Dollar slips; euro and pound advance The dollar continues to lose ground for the third consecutive session as long-term Treasury yields extend their decline and seem unable to gain traction. Moreover, the soaring risk appetite Read more…
Daily Pivots: (S1) 114.45; (P) 114.82; (R1) 115.07; More… Break of 114.46 minor support suggest that rebound from 113.46 is finished at 115.68. Intraday bias is back on the downside. Corrective pattern from 116.34 is Read more…
Daily Pivots: (S1) 0.9184; (P) 0.9230; (R1) 0.9257; More…. Intraday bias in USD/CHF remains on the downside for 0.9090 support. Firm break there will argue that choppy rise from 0.8925 has completed, and turn near Read more…
Daily Pivots: (S1) 1.3464; (P) 1.3496; (R1) 1.3557; More… GBP/USD’s break of 1.3523 minor resistance suggests that fall from 1.3748 is completed at 1.3356. Intraday bias is back on the upside for 1.3748 resistance first. Read more…
PayPal shares are set to open near the lowest levels since the peak of the 2020 pandemic following a disappointing outlook for near-term revenues and shift in its growth strategy. Updated at 9:35 am EST Read more…
CEO Sundar Pichai says the internet giant is looking at this new technology, which is one of the buzzword in the tech world. Google (GOOGL) – Get Alphabet Inc. Class A Report has not yet said Read more…
The home the square hamburger, the Frosty, and the Baconator wants to drive its customers to adopt one specific behavior. Wendy’s (WEN) – Get Wendy’s Company Report competes with key rivals McDonald’s (MCD) – Get Read more…
Daily Pivots: (S1) 1.1236; (P) 1.1258; (R1) 1.1294; More… EUR/USD’s break of 1.1299 minor resistance suggests that fall form 1.1482 has completed. Intraday bias is back on the upside for 1.1482 resistance first. Firm break Read more…
Dollar tumbles broadly today as markets are staying in risk-on mode. Additional selling pressure is seen on the greenback after shocking poor ADP job data. On the other hand, Euro is lifted by another record Read more…
US ADP private employment dropped -301k in January, much worse than expectation of 270k growth. By company size, small businesses lost -144k jobs, medium business lost -59k, large business lost -98k. By sector, goods-producing jobs Read more…