The Bud Light scandal has emboldened the “go woke, go broke” movement. That’s because unlike most boycotts, the effort to spurn the Anheuser-Busch (BUD) – Get Free Report brand has worked. Bud Light dropped from Read more…
Chicago Fed President Austan Goolsbee shared his upbeat sentiments on the US economy’s direction in an interview with CNBC. He emphasized that the nation is walking the “golden path,” capable of curbing inflation while concurrently Read more…
ECB President Christine Lagarde, in her address to a European Parliament committee, expressed confidence in the current policy rates, emphasizing their effectiveness in steering inflation back towards the intended target. “Based on our latest assessment,” Read more…
In Elon Musk’s effort to prove that Tesla (TSLA) – Get Free Report is more than just an electric-vehicle producer, the company’s robotics division released a video updating its progress on Optimus robot. The project, which Musk Read more…
The USD/JPY pair is drawing nearer to the closely watched 150.00 level, currently experiencing most of its activity around 148.40, as of Monday. The market remains in anticipation of potential financial interventions from the Bank Read more…
Daily Pivots: (S1) 147.77; (P) 148.10; (R1) 148.70; More… Intraday bias in USD/JPY remains on the upside for the moment. Current rise from 127.20 is in progress to retest 151.93 high. On the downside, however, Read more…
Daily Pivots: (S1) 1.0616; (P) 1.0644; (R1) 1.0673; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, sustained break of 1.0609/34 cluster support will carry larger bearish implication. Fall from Read more…
Daily Pivots: (S1) 1.2213; (P) 1.2257; (R1) 1.2284; More… GBP/USD’s decline is still in progress and intraday bias stays on the downside at this point. Current fall from 1.3141 should target 1.2075 fibonacci level. On Read more…
Daily Pivots: (S1) 0.9044; (P) 0.9060; (R1) 0.9086; More…. USD/CHF’s rally continues today and intraday bias stays on the upside. Current rise from 0.8551 is in progress for 0.9146/60 cluster resistance. On the downside, break Read more…
Swiss Franc weakens broadly today, influenced predominantly by rally in benchmark European yields. Specifically, Germany 10-year yield breached 2.8% mark, reaching an 11-year peak. Euro managed to bounce back against the Australian and New Zealand Read more…