Daily Pivots: (S1) 0.9461; (P) 0.9488; (R1) 0.9522; More… No change in USD/CHF’s outlook and intraday bias stays neutral first. Recovery from 0.9369 should be limited well below 0.9648 resistance to bring another fall. On Read more…
naotake for iStockphoto; Canva What Is the Daily Sentiment Index (DSI)? Every investor wishes for a crystal ball so they can see where the markets are headed. But while one hasn’t been invented (yet), there Read more…
“Second quarter results were impacted by a weakening macro environment, high inflation and dampened consumer spending, which especially pressured our middle-income customers,” said CEO Michelle Gass. Updated at 9:45 am EST Kohl’s Corp. (KSS) – Read more…
Daily Pivots: (S1) 134.15; (P) 134.83; (R1) 135.74; More… Intraday bias in USD/JPY stays neutral at this point. Overall, corrective pattern from 139.37 will extend further. On the upside, above 135.57 will resume the rebound Read more…
The markets are generally rather quiet today, with major pairs and crosses trading inside yesterday’s range, as well as last week’s range. For now, Dollar is the strongest ones, followed by Sterling and then Euro. Read more…
US initial jobless claims dropped -2k to 250k in the week ending August 13, below expectation of 261k. Four-week moving average of initial claims dropped -2750 to 247k. Continuing claims rose 7k to 1437k in Read more…
Wall Street seems to be adopting a dovish take to the most recement Fed minutes Thursday, trimming bets on big rate hikes and pushing stocks modestly higher in pre-market trading. U.S. equity futures edged higher Read more…
BitBoy and Atozy have between them nearly 3 million subscribers on Youtube. It’s the equivalent of a boxing match between two heavyweights. On the one hand, we have BitBoy, whose real name is Benjamin Armstrong. Read more…
E-commerce giant Amazon is the subject of a major investigation linked to its Prime service. It’s not sitting idly by. The Amazon (AMZN) – Get Amazon.com Inc. Report empire strikes back. The tech and e-commerce giant Read more…
The US dollar slowly added for the third trading session, returning to levels of three weeks ago. While the published FOMC meeting minutes did not cause a sharp reaction, the FX dynamics of the past Read more…