Silver jumped on Wednesday after triggering some buy orders near the 17.95 zone. However, the spike up was stopped by the 18.95 level, slightly above the 50-period exponential moving average (EMA) and near the 100-EMA. Read more…
ETHUSD has been trending downwards since mid-August when the price failed to surpass the 2,030 mark. Even though Ethereum experienced an acceleration of its decline following the successful completion of the Merge two weeks ago, it Read more…
Cleveland Fed President Loretta Mester told CNBC she didn’t see a case for slowing down tightening right now. She said, “We can have that conversation (about a pause) but we’re still not even in restrictive territory Read more…
Royal Caribbean cruise line has decided that one policy change made during the pandemic era will stay in place. The covid pandemic forced the cruise industry to make a lot of changes — some superficial Read more…
Markets Yesterday, the ‘Bank of England bond market intervention’ brought some relief to the recent UK (and broader) sell-off. Optimists hoped this to be harbinger of some consolidation. At least for now, this hope stays Read more…
The Canadian economy expanded by 0.1% month/month (m/m) in July, beating Statistics Canada’s flash estimate of -0.1%. The flash estimate for August was essentially flat. July’s increase in activity was concentrated in the goods sector. Read more…
Daily Pivots: (S1) 143.73; (P) 144.30; (R1) 144.69; More… USD/JPY is still bounded in consolidation from 145.89 and intraday bias stays neutral. Further rally is expected as long as 139.37 resistance turned support holds. Break Read more…
Daily Pivots: (S1) 0.9682; (P) 0.9824; (R1) 0.9902; More USD/CHF is staying in consolidation below 0.9964 and intraday bias remains neutral. On the upside, above 0.9964 will resume the rally from 0.9369 to retest 1.0063 Read more…
The ex-wife of Amazon Executive Chairman Jeff Bezos is a major individual shareholder of the e-commerce giant. She has revolutionized the hushed world of philanthropy, dispensing with customs and traditions. In two years MacKenzie Scott Read more…
Want to Save $50,000? Raise Your Credit Score Getting a good deal on a loan or credit card is highly dependent on the borrower’s credit score. Surely, that’s no secret. What is surprising is how Read more…