Month: May 2025

Daily Pivots: (S1) 1.3354; (P) 1.3375; (R1) 1.3414; More… Intraday bias in GBP/USD remains on the upside. Decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Next near term target will Read more…

Daily Pivots: (S1) 143.89; (P) 144.70; (R1) 145.31; More… USD/JPY’s break of 144.02 support now argues that rebound from 139.87 has completed as a correction to 148.64. Intraday bias is back on the downside for Read more…

Daily Pivots: (S1) 0.8256; (P) 0.8309; (R1) 0.8337; More…. USD/CHF’s downside accelerations suggests that corrective recovery from 0.8038 has already completed with three waves up to 0.8475. Intraday bias is back on the downside, and Read more…

Dollar came under broad selling pressure in Asian session, with fresh technical signals suggesting that the near-term recovery has already run its course. Also, the selloff appears to be gathering pace on a range of Read more…

Australia’s Westpac Leading Index slowed from 0.5% to 0.2% in April, signaling a loss in growth momentum. According to Westpac, the above-trend growth seen earlier this year has “all but disappeared,” primarily due to rising Read more…

.Japan’s export growth slowed to just 2.0% yoy in April, marking the weakest pace since October 2024. Notably, shipments to the US fell -1.8% yoy — the first decline in four months — as demand Read more…

Atlanta Fed President Raphael Bostic warned that the economic effects of recent tariffs may be set to emerge more visibly, as businesses begin to exhaust their earlier stockpiling and “front-running” strategies. Speaking on the sidelines Read more…

St. Louis Fed President Alberto Musalem cautioned that even with the 90-day trade truce between the US and China, the current level of tariffs could still have “significant” short-term effects on the economy. In a Read more…