Daily Pivots: (S1) 0.9032; (P) 0.9084; (R1) 0.9156; More…. Intraday bias in USD/CHF remains neutral as consolidation from 0.9151 is extending. Further rally is expected as long as 0.8996 support holds. Break of 0.9151 will Read more…
Daily Pivots: (S1) 1.3714; (P) 1.3760; (R1) 1.3795; More… Intraday bias in USD/CAD stays neutral at this point. Pull back from 1.3845 could extend lower, but downside should be contained by 1.3660 support to bring Read more…
Daily Pivots: (S1) 0.6376; (P) 0.6404; (R1) 0.6447; More… Intraday bias in AUD/USD remains neutral as consolidation from 0.6361 is extending. Upside of recovery should be limited by 0.6480 support turned resistance to bring another Read more…
Commodity currencies rises broadly in Asian session today, buoyed by slight improvement in risk sentiment after a relatively quiet weekend in the Middle East. This contrasted with the performance of typically safe-haven assets such as Read more…
Copper’s up trend resumed last week and accelerated significantly higher. The move was primarily driven by imposition of new trade sanctions by the UK and US, targeting Russian exports of key metals including aluminium, copper, Read more…
ECB Governing Council member Francois Villeroy de Galhau, in a discussion with Les Echos, stressed that increase in oil prices due to conflicts in the Middle East would not trigger a “mechanical” policy shift. Instead, Read more…
In an interview with SRF, SNB Chairman Thomas Jordan stressed the critical issues of sluggish growth and the need for structural reforms. He underscored the importance of enhancing productivity to bolster economic growth across nations. Read more…
GBPUSD broke key support level 1.2535 Likely to fall to support level 1.2335 GBPUSD currency pair continues to fall strongly after breaking the key support level 1.2535, which has been steadily reversing the price from Read more…
Many people dream of leaving their jobs and making the decision to retire early. Personal finance coach Dave Ramsey says it’s possible and that people considering the dramatic move should evaluate a few factors — including their Read more…