Canada to release retail sales today, GDP on Friday US GDP expected to confirm estimate 5.2% gain The Canadian dollar is slightly higher on Thursday. In the European session, USD/CAD is trading at 1.3324, down Read more…
In an interview with 20 Minutos, ECB Vice President Luis de Guindos emphasized that it is “too early” to discuss rate cuts, despite recent favorable data. He stressed that the data available are still insufficient Read more…
BoJ keeps policy ultra-loose, does not hint at change Friday’s data may reveal slowdown in inflation Wage negotiations key for exiting negative rates Next week’s Summary of Opinions also in focus Yen traders turn attention Read more…
WTI crude attempts to surpass 74.00 Immediate resistance near 200-day SMA Stochastic looks overbought WTI crude oil futures are battling with the 74.00 round number, within a downward sloping channel that has been drawn since Read more…
Daily Pivots: (S1) 1.0920; (P) 1.0953; (R1) 1.0975; More… Intraday bias in EUR/USD remains neutral as consolidation from 1.1008 is still extending. Further rally is expected as long as 1.0722 support holds. On the upside, Read more…
Daily Pivots: (S1) 143.18; (P) 143.64; (R1) 144.02; More… Intraday bias in USD/JPY stays neutral for the moment, as consolidation from 140.94 is extending. Upside of current recovery should be limited below 156.48 resistance to Read more…
Daily Pivots: (S1) 1.2596; (P) 1.2667; (R1) 1.2710; More… Intraday bias in GBP/USD remains neutral for the moment as consolidation from 1.2793 is extending. While sideway trading could extend, further rally is still expected as Read more…
Daily Pivots: (S1) 0.8599; (P) 0.8625; (R1) 0.8654; More…. Further decline is expected in USD/CHF as long as 0.8710 resistance holds. Current fall from 0.9243 is in progress for retesting 0.8551 key support next. On Read more…
Daily Pivots: (S1) 0.6710; (P) 0.6744; (R1) 0.6765; More… Further rally is in favor in AUD/USD as long as 0.6689 support holds. Rise from 0.6269 would target 0.6894 resistance first. Sustained break there will target Read more…
Daily Pivots: (S1) 1.3330; (P) 1.3350; (R1) 1.3388; More… Further decline is expected in USD/CAD as long as 1.3408 minor resistance holds. Fall from 1.3897 would target a retest on 1.3091 support. Nevertheless, break of Read more…