Daily Pivots: (S1) 137.80; (P) 139.20; (R1) 140.73; More… Intraday bias in USD/JPY stays neutral for consolidation above 137.66 temporary low. Stronger rise cannot be ruled out, but upside should be limited below 145.16 support Read more…
Daily Pivots: (S1) 0.9377; (P) 0.9427; (R1) 0.9496; More… Intraday bias in USD/CHF remains neutral for consolidation above 0.9335 temporary low. Upside of recovery should be limited below 0.9680 minor resistance to bring another decline. Read more…
Daily Pivots: (S1) 1.0258; (P) 1.0369; (R1) 1.0458; More… Intraday bias in EUR/USD remains neutral for consolidation below 1.0481 temporary top. Downside of retreat should be contained by 1.0092 resistance turned support to bring another Read more…
As we kick off Wednesday trading, catch all the latest news on retail sales, Target earnings and what it all means for the Federal Reserve live at 9:30 a.m. from the NYSE. Watch TheStreet’s Market Read more…
The billionaire has already laid off half of Twitter’s workforce less than a month after taking over the social network. Elon Musk sends an ultimatum to Twitter employees. Since his take over of the company, Read more…
Daily Pivots: (S1) 1.1729; (P) 1.1878; (R1) 1.2016; More… Intraday bias in GBP/USD is turned neutral with a temporary top formed at 1.2028, and more consolidations would be seen. Downside of retreat should be contained Read more…
The financial markets are generally quiet today, with European indexes and US futures trading slightly lower into US session. In the currency markets, most major pairs and crosses are stuck inside yesterday’s range, with Yen Read more…
Canada CPI was unchanged at 6.9% yoy in October, slightly below expectation of 7.0% yoy. Excluding food and energy, prices slowed slightly from 5.4% to 5.3% yoy. On a monthly basis, CPI rose 0.7% mom, Read more…
US retail sales rose 1.3% mom to USD 694.5B in October, above expectation of 0.9% mom. Ex-auto sales rose 1.3% mom, above expectation of 0.4% mom to USD 565.1B. Ex-gasoline sales rose 1.0% mom to Read more…
The stocks have potential for substantial dividend growth, Morningstar says, with yields already at 3.6% or more. With volatility ruling in the stock market this year, utility stocks, with their promise of regular dividends and Read more…