Daily Pivots: (S1) 1.0845; (P) 1.0868 (R1) 1.0900; More… Intraday bias in EUR/USD remains neutral for the moment. But further fall is expected with 1.0987 resistance intact. On the downside, decisive break of 1.0805 low Read more…
Daily Pivots: (S1) 1.2986; (P) 1.3033; (R1) 1.3084; More… Intraday bias in GBP/USD remains on the downside and outlook is unchanged. Current down trend from 1.4248 is in progress. Next target is 61.8% projection of Read more…
Daily Pivots: (S1) 0.9321; (P) 0.9348; (R1) 0.9368; More…. USD/CHF retreat ahead of 0.9380 resistance and intraday bias remains neutral. On the upside, firm break of 0.9380 should confirm that fall from 0.9459 has completed Read more…
Daily Pivots: (S1) 123.74; (P) 124.21; (R1) 124.75; More… USD/JPY’s break of 125.09 resistance confirms resumption of larger up trend from 102.58. Intraday bias is now on the upside. Decisive break of 125.86 long term Read more…
Yen’s selloff intensifies today, following extended rally in major benchmark treasury yields. US 10-year yields breaks 2.75% handle for the first time since March2 019. Germany 10-year bund yield also breaches 0.8% handle. On the Read more…
China’s ‘zero Covid’ policy is likely to lead to longer lockdowns, and a slump in energy demand, just as the U.S. and allied nations release a record amount of crude into global markets. Global oil Read more…
The Alliance between Japanese and French automakers has so far been marked by tension and mistrust. By joining forces with the French car manufacturer Renault (RNSDF) , japanese carmaker Nissan (NSANF) has made a marriage Read more…
This week we welcome Peter Baumgartner (@pmbaumgartner) as our PyDev of the Week! Peter is a fellow Python blogger who writes about Python and data science. Peter also has a collection of interesting Jupyter Notebooks Read more…
The Japanese yen continues to lose ground. Last week, USD/JPY rose 1.41% and has added another 0.97% on Monday. Earlier in the day, USD/JPY touched 125.55, its highest level since June 2015. Yen slides, BoJ Read more…
With inflation in focus and Treasury bond yields back on the march, stocks are looking at a modestly weaker open to kick-off the holiday-shortened trading week. U.S. equity futures edged lower Monday, while Treasury bond Read more…