monday, which have lopped more than $126 billion from the EV maker’s market value so far this year, after another Wall Street analyst Read more…