Daily Pivots: (S1) 1.1034; (P) 1.1091; (R1) 1.1121; More… Intraday bias in EUR/USD stays mildly on the downside. Fall from 1.1274 is in progress. But still, outlook will remain bullish as long as 1.1011 resistance Read more…
Daily Pivots: (S1) 1.6359; (P) 1.6460; (R1) 1.6516; More… EUR/AUD’s pull back from 1.6601 extends lower today but stays well above 1.6231 support. Intraday bias remains neutral first and outlook stays cautiously bullish. On the Read more…
Copper rises notably today, on optimism of fiscal stimulus in China, or at least some policy adjustment. Australian Dollar is also taken higher too, even though it lags in momentum. The moves come with strong Read more…
Copper rises notably today, on optimism of fiscal stimulus in China, or at least some policy adjustment. Australian Dollar is also taken higher too, even though it lags in momentum. The moves come with strong Read more…
Hong Kong stocks are having a strong rebound today, concurrently with a surge in Chinese Yuan. These dynamic shifts come in the wake of a promise from China’s Politburo to “adjust and optimize policies in Read more…
A 25bp rate hike from the ECB this week is essentially a given. This outcome has been well communicated in advance by most members, and should not in itself lead to any noticeable market reaction. Read more…
A 25bp rate hike from the ECB this week is essentially a given. This outcome has been well communicated in advance by most members, and should not in itself lead to any noticeable market reaction. Read more…