Daily Pivots: (S1) 137.70; (P) 138.54; (R1) 139.81; More… USD/JPY’s rally is still in progress and intraday bias stays on the upside. Current up trend should target 100% projection of 114.40 to 131.34 from 126.35 Read more…
Daily Pivots: (S1) 0.9783; (P) 0.9834; (R1) 0.9891; More… Intraday bias in USD/CHF is turned neutral with current retreat. Some consolidations could be seen first. On the upside, above 0.9884 will extend the rise from Read more…
Daily Pivots: (S1) 1.1759; (P) 1.1828; (R1) 1.1828; More… Further fall is expected in GBP/USD with 1.1966 minor resistance holds. Current down trend is in progress for 100% projection of 1.2666 to 1.1932 from 1.2405 Read more…
Walt Disney still hasn’t invested in crypto despite buzz surrounding fledgling industry. Media and entertainment conglomerate Walt Disney ( (DIS) – Get The Walt Disney Company Report) has long remained impervious to the buzzwords metaverse, Read more…
Daily Pivots: (S1) 0.9960; (P) 1.0013; (R1) 1.0074; More… Intraday bias in EUR/USD is turned neutral with current recovery. On the upside, firm break of 1.0121 minor resistance will indicate short term bottoming at 0.9951. Read more…
Dollar is starting to pare back this week’s gains in early US session, after retail sales data were not materially stronger than expectations. It looks like EUR/USD could close the week above parity, and may Read more…
Inflation and gas prices boosted retail sales last month, but the closely-tracked control group number also points to firming consumer strength. U.S. retail sales rebounded firmly last month, Commerce Department indicated Friday, as record high Read more…
US retail sales rose 1.0% mom to USD 680.6B in June, above expectation of 0.8% mom. Ex-auto sales rose 1.0% mom, above expectation of 0.6% mom. Ex-gasoline sales rose 0.7% mom. Ex-auto, ex-gasoline sales rose Read more…
The dollar index is trading just under new highest since Sep 2002, hit on Thursday’s acceleration above 109.00 mark. The greenback remains well supported by strong risk aversion on global economic and political uncertainty, while Read more…
“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times,” said CEO Jane Fraser. Updated at 9:44 am EST Citigroup (C) – Read more…