USDCHF went downhill to print an eight-and-a-half year low of 0.8810 slightly below May’s trough on Tuesday after getting rejected near its 20-day simple moving average (SMA). Another leg down is possible as the RSI and Read more…
Germany’s ZEW Economic Sentiment for July plunged significantly, from -8.5 to -14.7, far underperforming the expected -9.5. Additionally, Current Situation Index dropped from -56.5 to -59.5, a decline which was marginally better than anticipated -60.0. Read more…
GBPUSD opened the week with mild gains, expanding its NFP rally above June’s peak and to a fresh 15-month high of 1.2912 early on Tuesday. There is room for further development, as the technical indicators Read more…
GBPUSD opened the week with mild gains, expanding its NFP rally above June’s peak and to a fresh 15-month high of 1.2912 early on Tuesday. There is room for further development, as the technical indicators Read more…
GBPUSD opened the week with mild gains, expanding its NFP rally above June’s peak and to a fresh 15-month high of 1.2912 early on Tuesday. There is room for further development, as the technical indicators Read more…
GBPUSD opened the week with mild gains, expanding its NFP rally above June’s peak and to a fresh 15-month high of 1.2912 early on Tuesday. There is room for further development, as the technical indicators Read more…
Daily Pivots: (S1) 180.84; (P) 182.03; (R1) 182.96; More… No change in GBP/JPY’s outlook as intraday bias stays mildly on the downside. Fall from 183.99 short term top would target 179.90 support. Firm break there Read more…
Daily Pivots: (S1) 180.84; (P) 182.03; (R1) 182.96; More… No change in GBP/JPY’s outlook as intraday bias stays mildly on the downside. Fall from 183.99 short term top would target 179.90 support. Firm break there Read more…
The week started on a cautious note as European and US stocks eked out small gains, but appetite was limited appetite on news that the new capital requirements for the US banks would be tougher. Read more…
Westpac-MI Consumer Sentiment Index in Australia witnessed a modest 2.7% mom increase in July, rising to 81.3. However, the index remains entrenched the deeply pessimistic territory, a condition that has prevailed for over a year Read more…