The British pound has a tough time against the US dollar for more than a week now, making investors wonder when the next bullish round will take place. Next week’s session could set a new Read more…
Inflation and retail sales figures for March are the focal point for traders in the United States next week. The consumer price index (CPI) is released on Tuesday and retail sales on Thursday, both due Read more…
Markets This week turned out far more interesting than one could have guessed at the start. The economic calendar was empty but for the meeting minutes from the Fed and ECB March policy gathering. And Read more…
Tesla CEO Elon Musk’s Cyber Rodeo has twitter rocking with post-party buzz. The party may be over but the buzz is still going strong. Social media was humming one day after Tesla (TSLA) – Get Tesla Read more…
Software giant Microsoft is among the big companies that have mobilized in favor of Ukraine since Russia invaded the country six weeks ago. Russia’s invasion of Ukraine has plunged multinationals into a new paradigm: They Read more…
US stocks are edging higher after a rough week. US futures Dow futures +0.35 % at 34707 S&P futures +0.22% at 4513 Nasdaq futures +0.18% at 14562 In Europe FTSE +1.2% at 7635 Dax +1.22% Read more…
The Canadian labour market gained 73k positions in March, with full-time employment up 93k. The unemployment rate dropped by 0.2 percentage points, to 5.3% (a record low!). The participation rate was little changed at 65.4%. Read more…
The USDJPY continues to trend higher and extend uninterrupted recovery from a higher base at 121.27 (Mar 30/31) into sixth straight day, on track for the fifth consecutive strong weekly gains. Today’s acceleration cracked pivotal Read more…
Daily Pivots: (S1) 1.0850; (P) 1.0895 (R1) 1.0924; More… No change in EUR/USD’s outlook and intraday bias stays on the downside for retesting 1.0805 low first. Firm break there will resume larger down trend from Read more…
Daily Pivots: (S1) 123.63; (P) 123.81; (R1) 124.16; More… USD/JPY’s rebound from 121.27 extends higher today but stays below 125.09 high. Intraday bias remains neutral first. Outlook stays bullish with 121.17 support intact and further Read more…