ECB Chief Economist Philip Lane acknowledged the ongoing momentum in inflation but predicted a shift toward disinflation later this year. Speaking at a panel in Berlin, Lane said, “There’s still a lot of momentum in Read more…
Markets Core bonds extended declines in the wake of Friday’s stronger-than-expected US payrolls report. The 13th beat in a row served as a reminder to investors focused on financial stability and the US debt ceiling Read more…
Markets Core bonds extended declines in the wake of Friday’s stronger-than-expected US payrolls report. The 13th beat in a row served as a reminder to investors focused on financial stability and the US debt ceiling Read more…
Daily Pivots: (S1) 1.0974; (P) 1.1011; (R1) 1.1055; More… Range trading continues in EUR/USD and intraday bias stays neutral. But further rally remains in favor too. On the upside, firm break of 1.1094 will resume Read more…
Daily Pivots: (S1) 1.6266; (P) 1.6365; (R1) 1.6416; More… Immediate focus is now on 1.6219 support tin EUR/AUD. Considering bearish divergence condition in D MACD, decisive break of 1.6219 will argue that it’s already in Read more…
The Euro regained traction on Monday after Friday’s action, shaped in long-legged Doji, signaled indecision. Near-term bias remains with bulls as price action stays above psychological 1.10 support the fourth straight day. The pair kept Read more…
On May 7, Binance, the largest cryptocurrency exchange, suspended the withdrawal of bitcoins twice due to a heavy load on the network, which may be associated with a surge in traders’ interest in new meme Read more…
On May 7, Binance, the largest cryptocurrency exchange, suspended the withdrawal of bitcoins twice due to a heavy load on the network, which may be associated with a surge in traders’ interest in new meme Read more…
EURUSD had been in a steady uptrend after finding its feet at the March low of 1.0515. Even though the pair posted a fresh 13-month peak of 1.1094 in late April, it has been rangebound since Read more…
Daily Pivots: (S1) 169.11; (P) 169.87; (R1) 171.05; More… Intraday bias in GBP/JPY remains neutral for the moment, and further rally is in favor. On the upside, break of 172.30 will resume larger up trend Read more…