The dollar index remains constructive at the start of the week, following Friday’s jump on robust US November labor data. The greenback benefited from higher than expected US NFP and unemployment below consensus in November, Read more…
Japanese yen’s slide continues Markets walk back expectations of a change at BoJ December meeting US nonfarm payrolls rise to 199,000, better than expected The Japanese yen has started the week where it left off Read more…
Fed set to hold interest rates steady on Wednesday USD reaction will depend on rate projections for next year Latest US inflation report to be released on Tuesday ahead of Fed How many rate cuts Read more…
The final ECB rate-setting meeting for 2023 could hold surprises Market looks for rate-cut hints; extra focus on projections and overall rhetoric Decision will be announced on Thursday 12.15 GMT, press conference at 12:45 GMT Read more…
Daily Pivots: (S1) 180.22; (P) 181.14; (R1) 182.71; More… GBP/JPY’s recovery from 178.78 extends higher today but outlook is unchanged. Upside of recovery should be limited below 184.44 support turned resistance to bring another decline. Read more…
Daily Pivots: (S1) 154.54; (P) 155.32; (R1) 156.76; More.. EUR/JPY’s recovery from 153.15 extends higher today but outlook is unchanged. Upside should be limited below 158.36 minor resistance to bring another fall. On the downside, Read more…
Daily Pivots: (S1) 1.6305; (P) 1.6342; (R1) 1.6392; More… Intraday bias in EUR/AUD remains neutral for the moment, as consolidation from 1.6267 is extending. Outlook will stay bearish as long as 1.6515 resistance holds. On Read more…
Daily Pivots: (S1) 0.8564; (P) 0.8577; (R1) 0.8589; More…. Intraday bias in EUR/GBP remains neutral as consolidation from 0.8552 is extending. IN case of another recovery, upside should be limited below 0.8648 support turned resistance Read more…
Daily Pivots: (S1) 0.9443; (P) 0.9459; (R1) 0.9490; More… Intraday bias in EUR/CHF remains neutral for the moment and some consolidations would be seen above 0.9402 first. Further fall is expected as long as 0.9543 Read more…
Daily Pivots: (S1) 1.3552; (P) 1.3581; (R1) 1.3611; More… Intraday bias in USD/CAD remains neutral for the moment. On the downside, below 1.3479 will resume the corrective fall from 1.3897. But downside should be contained Read more…