Daily Pivots: (S1) 1.0885; (P) 1.0926; (R1) 1.0951; More… A temporary top was formed at 1.0964 in EUR/USD after hitting 61.8% retracement of 1.1274 to 1.0447 at 1.0958. Intraday bias is turned neutral for some consolidations first. Downside of retreat should be contained by 1.0823 support to bring another rally. On the upside, sustained trading […]
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Canada’s labor market weakened notably in April as employment unexpectedly declined and the unemployment rate climbed to its highest level in months. Total employment fell by -17.7k during the month, sharply missing expectations for a Read more…
US job growth slowed in April but remained significantly stronger than expectes. Non-Farm Payrolls increased by 115k during the month, comfortably above consensus forecasts near 60k, while March payrolls were revised higher from 178k to Read more…
Goldman Sachs is taking a stronger view on Chevron after the energy giant’s first-quarter results gave analysts more confidence in the company’s cash flow outlook, production base, and shareholder return plans. In a report given Read more…