Daily Pivots: (S1) 0.9142; (P) 0.9160; (R1) 0.9175; More…. Sideway corrective trading continues in USD/CHF and intraday bias remains neutral. On the downside, firm break of 0.9084 support will argue that choppy rise from 0.8925 Read more…
Daily Pivots: (S1) 114.09; (P) 114.44; (R1) 114.67; More… Intraday bias in USD/JPY stays mildly on the downside for the moment, for 113.47 support. Break there will resume the fall from 112.52 structural support. Considering Read more…
Dollar turns softer in early US session after much worse than expected jobless claims data. Euro is closely following as next weakest and then Swiss Franc. On the other hand, Australian Dollar is extending post-job Read more…
US initial jobless claims rose sharply by 55k to 286k in the week ending January 15, well above expectation of 215k. Four-week moving average of initial claims rose 20k to 231k. Continuing claims rose 84k Read more…
Although the technology that powers cloud computing has been around for over two decades, there is still plenty of room for the industry’s growth. It’s not as glamorous as virtual reality, but it’s a big Read more…
In the accounts of ECB’s December 15-16 meeting, Governing Council members concurred that the “recent and projected near-term increase in inflation was driven largely by temporary factors that were expected to ease in the course Read more…
Tech stocks look set to rebound from their brief slip into correction territory Wednesday as investors focus on fourth quarter earnings from Netflix after the close of trading. Updated at 8:35 am EST U.S. equity Read more…
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 15-16 December 2021 1. Review of financial, economic and monetary developments Read more…
USDCHF had a bearish start on Thursday, with the price breaking a crucial level below the 20- and 40-day simple moving averages (SMAs). The pair has also increased its distance below its negatively sloped 200-SMA Read more…
The Canadian dollar has posted slight gains and has pushed USD/CAD back below the 1.25 line. Canadian inflation hits 30-year high Investors are getting accustomed to seeing headlines that inflation has surged to 30-year highs. Read more…