Daily Pivots: (S1) 1.0600; (P) 1.0676; (R1) 1.0720; More… Intraday bias in EUR/USD is staying on the downside for the moment. Strong rebound from current level, followed by break of 1.0767 resistance, should confirm short Read more…
In a chorus of comments, ECB officias pushed back on market expectations on a rate cut next year. During a press conference today, ECB President Christine Lagarde emphasized, “We have not decided, discussed or even Read more…
Bank of England/Ipsos Inflation Attitudes Survey for August has shed light on how the public perceives inflation trends and the likely moves by the central bank. Interestingly, public’s perception of current inflation rate seems to Read more…
Bank of England/Ipsos Inflation Attitudes Survey for August has shed light on how the public perceives inflation trends and the likely moves by the central bank. Interestingly, public’s perception of current inflation rate seems to Read more…
Bank of England/Ipsos Inflation Attitudes Survey for August has shed light on how the public perceives inflation trends and the likely moves by the central bank. Interestingly, public’s perception of current inflation rate seems to Read more…
Yesterday’s significant US dollar up moves against the EUR, GBP, and CHF have not spread to the Chinese yuan and antipodean currencies. The choice of China’s central bank, PBoC latest monetary policy easing measure via Read more…
Gold price is eyeing a fresh increase above the $1,915 resistance level. Crude oil price is surging, and it could climb further higher toward the $92 resistance. Important Takeaways for Gold and Oil Prices Analysis Read more…
Daily Pivots: (S1) 0.8562; (P) 0.8588; (R1) 0.8604; More… Intraday bias in EUR/GBP stays neutral and outlook is unchanged. Price actions from 0.8502 are a consolidation pattern. Above 0.8629 would bring stronger recovery, but upside Read more…
Daily Pivots: (S1) 1.2369; (P) 1.2438; (R1) 1.2478; More… GBP/USD’s fall from 1.3141 is in progress and intraday bias stays on the downside. Next target is 100% projection of 1.3141 to 1.2618 from 1.2799 at Read more…
China’s economic indicators for August showcased a mixed picture but, on the whole, exceeded analyst expectations in key areas. Industrial production exhibited growth of 4.5% yoy, edging out forecast of 4.0% yoy. Retail sales also Read more…