Eurozone CPI rose from 1.7% yoy to 2.0% yoy in October, above expectation of 1.9% yoy. CPI core (energy, food, alcohol & tobacco) was unchanged at 2.7% yoy, above expectation of 2.6% yoy. Looking at Read more…
Check back for updates throughout the trading day U.S. equity futures moved firmly lower in early Thursday trading, dragged down by losses for megacap tech stocks, as investors worked through another round of earnings from Read more…
Navigating the complex waves of the financial markets requires an astute understanding of various economic indicators. Among them, the nonfarm payroll report stands out as a pivotal monthly metric that can significantly sway financial markets. Read more…
AUDUSD is trading sideways, a tad above 0.6547 The downtrend from the September 30 high remains in place Momentum indicators are mostly bearish AUDUSD is trading sideways today, a tad above 0.6547. The bearish trend Read more…
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Following BoJ’s decision to maintain its current interest rate, Governor Kazuo Ueda said at the press conference that the central bank has “no preset idea” on the timing of its next rate increase. He added Read more…
Daily Pivots: (S1) 1.0814; (P) 1.0842; (R1) 1.0885; More… Intraday bias in EUR/USD remains neutral first, and further decline is expected with 1.0871 resistance intact. On the downside, break of 1.0760 will resume the fall Read more…
Daily Pivots: (S1) 152.80; (P) 153.33; (R1) 153.92; More… Intraday bias in USD/JPY remains neutral as consolidation from 153.87 is still extending. Deeper retreat cannot be ruled out but further rally is expected as long Read more…
Daily Pivots: (S1) 1.2919; (P) 1.2981; (R1) 1.3025; More… GBP/USD is still bounded in consolidation above 1.2906 and intraday bias remains neutral. Further decline is expected as long as 1.3070 minor resistance holds. Below 1.2906 Read more…
Daily Pivots: (S1) 0.8646; (P) 0.8672; (R1) 0.8700; More… Intraday bias in USD/CHF remains neutral as consolidation continues below 0.8699 temporary top. Further rally remains in favor as long as 55 D EMA (now at Read more…