The Australian dollar has posted slight gains on Thursday. In the European session, AUD/USD is up 0.16%, trading at 0.6684 at the time of writing. Australia’s inflation expectations dip to 4.4% Australia’s consumer inflation expectations Read more…
Daily Pivots: (S1) 1.0991; (P) 1.1023; (R1) 1.1044; More…. Intraday bias in EUR/USD stays neutral despite current mild recovery. Focus stays on 38.2% retracement of 1.0665 to 1.1200 at 1.0996. Strong rebound from there will Read more…
Euro made a modest recovery following ECB’s decision to cut deposit rate by 25bps, a move widely anticipated by the markets. The rate cut, decided unanimously, brings the deposit rate to 3.75%. During her post-meeting Read more…
Daily Pivots: (S1) 1.2993; (P) 1.3052; (R1) 1.3103; More… Intraday bias in GBP/USD stays mildly on the downside at hits point. Fall from 1.3265 short term top is in progress for 55 D EMA (now Read more…
Daily Pivots: (S1) 0.8453; (P) 0.8491; (R1) 0.8561; More… Focus remains on 0.8536 resistance in USD/CHF. Rejection by this resistance will retain near term bearishness. Break of 0.8374 will resume the fall from 0.9223 to Read more…
Daily Pivots: (S1) 141.20; (P) 141.87; (R1) 143.04; More… USD/JPY is staying in consolidation above 140.70 temporary low and intraday bias remains neutral at this point. Outlook will remain bearish as long as 147.20 resistance Read more…
Some rules get broken on cruise ships because enforcing them would cause too much of a fuss. Allowing passengers to wear shorts in the main dining room, for example, is simply easier than sending them Read more…
US PPI rose 0.2% mom in August, matched expectations. PPI services rose 0.4% mom while PPI goods was unchanged. PPI less foods, energy, and trade services rose 0.3% mom. For the 12 month period, PPI Read more…