Consumer price inflation edged down in September to 3.8% on a year-on-year (y/y) basis, down from 4.0% in August. In month-on-month terms, prices fell 0.1%. This month’s print registered below consensus expectations. Food prices continued Read more…
Electric semi-truck competitor Volta Trucks said Tuesday that it has begun the process of filing for bankruptcy in Sweden, only a few years after the company got its start in 2019. Volta said in a Read more…
Daily Pivots: (S1) 1.0526; (P) 1.0544; (R1) 1.0578; More… Intraday bias in EUR/USD stays neutral and outlook remains bearish with 1.0639 resistance intact. On the downside, firm break of 1.0447 will resume whole fall from Read more…
Daily Pivots: (S1) 1.2161; (P) 1.2190; (R1) 1.2247; More Intraday bias in GBP/USD stays neutral and outlook remains bearish with 1.2336 resistance intact. On the downside, decisive break of 1.2036 will resume whole decline from Read more…
Daily Pivots: (S1) 0.8984; (P) 0.9014; (R1) 0.9031; More…. Intraday bias in USD/CHF remains neutral at this point. More sideway trading could be seen. On the upside, break of 0.9086 resistance will indicate that pull Read more…
Nvidia (NVDA) – Get Free Report shares led U.S. chipmakers lower in early Tuesday trading after Trade Secretary Gina Raimondo unveiled expanded restrictions on the sale of advanced technologies to China. The new restrictions, which expand upon Read more…
Daily Pivots: (S1) 149.33; (P) 149.54; (R1) 149.74; More… Despite some volatility, USD/JPY is still staying in range below 150.15. Intraday bias remains neutral for the moment. On the downside, below 148.24 minor support will Read more…
In an ideal world, employers in the service, restaurant, and retail industries would see many of their employees work their way up the system. That’s a benefit because when a worker starts in an entry-level Read more…
Daily Pivots: (S1) 1.3589; (P) 1.3627; (R1) 1.3648; More…. USD/CAD rebounds notably today and focus is back on 1.3699 resistance. Firm break there will target 1.3784 first. Break there will resume larger rise from 1.3091 Read more…
Today’s economic data releases are steering the markets, though it is uncertain how sustained their influence will be. Dollar emerges as the day’s strongest performer, buoyed by robust retail sales figures. Australian Dollar trails as Read more…