EUR/USD recovered just ahead of near term falling channel floor and intraday bias is turned neutral first. Some consolidations could be seen, but risk will stay on the downside as long as 1.1685 resistance holds. Break of 1.4992 will resume the fall from 1.1848 to retest 1.1408 low next. In the bigger picture, the strong […]
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If you think inflation means stores are dropping prices to win consumers back, think again. One of America’s historic footwear giant is actually betting on higher-priced products, and closing stores at your local malls. The Read more…
Gold is trying to find a bottom, bracing for the US CPI release. China continues to buy gold for the 19th consecutive month. The US dollar retreated after Israel and Iran announced a ceasefire. Donald Read more…
Global markets showed signs of stabilization today, but conviction remained notably absent as investors positioned cautiously ahead of Wednesday’s pivotal US CPI report. Technology shares rebounded strongly across Japan and South Korea, oil prices eased, Read more…