USDJPY recouped its latest pullback after finding strong support around the 141.50 level and near the 50-day simple moving average (SMA). The focus is now again on the 143.35 ceiling as investors are eagerly waiting Read more…
Daily Pivots: (S1) 181.81; (P) 182.38; (R1) 183.38; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside, decisive break of 183.99 high will resume larger up trend. Nevertheless, break of 180.41 Read more…
Daily Pivots: (S1) 1.2692; (P) 1.2740; (R1) 1.2795; More… GBP/USD is still bounded in range above 1.2618 and intraday bias stays neutral at this point. On the downside, below 1.2618, and sustained trading below 1.2678 Read more…
As seen from the latest Quarterly RBNZ Survey of Expectations, businesses have slightly tapered their inflation expectations in the near term but wage inflation expectations were on the rise. RBNZ OCR is expected to be Read more…
As seen from the latest Quarterly RBNZ Survey of Expectations, businesses have slightly tapered their inflation expectations in the near term but wage inflation expectations were on the rise. RBNZ OCR is expected to be Read more…
As seen from the latest Quarterly RBNZ Survey of Expectations, businesses have slightly tapered their inflation expectations in the near term but wage inflation expectations were on the rise. RBNZ OCR is expected to be Read more…
EURGBP reversed from resistance level 0.8660 Likely to fall to support level 0.8560 EURGBP currency pair recently reversed down from the pivotal resistance level 0.8660, former support from May, which has been reversing the pair Read more…
FactSet agency notes a disturbing feature of the current reporting season in the US stock market: if a company publishes a report that exceeds forecasts, its share price does not react with a price increase, Read more…