When Amazon Prime launched in 2005, it was a simple proposition. Pay the online retailer $79 per year and get free two-day shipping. That was a clear money-saver for me, as even back then, I Read more…
Nonfarm payrolls rose by 57k in June, lower than the Bloomberg consensus forecast of 113k. Revisions to the two prior months were 74k lower. Smoothing through volatility, payrolls averaged 111k over the last three months, Read more…
EUR/USD’s rebound from 1.1323 extended higher today, but it’s still capped below 1.1499 support turned resistance. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.1323 will resume the Read more…
Household bills, including housing, utilities, insurance and car payments, make up roughly 47% of a household’s income and 27% of all consumer spending, according to a new study from Doxo Insights. Americans spend $5.03 trillion Read more…
GBP/USD’s strong break of 1.3300 support turned resistance suggests that fall from 1.3650 has completed at 1.3139 already. Intraday bias is back on the upside for 1.3459 resistance. Firm break there will argue that correction Read more…
USD/CHF’s fall from 0.8139 extends lower today but it’s still holding on to 0.8012 resistance turned support. Intraday bias stays neutral first. On the upside, above 0.8139 will extend the larger rise from 0.7603 to Read more…
AUD/USD recovers further as consolidations from 0.6864 continues. But upside is limited below 0.6977 support turned resistance. Intraday bias remains neutral, and further decline is in favor. Below 0.6864 will extend the fall from 0.7277 Read more…
The return of the long-requested Snack Wrap after nearly a decade missing from menus generated strong consumer interest and became part of McDonald’s broader effort to reignite menu momentum. The relaunch sparked strong demand across Read more…
USD/CAD dips again as consolidation from 1.4247 extends. Intraday bias remains neutral. Deeper pullback, but downside should be contained above 1.3965 resistance turned support. Above 1.4247 will resume the rally from 1.3480 to 61.8% retracement Read more…
The June non farm payrolls report did not prove the US economy is breaking. It did something more important for markets: it showed the labor market is not hot enough to force the Fed’s hand. Read more…