Markets Another dropout in the monetary policy ultimate survivor this morning. The Reserve Bank of Australia made a Swedish Riksbank-style sudden policy U-turn, leaving the ECB flanked by only the Swiss National Bank and the Read more…
When it comes to foreign exchange markets, it has been the US dollar that has reigned supreme. Last week, the US dollar index (DXY) capped of its fourth consecutive week of gains, rising by 2.10%. Read more…
Welcome to Technical Tuesday, a weekly report where we highlight some of the most interesting markets that will hopefully appease technical analysts and traders alike. In this week’s edition, we are getting technical on the Read more…
US stocks are set for a quiet open with earnings in focus, as the two day FOMC meeting kicks off later. US futures Dow futures -0.03 % at 33066 S&P futures -0.01% at 4157 Nasdaq Read more…
The euro is in positive territory on Wednesday. EUR/USD is trading at 1.0568 in the European session, up 0.57% on the day. Fed likely to raise rates by half-point All eyes are on the Fed, Read more…
The billionaire sent Starlink satellite internet terminals to Ukraine after the Russian invasion. Elon Musk promises a lot. And often he does not keep his promises. This makes the Tesla (TSLA) – Get Tesla Inc Read more…
You’re going to pay more for a number of cruise favorites. The cruise industry has been slowly making its way back from the pandemic, and for Carnival that means raising some key price points. Cruise Read more…
Social-media giant Facebook is looking to the metaverse as a growth driver. Facebook plans no big announcement, no alert, no messaging of consequence to users to tell them that their favorite podcasts will no longer Read more…
Daily Pivots: (S1) 0.9727; (P) 0.9758; (R1) 0.9807; More…. USD/CHF retreats notably today, but further rise is expected with 0.9669 minor support intact. Current rally should target next medium term projection level at 0.9864. On Read more…
Daily Pivots: (S1) 129.71; (P) 130.09; (R1) 130.57; More… USD/JPY is still bounded in consolidation from 131.24 and intraday bias remains neutral first. Near term outlook remains bullish with 126.91 support intact. Break of 131.24 Read more…