Daily Pivots: (S1) 1.1827; (P) 1.1932; (R1) 1.1998; More… Intraday bias in GBP/USD remains on the downside for the moment. Current down trend should target 100% projection of 1.2666 to 1.1932 from 1.2405 at 1.1671. Read more…
Daily Pivots: (S1) 0.9989; (P) 1.0086 (R1) 1.0139; More… EUR/USD’s down trend is in progress today and reaches as low as 0.9999 so far. Intraday bias stays on the downside. Current down trend should target Read more…
Dollar’s rally continues today and breached parity against Euro for the first time in two decades. Nevertheless, the greenback seems to be losing some momentum since then, in particular against Yen. There is prospect of Read more…
Certain retirement account transactions require you to fill out an additional form with the IRS, called Form 5329. We all know we need to save for the future, but what happens if you contribute more Read more…
Tesla CEO and the world’s richest man wants to use his growing influence to impact the 2024 presidential election. Elon Musk wants to be the kingmaker for the 2024 presidential election. But to do so, Read more…
The New Zealand dollar has steadied on Tuesday, after a plunge a day earlier. In the European session, NZD/USD is trading at 0.6120, up 0.13%. RBNZ expected to deliver 50bp hike The Reserve Bank of Read more…
The BoC is expected to hike by 75 bps on Wednesday How much more can the BoC do after September is the big question USD/CAD Trying to Push Higher With forex traders squarely focused on Read more…
The euro is one hair from parity with the dollar, a psychologically important line above which the single currency has been trading for the last generation. After losing more than 4% over the week, the Read more…
The Japanese yen has stabilized on Tuesday, after taking a nasty tumble at the start of the week. In the European session, USD/JPY is trading at 136.91, down 0.35%. USD/JPY punches above 137 The US Read more…
The Euro is wobbling at parity level, but so far without clear break lower. The sentiment remains very negative and was additionally hit by terrible German ZEW data which showed investor morale collapsed in July. Read more…