Welcome to another edition of the Currency Pair of the Week. The USD/JPY is among the major currency pairs to watch this week, thanks to the yen’s heightened volatility in recent times and the fact Read more…
Bundesbank President Joachim Nagel emphasized the growing importance of determining future monetary policy steps on a meeting-to-meeting basis, taking into account economic and financial developments. Meanwhile, he assured that the central bank will “continue to Read more…
ECB Governing Council member Pablo Hernandez de Cos has emphasized that the central bank’s future monetary policy decisions will be highly dependent on the development of various risk sources, including recent financial market turmoil. De Read more…
ECB Governing Council member Pablo Hernandez de Cos has emphasized that the central bank’s future monetary policy decisions will be highly dependent on the development of various risk sources, including recent financial market turmoil. De Read more…
Germany Ifo Business Climate rose form 91.1 to 93.3 in March, above expectation of 92.0. That’s also the fifth consecutive rise. Current Assessment index rose from 93.9 to 95.4, above expectation of 94.0. Expectations index Read more…
Daily Pivots: (S1) 0.8774; (P) 0.8800; (R1) 0.8824; More… Intraday bias in EUR/GBP stays neutral at this point and outlook is mixed. On the upside, break of 0.8864 will target 0.8924 resistance first. Firm break Read more…
Daily Pivots: (S1) 129.93; (P) 130.43; (R1) 131.23; More… Intraday bias in USD/JPY is turned neutral with as fall from 137.90 lost momentum after hitting 129.62. Some consolidations could be seen first. But outlook stays Read more…
ECB Vice President Luis de Guindos recently shared his thoughts on the central bank’s approach to future rate hikes, emphasizing a data-dependent and cautious stance in light of the uncertainties arising from the financial sector Read more…
DXY: Looking at the DXY chart, the overall momentum is bullish, suggesting that prices may continue to rise. Price could potentially make a bullish continuation towards the 1st resistance level at 103.62. On the support Read more…