Starbucks, which suspended operations in Russia in early March, will permanently exit the country over the next six months. Starbucks (SBUX) – Get Starbucks Corporation Report said Monday that it will permanently exit its operations in Read more…
Even in a bear market, keep retirement savings rolling Americans are doing what they can to deal with skyrocketing inflation. According to a new survey from New York Life, U.S. adults say they’re cutting back Read more…
SNB Board member Andrea Maechler told Swiss newspaper Bilan, “if the inflation we expect does not come down in the medium term to a range between 0% and 2%, we will not hesitate to tighten Read more…
Stocks are on the rise as investors look to change the tone after steep losses last week. US futures Dow futures +1.1% at 31602 S&P futures +1.18% at 3945 Nasdaq futures +0.95% at 11944 In Read more…
The major currency pair remains optimistic and intends to continue its recovery. On Monday 23 May, EUR/USD is trading at 1.0590; investors are trying to buy. After the previous meeting of the US Fed, market Read more…
Daily Pivots: (S1) 127.55; (P) 127.92; (R1) 128.32; More… No change in USD/JPY’s outlook and intraday bias remains on the downside. Correction from 131.34 short term top would extend to 125.09 cluster support (38.2% retracement Read more…
Daily Pivots: (S1) 0.9704; (P) 0.9734; (R1) 0.9774; More… USD/CHF’s fall from 1.0063 extends lower today and intraday bias stays on the downside for 55 day EMA (now at 0.9589) and below. But downside should Read more…
Daily Pivots: (S1) 1.2453; (P) 1.2476; (R1) 1.2515; More.. Intraday bias in GBP/USD remains neutral for the moment. Considering bullish convergence condition in 4 hour MACD, break of 1.2637 will confirm short term bottoming at Read more…
Daily Pivots: (S1) 1.0529; (P) 1.0564 (R1) 1.0595; More… EUR/USD’s break of 1.0641 resistance should confirm short term bottoming at 1.0348, just ahead of 1.0339 long term support. Intraday bias is back on the upside Read more…
Euro rises broadly today after hawkish comments from ECB President Christina Lagarde. But so far, Aussie and Kiwi are even stronger on positive risk sentiment. On the other hand, Dollar and Yen are both trading Read more…