Markets Its going from bad to worse with the EMU economy. According to the Flash PMI, activity contracted in September for the first time since February. The headline composite index slipped from 51 to 48.9 Read more…
Preliminary Eurozone PMI estimates sent the EURUSD down 0.67% over the hour, as they were much weaker than expected and increased pressure on the ECB to continue easing monetary policy. This is not the first Read more…
US PMI Manufacturing fell from 47.9 to 47.0, marking a 15-month low. PMI Services slipped slightly from 55.7 to 55.4, while Composite PMI edged down from 54.6 to 54.4, indicating continued economic growth but at Read more…
Few airports have been through as much in recent months as Seattle-Tacoma International (SEA). At the end of August a cyberattack that targeted a number of the airport’s computer and processing systems sowed chaos on Read more…
Daily Pivots: (S1) 1.1139; (P) 1.1161; (R1) 1.1185; More…. EUR/USD falls notably today but stays in range above 1.1001 support. Intraday bias remains neutral and further rally is expected. On the upside, above 1.1200 will Read more…
Daily Pivots: (S1) 1.3278; (P) 1.3309; (R1) 1.3354; More… Intraday bias in GBP/USD stays on the upside for 61.8% projection of 1.2664 to 1.3265 from 1.3000 at 1.3371. Firm break there will pave the way Read more…
Daily Pivots: (S1) 0.8465; (P) 0.8491; (R1) 0.8530; More… Range trading continues in USD/CHF and intraday bias remains neutral. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Read more…
Daily Pivots: (S1) 142.28; (P) 143.39; (R1) 145.03; More… No change in USD/JPY’s outlook and intraday bias stays mildly on the upside. Rebound from 139.57 short term bottom should extend to 38.2% retracement of 161.94 Read more…
Daily Pivots: (S1) 1.6363; (P) 1.6396; (R1) 1.6435; More… Intraday bias in EUR/AUD is back on the downside with break of 1.6315 temporary low. Further break of 1.6256 will resume whole decline from 1.7180 to Read more…
Daily Pivots: (S1) 0.8367; (P) 0.8390; (R1) 0.8403; More… EUR/GBP’s decline accelerates to as low as 0.8344 so far and intraday bias stays on the downside for 61.8% projection of 0.8624 to 0.8399 from 0.8463 Read more…