Daily Pivots: (S1) 1.0800; (P) 1.0848; (R1) 1.0924; More… Intraday bias in EUR/USD remains on the upside at this point. Decisive break of 1.1016 resistance will confirm resumption of whole rally from 1.0447. Further rally Read more…
Daily Pivots: (S1) 1.2534; (P) 1.2585; (R1) 1.2669; More… Intraday bias in GBP/USD remains on the upside at this point. Sustained break of 1.2731 will confirm resumption of whole rally from 1.2036. Next target is Read more…
Daily Pivots: (S1) 0.8679; (P) 0.8729; (R1) 0.8768; More…. USD/CHF recovered ahead of 0.8665 support and intraday bias is turned neutral first. Risk will stay on the downside as long as 0.8819 resistance holds. On Read more…
Vivendi (VIVHY) – Get Free Report shares jumped after the French media conglomerate said it was considering splitting itself into three businesses. Shares of the Paris company were up 8.1% to $9.68 at last check. The Read more…
Daily Pivots: (S1) 144.74; (P) 145.47; (R1) 146.19; More… Intraday bias in USD/JPY remains on the downside at this point. Current fall from 151.89 is in progress for next fibonacci level at 136.63. On the Read more…
Adobe (ADBE) – Get Free Report shares slipped in premarket trading after the graphics-software stalwart reported stronger-than-expected adjusted fiscal-fourth-quarter earnings but a weaker-than-expected revenue outlook. For the quarter ended Dec. 1, on a GAAP basis the Read more…
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US initial jobless claims fell -19k to 202k in the week ending December 9, below expectation of 221k. Four-week moving average of initial claims fell -7.75k to 213k. Continuing claims rose 20k to 1876k in Read more…
US retail sales rose 0.3% mom to USD 705.7B in November, better than expectation of -0.1% mom decline. Ex-auto sales rose 0.2% mom to USD 571.2B, above expectation of -0.1% mom. Ex-gasoline sales rose 0.6% Read more…
ECB kept interest rates unchanged, maintaining the main refinancing rate at 4.50% and the deposit rate at 4.00%, as was widely anticipated. In a significant update, ECB substantially lowered its headline inflation forecast for 2024 Read more…