Swiss inflation accelerated on a monthly basis in February, with CPI rising 0.6% mom, slightly above the expected 0.5%. Core CPI, which excludes fresh and seasonal products, energy, and fuel, increased by 0.7% mom. The Read more…
Daily Pivots: (S1) 189.36; (P) 190.57; (R1) 192.89; More… No change in GBP/JPY’s outlook as range trading continues. O the upside, fir break of 193.04 will resume the rebound from 187.04 to 194.73 resistance, and Read more…
Daily Pivots: (S1) 156.79; (P) 158.00; (R1) 160.41; More… EUR/JPY’s rebound from 154.77 resumed and break of 158.45 indicates short term bottoming. Intraday bias is back on the upside. Sustained break of 55 D EMA Read more…
Daily Pivots: (S1) 0.8268; (P) 0.8287; (R1) 0.8323; More… A short term bottom is in place in EUR/GBP with break of 0.8239 resistance. Intraday bias is back on the upside for 38.2% retracement of 0.8472 Read more…
Daily Pivots: (S1) 1.6855; (P) 1.6929; (R1) 1.7016; More… Intraday bias in EUR/AUD remains on the upside for the moment. Current rise from 1.5963 should target 100% projection of 1.5963 to 1.6800 from 1.6355 at Read more…
Daily Pivots: (S1) 0.9381; (P) 0.9417; (R1) 0.9489; More…. Range trading continues in EUR/CHF and intraday bias stays neutral. On the upside, firm break of 0.95167 will resume the rebound from 0.9204 and target 100% Read more…
Markets German Chancellor-to-be Merz vowed to do “whatever it takes” to fend off threats to freedom and peace in Europe. In a reference to ECB Draghi’s 2012 speech that turned the tide in the EMU Read more…
Trump’s tariffs went live yesterday, sending global markets—including the US indices—tumbling, until rumours of a potential rollback started circulating. High volatility is driving investors toward safe havens like bonds and gold, while the Trump-fueled rally Read more…
In focus today In the euro area, we receive final services PMI. The flash estimates fell to the lowest level in three months, to 50.7 and undercutting market expectations of 51.5. The market expectation is Read more…
Daily Pivots: (S1) 1.4330; (P) 1.4437; (R1) 1.4503; More… Intraday bias in USD/CAD is turned neutral first with current retreat. Further rally will remain in favor as long as 55 4H EMA (now at 1.4367 Read more…