U.S. equity futures slipped lower Wednesday while safe-haven flows propped up the dollar even amidst an ongoing sell-off in Treasury bonds, as investors grappled with the dangerously escalating conflict between Israel and Hamas and indications Read more…
USDCHF snaps key floor; short-term bias bearish Downside pressure could stay limited above 50-day SMA USDCHF is marking its third consecutive bearish week, having recently enhanced negative risks below the protective 200-day simple moving average Read more…
Gold rose to the highest in almost one month on Wednesday morning, signaling bullish continuation after larger rally paused for consolidation in past two days. Overall environment remains favorable for safe haven bullion which advanced Read more…
Eurozone CPI was finalized at 4.3% yoy in September, down from 5.2% yoy in August. Core CPI was finalized at 4.5% yoy, down from prior month’s 5.3% yoy. The highest contribution to the annual Eurozone Read more…
USDJPY edges lower as market focuses on geopolitical events Quieter sessions lately but risk of intervention remains at large Momentum indicators continue to send mixed signals USDJPY is in the red today as market participants’ attention Read more…
UK inflation data was released this morning, showing that consumer price inflation (CPI) held steady at 6.7% in September, although economists had expected 6.6%, which would mean the CPI would continue to decline from its Read more…
EUR/USD is slowly moving higher from the 1.0500 level. USD/JPY is rising and might soon attempt a move above the 150.00 resistance. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro started a decent Read more…
Markets are a bit slow, stocks sideways, same with USD, the only movers are commodities, with gold breaking higher while crude oil is also moving into resistances. Today, we got UK inflation data, its 6.7% Read more…
Markets Core bonds slid for a second day straight yesterday. US Treasuries underperformed Bunds following (very) strong September retail sales and industrial production figures. NAHB housing market confidence slipped more than expected in October to Read more…
Daily Pivots: (S1) 181.76; (P) 182.29; (R1) 183.02; More… GBP/JPY recovered quickly after dipping to 181.00 and intraday bias stays neutral. The favored case is still that correction from 186.75 has completed at 178.02. Above Read more…