Daily Pivots: (S1) 138.48; (P) 138.75; (R1) 139.22; More… Focus stays on 139.37 resistance in USD/JPY. Sustained break there will confirm up trend resumption. Next target is 100% projection of 126.35 to 139.37 from 130.38 Read more…
Daily Pivots: (S1) 1.1584; (P) 1.1639; (R1) 1.1679; More… GBP/USD’s down trend is in progress and intraday bias stays on the downside. Current fall should target 1.1409 long term support next. On the upside, above Read more…
Dollar’s rally continues in early US session as supported by risk aversion and rising yields. On the other hand, Euro is staying to digest this week’s gain, and broadly. As for today, Canadian Dollar is Read more…
US initial jobless claims dropped -5k to 232k in the week ending August 27, below expectation of 250k. Four-week moving average of initial claims dropped -4k to 241.5k. Continuing claims rose 26k to 1438k in Read more…
The British pound can’t buy a break and has fallen for a fifth straight day. GBP/USD is trading at 1.1586 in Europe, down 0.29%. UK Manufacturing PMI contracts The UK manufacturing sector has been struggling Read more…
Wall Street looks to enter September, the market’s toughest month, much as it exited August: worried about inflation and closely-tracking Fed rate bets. Updated at 8:39 am EST U.S. equity futures moved lower again Thursday, Read more…
The service provider has found ways to make its service more valuable by giving users free add-one they actually want. T-Mobile is in a generous mood these days. It can’t seem to even stop giving. Read more…
Spot silver entered new month firmly in red and hit new lowest in over two-years on Thursday, in extension of August’s 11.4% fall (the biggest monthly loss since September 2020). The metal is under pressure Read more…
The USDJPY posted new 24-year high on break through former 2022 peak, posted in July. The dollar remains strongly underpinned by a hawkish stance of Fed, as many market participants bet for another 75 basis Read more…
Tesla sold around 77,000 China-made cars last month, an industry lobby group said Thursday. Tesla (TSLA) – Get Tesla Inc. Report shares moved lower Thursday following data from China indicating a solid improvement in August sales Read more…