Daily Pivots: (S1) 1.3646; (P) 1.3680; (R1) 1.3737; More… GBP/USD’s rise from 1.3158 is in progress and hits as high as 1.3746 so far. Intraday bias remains on the upside for 1.3833 resistance first. As Read more…
Dollar remains overwhelmingly the worst performer today, as selloff extends. There is little support from hawkish Fedspeaks, with some officials expressing openness to four rate hikes this year. Commodity currencies continue to be the biggest Read more…
That’s unlikely for a culture built on the ideas of think huge, break things, and fake it ‘til you make it. But Holmes may well see jail time. As the world (well at least some Read more…
Aron sold another $7.1 million worth of shares, bringing the total he’s dumped to $40 million over the past three months. AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report head Adam Aron Read more…
US PPI for final demand rose 0.2% mom in December, below expectation of 0.4% mom. Over the year, PPI accelerated to 9.7% yoy, up from 9.6% yoy, below expectation of 9.8% yoy. PPI core rose Read more…
US initial jobless claims rose 23k to 230k in the week ending January 8, above expectation of 213k. Four-week moving average rose 6k to 211k. Continuing claims dropped -194k to 1559k in the week ending Read more…
Another big Wall Street firm is requiring U.S. staff to get Covid-19 booster shots to work in the office, joining the likes of JP Morgan Chase, Goldman Sachs and others. Another big Wall Street firm Read more…
Scammers are taking advantage of travelers when flights are delayed or canceled. Here’s what to watch for, and how to report scams. It seems like any opportunity scammers can find to take advantage of consumers, Read more…
EURUSD is trading higher, now breaking out of a triangle pattern after US CPI figures. We know that triangle can occur in wave B and not in wave two, therefore we think that upside can Read more…
The remains in red on Thursday and trading near new 2 ½ week low, hit after Wednesday’s post-US CPI drop (the biggest daily fall since Nov 26). Long tails of yesterday’s and today’s candle signal Read more…