Overall, the forex markets are pretty quiet today. Euro rises broadly despite poorer than expected German GDP. Yet, there is no breakout from familiar range. Swiss Franc is tracking Euro closely, followed by Dollar. Australian Dollar is so far the worst performer, without follow through downside momentum. Yen is following and then Canadian. Sterling and […]
Euro Shrugs Poor German GDP, But Overall Markets Tread Water Read More »
Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace of price increases easing, the Commerce Department reported Friday. Personal consumption expenditures excluding food and energy increased 4.4% from a year ago, down from the 4.7% reading in November and in line with the Dow Jones
Key Fed inflation measure eased in December while consumer spending also declined Read More »
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourth-quarter profit beat analysts’ expectations as strong travel demand and high fares buoyed results during a turbulent
American Airlines beats fourth-quarter profit expectations as higher fares buoy revenue Read More »
AUD/USD has found an intermediate cushion around 0.7050, however, more downside is on cards. Investors have turned risk-averse ahead of the release of the interest rate policy by the Fed. A decline in monthly Australian Retail Sales might ease some troubles for the RBA. The AUD/USD pair has managed to gauge an intermediate cushion around
AUD/USD finds intermediate support around 0.7050, risk-off mood still intact Read More »
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