Market recovering from Thursday’s relatively hawkish show by the BoE Pound would benefit against the euro from an upside CPI surprise November inflation report will be released on Wednesday (07.00 GMT) A surprisingly hawkish BoE Read more…
If you asked your barista at the local coffee shop what the difference is between a latte and a cappuccino, you would expect them to know the answer. (A cappuccino has thicker frothed milk, uses Read more…
Canadians aren’t getting much relief on inflation for Christmas this year, with CPI inflation remaining at 3.1% on a year-on-year (y/y) basis in November. For headline inflation, Statistics Canada cited that higher prices for travel Read more…
In recent years, Coca-Cola hasn’t seemed to take beverage development very seriously. Instead of trying to create the new big thing, the company has seemed to bounce between gimmicks and changes in the margins. The Read more…
Canadian Dollar jumps against US Dollar in early US session. The move is primarily attributed to Canada’s CPI data, which came in stronger than anticipated, signaling persistent inflationary pressures. Despite this uptick, CAD is not Read more…
Daily Pivots: (S1) 1.3363; (P) 1.3386; (R1) 1.3422; More… USD/CAD’s decline is resuming by breaking 1.3348 temporary low. Intraday bias is back on the downside. Sustained trading below 1.3378 will extend the fall from 1.3897 Read more…
Tesla (TSLA) – Get Free Report told workers at its Sparks, Nev., battery factory that some hourly employees would see wage increases starting next month. The wage increases, first reported by CNBC, involve low-end bumps Read more…
Daily Pivots: (S1) 1.0900; (P) 1.0916; (R1) 1.0939; More… EUR/USD is staying below 1.1008/16 resistance zone despite today’s rebound. Intraday bias remains neutral for the moment. Further rally is expected as long as 1.0722 support Read more…
Daily Pivots: (S1) 1.2616; (P) 1.2660; (R1) 1.2691; More… GBP/USD rebounds strongly today but stays below 1.2793 resistance. Intraday bias remains neutral first. Further rally is expected as long as 1.2499 support holds. On the Read more…
Daily Pivots: (S1) 0.8655; (P) 0.8683; (R1) 0.8700; More…. Break of 0.8629 support suggests that USD/CHF’s decline is resuming. Intraday bias is back on the downside. Current fall from 0.9243 should target 0.8551 key support Read more…