CEVA earnings on deck: Can licensing sustain royalty wait?

The GBPUSD surged higher yesterday, extending its rally toward a key swing level at 1.34797. However, during the Asia-Pacific and early European sessions, the pair corrected lower, retracing back to its converged 100-day and 200-day moving averages near 1.3398. The day’s low reached 1.3400, just a couple of pips above that critical support zone. That…

TD Securities strategists expect only modest US Dollar (USD) weakness if July payrolls or the unemployment rate disappoint. They see US Dollar Index (DXY) remaining above its 200-day SMA near 99, with US-based investors reluctant to build short USD positions until US inflation data softens more convincingly. Upside payroll surprises would instead support further Dollar…

“He has never been particularly generous or nurturing.”