In an earlier post(s), I was targeting the 50% of the move down from the October 28 high. That was the corrective high from that day and started the sharp move to the downside that bottomed on November 24th. The midpoint was at 1.14385 (see last post here). The price has reached that target and […]
New highs for the EURUSD Read More »
Asia followed up an active FX session in the US where the US dollar declined across the majors’ board with a session of low volatility and small ranges. On the central bank front we had Federal Reserve Bank of San Francisco President Mary Daly speaking on a public TV interview. Daly said a rate hike
ForexLive Asia FX news wrap: More Fed officials spoke today Read More »
In this article 2330-TW A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors. The Taiwanese foundry, which
Apple chipmaker TSMC notches another quarterly sales record on strong demand Read More »
MELBOURNE: prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge around the globe. U.S. West Texas Intermediate (WTI) crude futures slipped 7 cents, or 0.1%, to $82.57 a barrel at 0221 GMT, after climbing 1.7%
Oil struggles to hold gains amid mixed demand view Read More »
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%.
Inflation rises 7% over the past year, highest since 1982 Read More »
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