Daily Pivots: (S1) 1.1268; (P) 1.1298; (R1) 1.1334; More… Intraday bias in EUR/USD remains mildly on the downside and outlook is unchanged. Corrective rebound from 1.1185 should have completed at a.1482. Deeper fall would be Read more…
Daily Pivots: (S1) 1.3455; (P) 1.3487; (R1) 1.3537; More… Intraday bias in GBP/USD remains neutral at this point. As noted before, rebound from 1.3158 could have completed at 1.3748 already. More importantly, larger fall from Read more…
Daily Pivots: (S1) 0.9114; (P) 0.9136; (R1) 0.9164; More…. USD/CHF is still bounded in range of 0.9090/9276 and intraday bias remains neutral. On the downside, firm break of 0.9084 support will argue that choppy rise Read more…
Daily Pivots: (S1) 113.63; (P) 113.89; (R1) 114.12; More… USD/JPY recovers today but stays in range above 113.47. Intraday bias remains neutral first. On the downside, break of 113.47 will resume the fall from 116.34. Read more…
Markets are gradually stabilizing, despite the fact that Russia-Ukraine tensions remain high. The two-day FOMC meeting concludes this afternoon. FOMC meeting ends today The Fed is widely expected to keep a hawkish stance as it Read more…
The fast-food giant has introduced a sandwich that’s both innovative and obvious. Some fast-food innovation feels obvious, The first person who put bacon on a cheeseburger probably wondered why nobody had done it before. The Read more…
US exports of goods rose USD 2.2B to USD 157.3B in December. Imports of goods rose USD 5.1B to 258.3B. Goods trade deficit widened to USD -101.0B, versus expectation of USD -96.1B. Whole sale inventories Read more…
Intel is finally off the hook for a $1.2 billion antirust fine levied against it by the European Commission. Intel (INTC) – Get Intel Corporation Report is off the hook for a $1.2 billion antirust fine Read more…
Wall Street looks set for a bit of a comeback Wednesday as a better-than-expected outlook from Microsoft boosts sentiment ahead of today’s crucial Fed rate decision. U.S. equity futures powered higher Wednesday, while oil prices Read more…
Boeing booked $3.5 billion in charges linked to its troubled 787 Dreamliner, sending the planemaker into a massive Q4 loss of $7.69 per share. Boeing (BA) – Get Boeing Company Report posted a massive fourth quarter Read more…