Month: February 2024

Daily Pivots: (S1) 1.2612; (P) 1.2661; (R1) 1.2710; More… GBP/USD bounces notably today but stays below 1.2708. Intraday bias remains neutral first. On the upside, break of 1.2708 resistance will indicate that correction from 1.2826 Read more…

As US session gets underway, Yen and Dollar remain the weakest links in the currency markets, reflecting a broader trend of risk appetite among investors. All eyes are now on whether the US stock market Read more…

ECB President Christine Lagarde described Q4 wage figures as “obviously encouraging numbers”. However, she underscored the importance of caution, stating that the Governing Council needs to gain “more confidence” in the sustainability of the disinflationary Read more…

The Euro is holding within a narrow range on Friday but keeps slight bullish bias on strong positive momentum and the pair being on track for the first bullish weekly close in five weeks. On Read more…