Daily Pivots: (S1) 1.2499; (P) 1.2550; (R1) 1.2598; More… GBP/USD’s down trend is in progress and intraday bias stays on the downside for 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258. On the Read more…
Tech earnings are set to give Wall Street an early boost Thursday, with Apple’s Q2 update, GDP data and a surging U.S. dollar also in focus. Updated at 8:34 am EST U.S. equity futures moved Read more…
Daily Pivots: (S1) 127.39; (P) 127.99; (R1) 129.03; More… Intraday bias in USD/JPY remains on the upside for the moment. Next near term target is 61.8% projection of 121.27 to 129.39 from 126.91 at 131.92. Read more…
Daily Pivots: (S1) 0.9635; (P) 0.9669; (R1) 0.9722; More…. USD/CHF’s rally continues today and intraday bias remains on the upside. Current up trend should target next medium term projection level at 0.9864. On the downside, Read more…
Daily Pivots: (S1) 1.2779; (P) 1.2816; (R1) 1.2855; More… USD/CAD’s rally continues today and intraday bias remains on the upside for 1.2899 resistance. Break there should resume the larger rise from 1.2005 to 1.3022 fibonacci Read more…
It’s up, up and away for dollar/yen, which has punched above the symbolic 130 today, the first time that has occurred since 2002. USD/JPY is trading at 130.40, up 1.53% on the day. Japan MOF Read more…
“Our strong performance in the first quarter was underpinned by global comparable sales up nearly 12%, reflecting broad-based momentum across all segment,” said CEO Chris Kempczinski. McDonalds Corp. (MCD) – Get McDonald’s Corporation Report posted stronger-than-expected Read more…
The Reserve Bank of Australia announces its policy decision on Tuesday at 04:30 GMT. Australia’s currency was on the verge of collapsing Thursday owing to fears of an impending European financial crisis and a weakening Read more…
Real Money Columnist Jim Collins, a climate-change heretic, created his HOAX portfolio at the end of December. Real Money Columnist Jim Collins encourages investors to choose to live in the present. “While some investors choose Read more…
The currency market has gone a little crazy. Key currency pairs with the dollar have reached significant round levels, attracting attention, and the extent of US currency appreciation continues to pick up speed. EURUSD on Read more…