Cruise passengers live in tight quarters where contact with other passengers can’t be avoided. Yes, some people still wear masks on cruise ships, and cleaning protocols have been greatly enhanced, but that has not eradicated Read more…
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The pressure on risk assets on 31 December and 2 January, including a 1.5% rise in the dollar over the period, has not prevented Gold from strengthening. Although the market amplitude is still rather unimpressive, Read more…
Richmond Fed President Thomas Barkin expressed a cautiously optimistic outlook during remarks today, highlighting economic growth upside while noting inflation risks tied to labor market strength. “How economic policy uncertainty resolves will matter. But, with Read more…
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Canadian and U.S. job market reports for December on Friday will mark the first major data releases of the year ahead of interest rate decisions later in the month for both the Bank of Canada Read more…
The ISM Manufacturing Index firmed to 49.3 in December from 48.4 last month, and ahead of the step back to 48.2 expected. The deceleration in the manufacturing sector slowed again, as a broader segment of Read more…
Daily Pivots: (S1) 1.0203; (P) 1.0289; (R1) 1.0353;More… Intraday bias in EUR/USD remains neutral for the moment. Fall from 1.1213 is in progress to 1.0199 fibonacci level. Decisive break there will solidify the case of Read more…
Daily Pivots: (S1) 1.2309; (P) 1.2425; (R1) 1.2497; More… GBP/USD’s fall is still in progress and intraday bias remains neutral. Decline from 1.3433 should target 1.2256/98 cluster support zone. Strong support is expected there to Read more…
Daily Pivots: (S1) 156.69; (P) 157.27; (R1) 158.10; More… No change in USD/JPY’s outlook as consolidation continues in tight range below 158.06. While another retreat cannot be ruled out, outlook will stay bullish as long Read more…