Markets Talk about a slow, uninspired start of the week. Core bonds traded mixed with USTs slightly outperforming German bunds in technical trading. US rates eased between -0.8 and 3 bps. German yields rose 1.5 Read more…
Daily Pivots: (S1) 1.0674; (P) 1.0690; (R1) 1.0715; More… Intraday bias in EUR/USD stays neutral for the moment. On the downside, break of 1.0655 minor support, and sustained trading below 55 4H EMA (now at Read more…
Daily Pivots: (S1) 1.2234; (P) 1.2258; (R1) 1.2302; More… While GBP/USD’s recovery from 1.2185 is extending, upside is limited below 1.2307 resistance. Intraday bias stays neutral first. Corrective rebound from 1.2036 should have completed with Read more…
Daily Pivots: (S1) 0.8998; (P) 0.9025; (R1) 0.9044; More…. Intraday bias in USD/CHF remains neutral and outlook is unchanged. On the downside, below 0.8952 will target a test on 0.8886 support first. Break there will Read more…
Daily Pivots: (S1) 151.31; (P) 151.61; (R1) 152.02; More… Intraday bias in USD/JPY is turned neutral again with 4H MACD crossed below signal line. On the upside, decisive break of 151.93 resistance will confirm resumption Read more…
Daily Pivots: (S1) 1.3779; (P) 1.3805; (R1) 1.3834; More… Intraday bias in USD/CAD is turned neutral with 4H MACD crossed below signal line. While another rise might be seen, strong resistance could emerge from 1.3897 Read more…
UK payrolled employment rose 33k, or 0.1% mom in October. Over the year, payrolled employment rate 398k or 1.3% yoy. Median monthly pay rose 5.9% yoy, down from prior month’s 6.0% yoy. Claimant count rose Read more…
Market movers today US CPI for October is the highlight of this week in terms of data releases. We expect headline at 0.1 m/m and core at 0.3% m/m in line with consensus but with Read more…
Investors are on the edge of their seats, waiting for the latest scoop on US inflation data to take a fresh direction in both stock and bond markets. The dollar index remains offered, the US Read more…
DXY: The DXY chart currently has a bearish overall momentum, suggesting the potential for a bearish continuation towards the 1st support level. 1st support at 105.40 is identified as an overlap support, and it also Read more…