Management accounting insights on cost and production availability are deciding factors in purchasing choices. Data from managerial accounting empower decision-making at both an operational and strategic level. The process of creating organization goals by identifying, measuring, analyzing, interpreting and communicating information to managers is call management or managerial accounting. Under this method, companies will cost […]

Last week: The British Prime Minister, Harold Wilson, in the 1960s once claimed that ‘a week was a long time in politics’ and how true that was last week! The week started with US$ weakness, helping to support some great trend line breakouts, but was then followed by the choppiness and uncertainty stemming from the […]

Both FX indices have closed with indecision weekly candles in a week that was shaped by a fair bit of turmoil. Turmoil coming from the US Presidential debate, the ongoing US stimulus debate, the US President’s Covid-19 diagnosis and, finally, a mixed US jobs report. Given all of this, it was rather surprising that there […]

Is the US$ losing the battle? The DXY has slipped back below the contested 10-yr support trend line and the failure to hold to see out the month is obviously bearish. This US$ weakness has helped to underpin the open trend line breakout trades. News has just filtered through that the vote on the US […]

US$ weakness remains as the DXY struggles at the resistance from the top of the daily Cloud. This has helped to develop the trend line breakouts that triggered yesterday. Stocks are weak ahead of today’s first US Presidential debate.