We all know its looks soft and we all know there’s a large 0.9800 barrier defence going on. currently 0.9806 after 0.9802 lows
Here’s what else is out there
Sellers 098.20,0.98.35,0.9850,0.9880,0.9900,0.9920,0.9940,0.9950
Buyers 0.9800*, 0.9780,0.9765,0.9750*,0.9720, 097.00* * barrier option related
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TRNS, LECO, FOR show declining margins & weak returns. Valuations: 37.8x, 23.5x, 8.9x P/E.
Tokyo Electron's Taiwan unit accepts T$150M fine in TSMC trade secret case; no appeal.
Aerospace stocks soar 7.2% on strong Q1. Rocket Lab up 65.9% on 63.5% revenue growth; HXL guides lower.
DASH's 179% EPS growth & 25% revenue forecast shine; GPC's 3.1% growth & SSP's 1.6% lag.
Australia's unemployment rate rose unexpectedly to 4.5% in April from 4.3%, its highest since November 2021, as employment fell by 18,600 against expectations of a 17,500 gain, complicating the RBA's rate path.
TGT's Q1 EPS leaps 32% to $1.71, sales up 6.7%, but cautious outlook dims returns.
Monarch (MCRI) jumps 22.3% on strong earnings beat; RRR down 7% on mixed results. Casino stocks show mixed Q1 returns.
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