Markets In a not that distant past EMU (equity) markets often were dominated by caution/reluctance, awaiting guidance from the US. Especially risk-on moves mostly originated from the US. This isn’t how things are working out Read more…
Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs Read more…
In focus today Today, we will receive inflation figures for Germany, France, and Spain. These country-specific data serve as valuable indicators for next week’s euro area inflation, offering insights into the potential direction of overall Read more…
The UK economy shrank by -0.1% mom in January, falling short of market expectations for a modest 0.1% expansion. The decline was primarily driven by weakness in the production sector, which saw output fall by Read more…
Daily Pivots: (S1) 190.68; (P) 191.51; (R1) 192.29; More… Intraday bias in GBP/JPY stays neutral as range trading continues. On the upside, firm break of 193.09 will resume the rebound from 187.04 to 194.73 resistance, Read more…
Daily Pivots: (S1) 159.80; (P) 160.68; (R1) 161.30; More… Intraday bias in EUR/JPY remains neutral for consolidations below 162.34. Further rise is expected as long as 158.87 support holds. Above 162.34 will resume the rise Read more…
Daily Pivots: (S1) 0.8366; (P) 0.8387; (R1) 0.8401; More… Intraday bias in EUR/GBP remains neutral for consolidations below 0.8448. Further rise is expected as long as 0.8358 support holds. Above 0.8448 will target 0.8472 resistance. Read more…
Daily Pivots: (S1) 1.7204; (P) 1.7256; (R1) 1.7323; More… Intraday bias in EUR/AUD remains neutral for consolidations below 1.7417. Downside of retreat should be contained by 0.6990 support to bring rebound. Meanwhile, break of 1.7417 Read more…
Daily Pivots: (S1) 0.9549; (P) 0.9586; (R1) 0.9607; More…. Intraday bias in EUR/CHF remains neutral for consolidations below 0.9648. Further rally is expected as long as 0.9489 support holds. On the upside, firm break of Read more…
Daily Pivots: (S1) 1.0818; (P) 1.0857; (R1) 1.0892; More… Intraday bias in EUR/USD remains neutral for consolidations below 1.0946. Deeper retreat might be seen towards 55 4H EMA (now at 1.0772). But strong support should Read more…