Daily Pivots: (S1) 0.9236; (P) 0.9283; (R1) 0.9362; More… No change in USD/CHF’s outlook as range trading continues. Intraday bias stays neutral at this point. Further decline is still in favor as long as 0.9407 Read more…
Daily Pivots: (S1) 1.2107; (P) 1.2143; (R1) 1.2184; More… GBP/USD’s rally from 1.1840 resumed after brief consolidation and intraday bias back on the upside. Further rise should be seen to retest 1.2445 high. Decisive break Read more…
Daily Pivots: (S1) 1.0730; (P) 1.0753; (R1) 1.0780; More… EUR/USD’s rally continues today and intraday bias stays on the upside. Rise form 0.9534 should target 61.8% projection of 0.9630 to 1.0733 from 1.0482 at 1.1164 Read more…
Bed, Bath & Beyond may be considering it as an option. Hertz has been in and out of it. This is what’s on the line for shareholders. The bankruptcy of a company is always a Read more…
The Consumer Price Index fell 0.1% month-on-month (m/m) in December, slightly below expectations calling for a flat reading. On a year-on-year (y/y) basis, headline inflation fell to 6.5% (down from 7.1% the month prior). Energy Read more…
Markets continued to challenge the Fed’s rate-hike view Thursday following the slowest annual inflation reading in more than a year in December. Updated at 10:14 am EST U.S. stocks were active in early Thursday trading Read more…
Daily Pivots: (S1) 0.6877; (P) 0.6902; (R1) 0.6930; More… AUD/USD’s rally resumed after brief consolidation and intraday bias back on the upside. Current rally from 0.6169 is in progress to 61.8% projection of 0.6169 to Read more…
The pharmaceutical company is mulling a move that has enraged both Musk and one of his ideological opposites. On at least one issue, Elon Musk and Sen. Bernie Sanders are on the same side, almost Read more…
U.S. inflation slowed for a sixth consecutive month in December, adding further pressure on the Fed to alter its hawkish rate hike signaling. U.S. inflation declined in December, and slowed for a sixth consecutive month, Read more…
US initial jobless claims dropped -1k to 205k in the week ending January 7, below expectation of 210k. Four-week moving average of initial claims dropped -2k to 213k. Continuing claims dropped -63k to 1634k in Read more…