The Euro started a decent increase from the 1.0380 support zone against the US Dollar. The EUR/USD pair traded above the 1.0420 resistance to start an upward move. There was a clear move above a Read more…
Welcome to Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. In this week’s Read more…
Stocks are looking to close out their worst week in two years on a high note as investors fade recession bets in the world’s biggest economy. U.S. equity futures bumped higher Friday, while Treasury bond Read more…
“I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation,” McMahon said. Vince McMahon, the charismatic billionaire owner of World Wrestling Entertainment Read more…
Pound jumps after BoE rate hike The pound had a wild day on Thursday, trading in a 350-point range. Sterling traded in a 300-point range overnight, with markets not quite sure to make of the Read more…
The dollar regained traction and bounced on Friday, after two-day pullback from new highest since 1998 was contained by Fibo support at 132.05 (38.2% of 126.36/135.57 upleg. The sentiment for yen was soured by today’s Read more…
The Euro turned to red on Friday after recovery on Wed/Thu was capped by the base of thick daily cloud (spanned between 1.0566 and 1.0767)) and dollar returns to strength after hawkish Fed and BoJ Read more…
Bitcoin was down 4.9% on Thursday, ending around $20.7K and trading near $20.8K at the start of the day on Friday. Ethereum lost 6.4% in the last 24 hours, returning to the $1100 area. Altcoins Read more…
The Japanese yen continues to post strong swings this week and is up sharply on Friday. USD/JPY is trading at 134.67 in Europe, up 1.86% on the day. BoJ maintains yield curve control It’s been Read more…
About a fifth of the beer America drinks is imported. Here’s where all that beer comes from. Beer. There’s a lot of choices. There’s lager and stout, pilsners, wheat beers and IPAs, commercial and craft Read more…