Daily Pivots: (S1) 1.3093; (P) 1.3115; (R1) 1.3137; More… Intraday bias in GBP/USD remains neutral as consolidation from 1.2999 is extending. Further decline is mildly in favor with 1.3297 resistance intact. On the downside, firm Read more…
Daily Pivots: (S1) 1.0937; (P) 1.0996 (R1) 1.1031; More… Intraday bias in EUR/USD remains neutral for the moment. Break of 1.0943 support will argue that rebound from 1.0805 has completed at 1.1184. Intraday bias will Read more…
Euro is trading broadly lower today, as EU announces the fifth package of sanctions against Russia. As European Commission President Ursula von der Leyen said, “Russia is waging a cruel, ruthless war, also against Ukraine’s Read more…
US exports of goods and services rose 1.8% to USD 228.6B in February. Imports of goods and services rose 1.3% to USD 317.8B. Trade deficit was relatively unchanged at USD 89.2B, larger than expectation of Read more…
Elon Musk is “both a passionate believer and intense critic of the service which is exactly what we need,” said Twitter CEO Parag Agrawal. Updated at 8:44 am EST Twitter (TWTR) – Get Twitter, Inc. Read more…
Canada imports rose 3.9% to CAD 56.1B in February. Gains were observed in 9 of 11 import product sections. Exports rose 2.8% to CAD 58.7B, with increases in 8 of 11 products sections. Trade surplus Read more…
Starbucks, which suspended share buybacks under interim CEO Howard Schultz, is facing an accelerated effort by its U.S. employees to unionize. Starbucks (SBUX) – Get Starbucks Corporation Report shares extended declines Tuesday as analysts reacted to Read more…
Children make easy targets for identity theft and other types of cybercrime. A security expert and author of a kids’ book on fraud walks us through ways to keep children safe. Over the years I Read more…
Wall Street’s five-week rally could stall Tuesday as investors look to the impact of renewed sanctions on Russia while closely tracking Treasury bond yields ahead of tomorrow’s Fed minutes. U.S. equity futures moved lower Tuesday, Read more…
Following the Russian invasion of Ukraine, we are experiencing an event risk environment with a higher probability of price gaps that can go up or down quickly. Traders are looking at implied volatility based on Read more…