Daily Pivots: (S1) 0.9086; (P) 0.9166; (R1) 0.9246; More… Intraday bias in USD/CHF stays on the downside for 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056. Sustained break there will pave the way Read more…
Daily Pivots: (S1) 1.2255; (P) 1.2345; (R1) 1.2436; More… Intraday bias in GBP/USD remains on the upside for the moment. Decisive break of 1.2445 resistance will confirm resumption of whole rise from 1.0351. Next target Read more…
The first payment stemming from the $13 billion debt Musk took on to finance the Twitter deal is due soon. Will he pay or won’t he? This is the question everyone is asking currently regarding Read more…
Daily Pivots: (S1) 1.0745; (P) 1.0816; (R1) 1.0866; More… EUR/USD is still bounded in consolidation from below 1.0886 and intraday bias stays neutral. Overall outlook will remain bullish as long as 1.0482 support holds. Break Read more…
Euro is lifted slightly by hawkish comments from ECB officials, as well as the meeting accounts. But overall, it’s risk-on sentiment that matters more for now, supporting Yen and Dollar too. Commodity currencies are so Read more…
US initial jobless claims dropped -15k to 190k in the week ending January 14, better than expectation of 212k. Four-week moving average of initial claims decreased 6.5k to 206k. Continuing claims rose 17k to 1647k Read more…
The British pound is almost unchanged on Thursday, trading at 1.2342 in the European session. Markets brace for another decline in retail sales All eyes will be on the UK’s December retail sales, which will Read more…
It’s been a solid start to the year for equity markets but that optimism appears to be fading as policymakers queued up in Davos to push back against market interest rate expectations. Let’s be clear Read more…
Not every covid-era change was a negative and the cruise line has made it clear that a popular one is here to stay (but there’s something you may not know). The covid pandemic forced the Read more…
BoE Governor Andrew Bailey said two months of decline in headline inflation is “the beginning of a sign that a corner has been turned.” He said: “What we think is the most likely outcome is Read more…