Daily Pivots: (S1) 1.3118; (P) 1.3154; (R1) 1.3219; More… Intraday bias in GBP/USD remains neutral as consolidation form 1.3080 is still extending. Upside of recovery should be limited by 1.3270 support turned resistance. On the Read more…
Euro’s rebound stalls after ECB policy announcement, mainly because risk markets turned softer again. Another round of negotiations between Russia and Ukraine failed and Russia will clearly continue its attack. Dollar is trading slightly higher Read more…
Daily Pivots: (S1) 1.0944; (P) 1.1019; (R1) 1.1149; More… Intraday bias in EUR/USD remains neutral at this point. As long as 1.1120 support turned resistance holds, larger down trend from 1.1494 is still expected to Read more…
You’ll try it. Don’t be chicken. Chipotle (CMG) – Get Chipotle Mexican Grill, Inc. Report built its menu around stability. Sure, the chain has tried new meats and played with variations of its queso — Read more…
Stocks trades under pressure as peace talks between the Russian foreign minister and his Ukraine counterpart fail and after US CPI rises to 7.9%. US futures Dow futures -1% at 32950 S&P futures -1% at Read more…
ECB President Christine Lagarde said in the post meeting press conference, inflation has “continued to surprise on the upside because of unexpectedly high energy costs.”, and prices rises became “more broadly based”. GDP growth was Read more…
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB Frankfurt am Main, 10 March 2022 Good afternoon, the Vice-President and I welcome you to our press conference. The Russian invasion of Read more…
US initial jobless claims rose 11k to 227k in the week ending March 5, above expectation of 205k. Four-week moving average of initial claims rose 500 to 231k. Continuing claims rose 25k to 1494k in Read more…
February inflation was pegged at 7.9%, the highest since 1982, and is likely to rise even further thanks to record high gas prices and surging global crude. Updated at 8:45 am EST U.S. inflation accelerated Read more…
US CPI rose 0.8% mom in February, matched expectations. Over the 12-month period, CPI accelerated from 7.5% yoy to 7.9% yoy, matched expectations. The 12-month increase is the largest since January 1982. CPI core rose Read more…