Is donating to a political campaign a good use of Americans’ money? Voters don’t think so. It’s political season, but Americans aren’t rushing to financially support any political campaigns. That’s the takeaway from a new Read more…
Tesla CEO threatens a move that could have a big impact in Russia’s war on Ukraine. Of all the products and services that Elon Musk and his various companies provide, Starlink, the secure satellite internet Read more…
The GBP/USD was down about 130 pips on the session at the time of writing on Friday afternoon. This comes after under-pressure UK Prime Minister Liz Truss sacked her also-under-pressure Chancellor, Kwasi Kwarteng. There were Read more…
Retail sales were flat in September month-on-month (m/m), below market expectations for a modest gain of 0.2% m/m. The level of sales was revised 0.4% higher in August (vs. 0.3% reported earlier). Sales at autos Read more…
Daily Pivots: (S1) 0.9671; (P) 0.9739; (R1) 0.9845; More… Intraday bias in EUR/USD stays neutral for the moment. For now, outlook will remain bearish as long as 0.9998 resistance holds. Below 0.9630 will bring retest Read more…
Daily Pivots: (S1) 1.1133; (P) 1.1257; (R1) 1.1455; More… Outlook is GBP/USD remains unchanged. Intraday bias stays mildly on the upside for 1.1494 resistance. Firm break there will confirm resumption of whole rebound from 1.0351. Read more…
Daily Pivots: (S1) 0.9958; (P) 1.0016; (R1) 1.0072; More… Intraday bias in USD/CHF remains neutral for consolidation below 1.0072. On the upside, break of 1.0072, and sustained trading above 1.0063, will confirm larger up trend Read more…
Stocks aim higher as the market digest retail sales and bank earnings. Watch all the market news live on Friday, October 14. Watch TheStreet’s Market Open: More on Today’s Topics: Stock Market Today: Stocks Extend Read more…
Daily Pivots: (S1) 146.58; (P) 147.12; (R1) 147.78; More… USD/JPY’s rally continues and breaks 147.68 long term resistance. Intraday bias stays on the upside for 149.25 projection level, and possibly to 150 psychological level. On Read more…
Dollar regains some growth today, and even rises to new 32-year high against Yen. Momentum is somewhat weak, however, as traders are guarding against intervention by Japan. Meanwhile, markets are mixed elsewhere. Sterling dips after Read more…