Exactly 13 years ago, programmer Laszlo Heinitz, for the first time in history, paid for a real product with bitcoins — two Papa John’s mushroom pizzas with sausages, tomatoes and onions. The purchase cost him Read more…
EURCHF has been trending lower since its latest rebound got rejected just shy of the parity level in late March. In today’s session, the pair posted a fresh seven-month low of 0.9703 before recouping some losses, Read more…
Daily Pivots: (S1) 148.61; (P) 149.20; (R1) 149.69; More…. Further rise is mildly on the upside in EUR/JPY for retesting 151.60 high. Decisive break there will resume larger up trend. On the downside, however, break Read more…
Daily Pivots: (S1) 0.8960; (P) 0.9010; (R1) 0.9044; More… Intraday bias in USD/CHF remains neutral for the moment. Rebound from 0.8818 short term bottom is expected to continue as long as 0.8918 minor support holds. Read more…
Daily Pivots: (S1) 1.3470; (P) 1.3496; (R1) 1.3524; More…. Intraday bias in USD/CAD remains neutral as range trading continues. Overall, the pair is seen as extending the triangle consolidation pattern from 1.3976. Above 1.3566 will Read more…
Key Highlights EUR/USD started a fresh decline from well above 1.1050. A key bearish trend line is forming with resistance near 1.0840 on the 4-hour chart. GBP/USD is consolidating losses below the 1.2500 resistance. USD/JPY Read more…
NZIER disclosed that its RBNZ Shadow Board is in disagreement over whether RBNZ should raise OCR the Official Cash Rate (OCR) this week. A “large number” of the Shadow Board members viewed a 25bps to Read more…