Daily Pivots: (S1) 0.9479; (P) 0.9597; (R1) 0.9727; More…. Despite edging higher to 0.9712, EUR/CHF quickly retreated. Intraday bias remains neutral first. On the upside, break of 0.94680 will bring stronger rise back to 0.9864 Read more…
Daily Pivots: (S1) 0.9793; (P) 0.9850; (R1) 0.9891; More… EUR/USD’s decline is still in progress and intraday bias remains on the downside for 100% projection of 1.0368 to 0.9863 from 1.0197 at 0.9692. Firm break Read more…
Daily Pivots: (S1) 1.1190; (P) 1.1277; (R1) 1.1342; More… GBP/USD’s decline resumed after brief recovery and intraday bias is back on the downside. Current down trend should target 61.8% projection of 1.3748 to 1.1759 from Read more…
Following the September meeting of the FOMC we have raised our terminal forecast rate for the federal funds rate from 4.125% to 4.625% peaking at the January 2023 FOMC meeting. That forecast follows the near Read more…
Key insights from the week that was. This week has been all about monetary policy, in particular global central banks’ fight against inflation. Their rhetoric, the implications for global growth and the market’s reaction have Read more…
A busy week for central banks come to an end with plenty of rate hikes, increased prospects of slowing growth, that leave investors with a bad taste in their mouth. But the week is not Read more…
Market movers today The implications for financial markets of the flurry of G10 central bank meetings over the past two days remain a key focus, notably the decision by the Japanese finance ministry yesterday to Read more…
Credit: Google Google has posted an official video showing the Pixel Watch from all angles. The smartwatch is confirmed to feature Gorilla Glass protection. We also get a better look at the crown, some watch Read more…
Credit: Apple Apple has reportedly issued a software update for the iPhone 14 series. This update fixes an iPhone 14 Pro series camera shake bug. Apple launched the iPhone 14 series last week, but some Read more…
Daily Pivots: (S1) 1.3417; (P) 1.3480; (R1) 1.3552; More… USD/CAD’s rally is still in progress and intraday bias stays on the upside. Current up trend should target medium term fibonacci level at 1.3650. On the Read more…