Why the Market Didn’t Follow the US CPI Data – Orbex Forex Trading Blog

Daily Pivots: (S1) 157.32; (P) 157.70; (R1) 158.42; More… Intraday bias in USD/JPY stays mildly on the upside at this point. Rise from 139.57 is in progress for 61.8% projection of 139.57 to 156.74 from 148.64 at 159.25 next. Firm break there will pave the way back to 161.94 high. On the downside, though, below…

USDCHF technicals The USDCHF continued to respect key technical levels in early Tuesday trading, as the pair once again found support at the 0.8193–0.8212 swing area. The zone, which had provided a base earlier this month (and into the end of April), attracted buyers again after a brief dip below it during the Asian session…

The share price of Dell Technologies Inc. (DELL) suffered its worst performance since the technology firm went back on the public market in 2018. A fall of almost 18% was registered on Friday despite DELL reporting an increase in revenue for the first time in two years. Expectations were high thanks to the current AI…

Investors worriedly eyed global stock markets as the dive in tech stocks on Monday 5 August 2024 impacted indices. Although India’s stock market tripped, it reflected a respectable recovery on Wednesday 7 August 2024, when both the country’s leading indices ended the day with gains. The Sensex closed Wednesday trading up 1.11% and the Nifty…

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Britain performed worse than most other developed nations in its response to the Covid pandemic, according to an Observer analysis of international data, five years on from the first lockdown. The UK spent more money than most other countries on economic help yet still ended up with larger drops in life expectancy, more people too…