Daily Pivots: (S1) 1.1414; (P) 1.1440; (R1) 1.1465; More… Intraday bias in EUR/USD remains neutral at this point. A medium term bottom could be in place at 1.1120, on bullish convergence condition in daily MACD. Read more…
KPMG in Canada, an affiliate of one of the Big Four accounting firms, adds bitcoin and ethereum to its corporate treasury. Bitcoin and ethereum received a ringing endorsement after KPMG in Canada said it had Read more…
Daily Pivots: (S1) 1.3499; (P) 1.3527; (R1) 1.3564; More… Intraday bias in GBP/USD remains neutral and outlook is unchanged. On the upside, break of 1.3627 will resume the rebound to 1.3748 resistance. Firm break there Read more…
Daily Pivots: (S1) 0.9218; (P) 0.9240; (R1) 0.9258; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. Further rise will remain mildly in favor as long as 0.9090 support holds. break of 0.9372 Read more…
Daily Pivots: (S1) 114.89; (P) 115.13; (R1) 115.35; More… Intraday bias in USD/JPY remains neutral for the moment as range trading continues. Overall, consolidation pattern from 116.34 is still extending. On the upside, break of Read more…
Morgan Stanley analyst Adam Jonas cut his rating on price target on GM in what he called ‘the most significant estimates reduction” for the carmaker in two years. Updated at 9:31 am EST General Motors Read more…
Daily Pivots: (S1) 1.2633; (P) 1.2694; (R1) 1.2731; More… USD/CAD recovers mildly but stays in range of 1.2648/2795. Intraday bias remains neutral for the moment. With 1.2648 minor support intact, further rise is mildly in Read more…
Canadian Dollar is currently the weakest one for today, following the pull back in oil prices. Japanese Yen is following as European and US yields are apparently trying to outpace benchmark JGB yield again. On Read more…
US exports of goods and services rose 1.5% to USD 228.1B in December. Imports rose 1.6% mom to USD 308.9B. Trade deficit came in at USD 80.7B, smaller than expectation of USD 83.0B. The deficit Read more…
US stock futures shaky and hawkish ECB’s Lagarde backtracks Market nerves are lingering at the start of this week as long echoed components like supply disruptions, inevitable hot employment and wage growth, are clearly revealing Read more…