Market German bunds heavily underperformed US Treasuries yesterday. Yields jumped between 4.6 and 6.4 bps in a response to ECB board member Schnabel’s interview with the Financial Times. The influential policymaker isn’t so sure anymore Read more…
In focus today Large data prints are due in Denmark. We receive consumer confidence data for February. We expect confidence to rise to -11, which still indicates a negative view of the Danish economy among Read more…
Daily Pivots: (S1) 190.00; (P) 191.11; (R1) 191.76; More… Intraday bias in GBP/JPY is now mildly on the downside as fall from 193.04 accelerates lower. Break of 187.04 support will extend the fall from 19979 Read more…
Daily Pivots: (S1) 157.36; (P) 158.24; (R1) 158.77; More… Intraday bias in EUR/JPY is back on the downside as fall from 161.17 accelerates lower. Break of 155.72 support will be a strong sign that whole Read more…
Daily Pivots: (S1) 0.8271; (P) 0.8291; (R1) 0.8300; More… Intraday bias in EUR/GBP stays on the downside for the moment. Fall from 0.8472 is in progress for retesting 0.8221 low. On the upside, above 0.8308 Read more…
Daily Pivots: (S1) 1.6395; (P) 1.6430; (R1) 1.6462; More… EUR/AUD’s break of 1.6391 support invalidated the original view. Corrective pattern from 1.6800 is still in progress and extending. Intraday bias is back on the downside Read more…
Daily Pivots: (S1) 0.9409; (P) 0.9432; (R1) 0.9451; More…. Intraday bias in EUR/CHF stays neutral as range trading continues below 0.9516. On the downside, break of 0.9359 support will revive the case that choppy rise Read more…
Daily Pivots: (S1) 1.4195; (P) 1.4220; (R1) 1.4266; More… USD/CAD is staying in consolidations above 1.4150 temporary low and intraday bias remains neutral. Deeper decline is expected as long as 1.4378 resistance holds. Fall from Read more…
Daily Pivots: (S1) 0.6331; (P) 0.6351; (R1) 0.6364; More… Intraday bias in AUD/USD remains neutral for the moment. Rebound from 0.6087 is seen as a correction to the fall from 0.6941. In case of another Read more…
Daily Pivots: (S1) 1.0395; (P) 1.0428; (R1) 1.0455; More… Current price actions in EUR/USD are seen as part of the consolidation pattern from 1.0176. Intraday bias stays neutral at this point. Stronger rebound might be Read more…