Daily Pivots: (S1) 1.0869; (P) 1.0903 (R1) 1.0932; More… EUR/USD is losing some downside momentum as seen in 4 hour MACD, but further decline is expected with 1.0987 minor resistance intact. Deeper decline would be Read more…
Dollar remains generally firm entering into US session, even though upside momentum is diminishing slightly against European majors. Meanwhile weakness in commodity currencies persists, with Aussie being the worst one. Yen is mixed for now Read more…
The Australian dollar extends steep pullback from 10-month high (0.7661, Apr 5) and pressuring key support at 0.7471 (Fibo 38.2% of 0.7165/0.7661 upleg), where a number of attacks in past two weeks failed. The Aussie Read more…
US initial jobless claims dropped -5k to 166k in the week ending April 2. Four-week moving average dropped -8k to 170k. Continuing claims rose 17k to 1523k in the week ending March 26. Four-week moving Read more…
In a week the Tesla CEO forged a path to gaining enormous influence. Elon Musk is an atypical CEO. Elon Musk is an atypical billionaire. Elon Musk is a visionary in search of influence. Within Read more…
Are medical expenses tax-deductible? Learn more about what kinds of medical spending the IRS allows taxpayers to claim when they file. For information on the third coronavirus relief package, please visit our “American Rescue Plan: Read more…
Conagra said “higher-than-expected cost pressures” will continue to persist for the rest of the year, and plans to increase prices in order to mitigate their impact. Updated at 8:42 am EST Conagra Brands Inc (CAG) Read more…
The accounts of ECB’s March 9-10 meeting noted that “while the Russian invasion of Ukraine had increased uncertainty surrounding the macroeconomic outlook, related risks to the inflation outlook were seen as largely one-sided, with experience 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, 9-10 March 2022 1. Review of financial, economic and monetary developments Read more…
Wall Street looks set to open cautiously higher Thursday as investors parse details of the Fed’s near-term strategy to tame the fastest inflation in forty years. U.S. equity futures edged higher Thursday, while the dollar Read more…