US ADP private-sector employment increased by 122k in May, beating expectations of 110k and pointing to continued resilience in the labor market ahead of Friday’s closely watched non-farm payrolls report. Hiring was concentrated in services, Read more…
Millions of Medicare beneficiaries have spent years being warned about fake Medicare card scams. Now some, myself included, are receiving what appear to be legitimate replacement Medicare cards in the mail. Given the long history Read more…
Intraday bias in EUR/USD stays neutral as range trading continues. On the downside, break of 1.1575 support will resume the fall from 1.1848 to retest 1.1408 low. Above 1.1865 will target 1.1795 resistance. Firm break Read more…
Intraday bias in USD/JPY is turned neutral with current retreat. On the upside, above 159.99 will resume the rally from 155.01. Strong resistance should be seen from 160.71 high to limit upside. On the downside, Read more…
Outlook is unchanged in GBP/USD as range trading continues. Intraday bias remains neutral for the moment. On the upside, above 1.3508 will extend the rebound from 1.3300 to 1.3657 resistance first. On the downside, below Read more…
USD/CHF is staying in range below 0.7906 and intraday bias is remains neutral. On the upside, firm break of 0.7906 will resume the rebound from 0.7760 to retest 0.8041. On the downside, below 0.7795 will Read more…
Intraday bias in AUD/USD is turned neutral first with current retreat. Outlook will remain mildly bullish as long as 0.7076 support holds. Firm break of 0.7277 will resume larger up trend. However, sustained break of Read more…
As the high cost of jet fuel puts new and continued pressures on the aviation industry, almost every airline around the world has adjusted its summer flying schedule to cut any routes that do not Read more…
Intraday bias in USD/CAD stays neutral at this point, as consolidations continue below 1.3868. Further rise expected as long as 1.3729 support holds. Rally from 1.3549 is seen as the third leg of the pattern Read more…
Intraday bias in GBP/JPY is turned neutral first with current retreat. Further rise is expected as long as 213.29 support holds. Above 215.50 will resume the rebound from 210.43 to retest 216.58 high. Strong resistance Read more…