Daily Pivots: (S1) 0.9625; (P) 0.9656; (R1) 0.9705; More… Intraday bias in USD/CHF remains neutral and outlook is unchanged. Triangle correction from 1.0063 could have completed at 0.9369 already. Above 0.9691 will t target 0.9884 Read more…
Daily Pivots: (S1) 136.46; (P) 136.86; (R1) 137.53; More… Intraday bias in USD/JPY stays neutral for the moment. Overall, price actions from 139.37 are seen as a corrective pattern, with rise from 130.38 has the Read more…
Daily Pivots: (S1) 0.6881; (P) 0.6908; (R1) 0.6936; More… Intraday bias in AUD/USD remains neutral first. Corrective rebound from 0.6680 could have completed with three waves up to 0.7135. Below 0.6855 will target a retest Read more…
Daily Pivots: (S1) 1.2943; (P) 1.2981; (R1) 1.3009; More… Intraday bias in USD/CAD stays neutral for the moment and some more consolidations could be seen below 1.3062. But outlook is unchanged that corrective decline from Read more…
Dollar turns softer in Asian session today, but stays in familiar range. Traders would likely remain cautious until Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium tomorrow. For now, Aussie and Kiwi are Read more…
Credit: Hadlee Simons / Android Authority An upcoming Redmi Note phone in India is apparently missing a bundled charger. This would mark the first time that Xiaomi has ditched the charger from Redmi Note phones. Read more…
New Zealand retail sales volume declined -2.3% qoq in Q2 to NZD 26B, worse than expectation of 1.7% qoq rise. 10 of 15 industries had lower seasonally adjusted sales volumes comparing with Q1. Retail sales Read more…
BoJ board member Toyoaki Nakamura said in a speech that “Japan’s economy is still in the midst of recovering from the pandemic-induced slump.” “Shifting to a monetary tightening stance, at a time when demand remains Read more…
Retail spending was much softer than expected in the June quarter, signalling downside risk to our forecast for Q2 GDP growth and the RBNZ’s projections. Q2 retail sales (volumes): -2.3% (Prev: -0.9%) Westpac f/c: +0.3%, Read more…
The core PCE index due for release on Friday at 12:30 GMT will be the last piece of economic information ahead of the Jackson hole symposium. Hence, although investors have already gotten some taste of inflation in Read more…