Daily Pivots: (S1) 1.1868; (P) 1.1929; (R1) 1.1982; More… Intraday bias in GBP/USD is turned neutral with current recovery. Some consolidations could be seen but outlook stays bearish as long as 1.2405 resistance holds. On Read more…
Sterling recovers today, in particular against Euro and Swiss Franc, after Boris Johnson resigns as UK Prime Minister. But Aussie is so far still the strongest for the day. Euro remains generally weak but Dollar Read more…
Don’t regret your tax and financial planning. A leading CPA says this is how you can have the financial future desired. “Could-have, should-have, would-have” stories are particularly painful when they were easily preventable. Then, self-blame Read more…
BoE MPC member Catherine Mann said, “what the research shows is when there is uncertainty about persistence versus transitory nature of inflation dynamics, it’s important to front-load policy.” Mann also noted the recent depreciation in Read more…
US initial jobless claims rose 4k to 235k in the week ending July 2, slightly above expectation of 230k. Four-week moving average of initial claims rose 750 to 232.5k. Continuing claims rose 51k to 1375k Read more…
The software giant is making several changes to attract and retain employees. Tech giants such as Microsoft are in a bidding war for talent as pressure from employees have resulted in non-competes being overturned, greater Read more…
The cross extends a steep fall into third consecutive day and cracks significant support at 0.8501 (top of thick ascending daily Ichimoku cloud). Bears accelerated on Wednesday after a bullish signal was generated on break Read more…
Boris Johnson has resigned, kicking off a contest to decide who will take over not only as leader of the Conservative party but also as prime minister. Boris Johnson resigns as prime minister Boris Johnson Read more…
The casino operator has been working to reshape its portfolio and that includes selling one of its Las Vegas Strip casinos. The Las Vegas Strip has become the most valuable 4.2-mile stretch of land in Read more…
Crypto billionaires Changpeng Zhao and Sam Bankman-Fried are stepping up and seeking to ‘stop the contagion.’ On July 4th, Changpeng Zhao tweeted a photo of himself standing before the Statute of Liberty. “Happy July 4th! 20 Read more…