Daily Pivots: (S1) 1.2993; (P) 1.3025; (R1) 1.3061; More… Intraday bias in GBP/USD is turned neutral as it turns into consolidation after hitting 1.2981. Outlook will stay bearish as long as 1.3165 resistance holds. Break Read more…
Daily Pivots: (S1) 124.36; (P) 125.07; (R1) 126.10; More… Intraday bias in USD/JPY is turned neutral with 4 hour MACD crossed below signal line. On the downside, break of 124.66 minor support will bring deeper Read more…
Daily Pivots: (S1) 0.9287; (P) 0.9329; (R1) 0.9355; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, firm break of 0.9380 should confirm that fall from 0.9459 has completed with three Read more…
Dollar drops in early US session together with treasury yields after consumer inflation data. While headline CPI came in higher than expected, core CPI’s pick up missed expectations. Commodity currencies are trading generally higher as Read more…
In Germany, the final consumer price index data confirmed that inflation reached 7.3% y/y in March – the highest since 1981. This is a worrying reading, but it is already priced in as it coincided Read more…
The New Zealand dollar is finally in positive territory on Tuesday, after posting five consecutive losing sessions. RBNZ rate decision looms The RBNZ is widely expected to increase rates from the current 1.00% at the Read more…
US CPI rose 1.2% mom in March, above expectation of 1.1% mom. CPI core rose 0.3% mom, below expectation of 0.5% mom. For the 12-month period, CPI accelerated from 7.9% yoy to 8.5% yoy, above Read more…
An easing in core inflation pressures took the edge off the fastest headline reading since 1981 as headline CPI surged to 8.5% in March. U.S. inflation accelerated to the fastest pace in four decades again Read more…
A government spokesperson said the company had ‘signed its own warrant.’ The ongoing invasion of Ukraine has continued creating tussles between American tech companies and Russia’s ruling elite, as the country attempts to control messaging Read more…
Wall Street is looking at a firmer open Tuesday following a softer-than-expected reading for March core inflation that has taken some of the steam out of rising Treasury bond yields. Updated at 8:48 am EST Read more…