Daily Pivots: (S1) 169.72; (P) 170.11; (R1) 170.64; More… Intraday bias in EUR/JPY remains on the upside for 61.8% projection of 164.01 to 169.38 from 167.31 at 170.62, and then 171.58 high. On the downside, Read more…
Daily Pivots: (S1) 0.9894; (P) 0.9911; (R1) 0.9939; More…. Intraday bias in EUR/CHF is now on the upside this week as recent rally continues. Current rise from 0.9252 should target 100% projection of 0.9304 to Read more…
Trading has been characteristically subdued in the Monday’s Asian session. Japanese Yen is have a broad but weak recovery, with no clear indication of a reversal from its recent selloff. Australian and New Zealand Dollars Read more…
We had a roller-coaster month of May in terms of central bank expectations. The month began with the Federal Reserve’s (Fed) decision to hold the interest rates steady, and Jerome Powell saying that the Fed’s Read more…
In an interview with the Financial Times, ECB Chief Economist Philip Lane indicated that, barring major surprises, there is sufficient evidence to “remove the top level of restriction” in June, suggesting an initial reduction in Read more…
In a speech today, BoJ Deputy Governor Shinichi Uchida expressed optimism that the end of Japan’s long battle against deflation is “in sight.” However, he emphasized that there remains a “big challenge” in anchoring inflation Read more…
Remember MoviePass, the unlimited movie theater ticket subscription service? It was founded in 2011 but didn’t rise to mainstream prominence until 2017, when a New York-based analytics and consulting company called Helios & Matheson purchased Read more…
In a speech today, BoJ Governor Kazuo Ueda reiterated the central bank’s commitment to achieving sustainable and stable 2% inflation. He acknowledged the progress made in “moving away from zero” and “lifting inflation expectations,” but Read more…
Key Highlights EUR/USD is showing positive signs above the 1.0800 support. It is eyeing an upside break above the 1.0880 resistance on the 4-hour chart. Gold price took a hit and declined below $2,350. GBP/USD Read more…
Brent Crude oil reversed from strong support level 81.00 Likely to rise to resistance level 84.3 Brent Crude oil recently reversed up from the support area located between the strong support level 81.00, which has Read more…