Canadian Dollar is steady in early US session after BoC delivered 75bps rate hike and maintained hawkish bias. Dollar remains the strongest one for the week, but continues to pick up momentum against Euro. Yen Read more…
BoC raises the overnight rate target by 75bps to 3.25%. Correspondingly, the Bank Rate and deposit rate are now at 3.50% and 3.25% respectively. Hawkish bias is maintained as the Governing Council “still judges that Read more…
The fast-food giant has never been afraid to take popular choices off the menu. Wendy’s (WEN) – Get Wendy’s Company (The) Report has quietly become the number two hamburger chain in the United States. That’s Read more…
The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is also continuing its policy of quantitative Read more…
Daily Pivots: (S1) 0.9852; (P) 0.9919; (R1) 0.9974; More… Outlook in EUR/USD stays bearish even though downside momentum is a bit unconvincing. Decisive break of 61.8% projection of 1.0773 to 0.9951 from 1.0368 at 0.9860 Read more…
Daily Pivots: (S1) 1.1474; (P) 1.1541; (R1) 1.1588; More… GBP/USD down trend resumed after brief recovery and intraday bias is back on the downside. Firm break of 1.1409 long term support will pave the way Read more…
Daily Pivots: (S1) 0.9786; (P) 0.9824; (R1) 0.9881; More… No change in USD/CHF’s outlook as further rally is expected as long as 0.9691 support holds. On the upside, break of 0.9884 resistance will argue that Read more…
Daily Pivots: (S1) 141.01; (P) 142.04; (R1) 143.83; More… Intraday bias in USD/JPY remains on the upside for 147.68 long term resistance. Break there will target 161.8% projection of 126.35 to 139.37 from 130.38 at Read more…
King dollar continues to dominate on Wednesday, hitting a new highest in two decades against the basket of major world currencies and 24-year high against yen, strongly underpinned by several factors. Rising bets that the Read more…
Chancellor Kathaleen McCormick said Elon Musk can add Whistleblower complaints to his Twitter counter-suit, but must be prepared for an October 17 trial. Twitter (TWTR) – Get Twitter Inc. Report shares jumped higher Wednesday after Elon Read more…