The downside breakout in EUR/USD is finally here as markets focus turns to meetings of RBA, BoC and ECB. Dollar is rising broadly, and risk-off sentiment takes Yen and Swiss Franc higher too. Euro is Read more…
China Caixin PMI Services dropped slightly from 55.5 to 55.0 in August, above expectation of 54.2. Caixin added that business activity growth held close to July’s 15-month high. total new orders rose despite stronger fall Read more…
Australia AiG Performance of Construction Index rose 2.6 pts to 47.9 in August. Activity rose 3.5 to 46.2. Employment dropped -5.3 to 47.7. New orders rose 7.9 to 51.0. Supplier deliveries rose 3.4 to 45.6. Read more…
Key Highlights EUR/USD could accelerate lower if it breaks the 0.9900 support. A major bearish trend line is forming with resistance near 0.9990 on the 4-hours chart. GBP/USD remains in a bearish zone below the Read more…
Kohl’s is introducing a new focus to improve sales the retail floor. Kohl’s (KSS) – Get Kohl’s Corporation Report was facing declined sales for quite some time and was even looking for a buyout option. The Read more…
Check all travel options before booking with these airlines. When travelers are booking flights, there are lots of things that go into choosing which flights to take. Pricing is the top driver for many travelers. Read more…
Both cruise lines offer “unlimited” alcoholic drink packages, but there are some major differences. When you book a cruise on Carnival Cruise Line (CCL) – Get Carnival Corporation Report or Royal Caribbean International (RCL) – Read more…
EUR/USD: Rather Boring Week The past week was, boring, so to say. The macro statistics released from August 30 to September 2, although versatile, turned out to be quite close to market expectations. For example, Read more…
A tragedy has just struck the home good retailer which is fighting for its survival. Things are not looking up for Bed, Bath & Beyond (BBBY) – Get Bed Bath & Beyond Inc. Report. While Read more…