Initial and continuing claims continued their snooze-fest this week.Initial claims declined from -5,000 to 207,000, continuing their nearly 3 month long range of between 200-220,000 per week. The four...
Image Source: Unsplash The Yen is now trading at its weakest levels against the US dollar in 34 years!This major FX pair has crossed above the psychologically-important 155 level, ahead of a slew ...
The U.S. Treasury now has $930 billion in cash in its Treasury General Account (TGA) held at the Federal Reserve. The influx of cash into the Treasury account at the Fed is the result of April 15 tax ...
In the real world labor market, 2024 has been a shitshow of layoffs… 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. T...
Image Source: Pixabay Gold has been able to regain its poise after the sharp drop we observed at the start of the week. The metal has found decent support around the $2300 level, with traders keepi...
Image Source: Unsplash Equity futures point to a weak start when the stock market opens later this morning, following a string of weaker-than-expected guidance that in some cases includes higher sp...
According to recent trading activity, the British pound sterling against the US dollar (GBP/USD) has been on the rise, easing some recent selling pressure. However, the bigger picture remains consiste...
Image Source: Pixabay Asian stock markets are trading with mixed results on Thursday, following the uncertain signals from Wall Street overnight as META earnings failed to impress afterhours causin...
Photo by Colin Watts on Unsplash GBPUSD Elliott Wave Analysis Trading Lounge Day Chart, British Pound/U.S.Dollar(GBPUSD)?Day Chart GBPUSD Elliott Wave Technical AnalysisFUNCTION: Counte...