Daily Pivots: (S1) 1.7529; (P) 1.7578; (R1) 1.7634; More… No change in EUR/AUD’s outlook and intraday bias remains neutral. On the upside, firm break of 1.7628 resistance will suggest that fall from 1.8554 as completed Read more…
Daily Pivots: (S1) 0.9344; (P) 0.9367; (R1) 0.9398; More…. Intraday bias in EUR/CHF stays neutral as sideway trading continues. Price actions from 0.9218 are seen as either a corrective move or the third leg of Read more…
Daily Pivots: (S1) 1.3745; (P) 1.3791; (R1) 1.3859; More… Intraday bias in USD/CAD remains neutral for consolidations above 1.3685 temporary low. Upside should be limited well below 1.4014 resistance to bring another fall. Break of Read more…
Daily Pivots: (S1) 0.6417; (P) 0.6460; (R1) 0.6484; More… Intraday bias in AUD/USD remains neutral and further rally is expected as long as 0.6406 support holds. Break of 0.6536 will resume whole rally from 0.5913. Read more…
Daily Pivots: (S1) 1.1299; (P) 1.1353; (R1) 1.1382; More… Intraday bias in EUR/USD remains neutral and further rise is still in favor as long as 1.1255 support holds. Above 1.1417 will bring retest of 1.1572 Read more…
Daily Pivots: (S1) 1.3476; (P) 1.3531; (R1) 1.3563; More… Intraday bias in GBP/USD remains neutral and more consolidations could be seen. Further rise is expected as long as 1.3389 minor support holds. On the upside, Read more…
Dollar’s broad-based rebound gained further momentum in Asian session today. The turnaround in risk appetite has been key in lifting the greenback, which had come under pressure amid recent tariff tensions and soft economic signals. Read more…
First pass suggests an upside risk to our June quarter CPI estimate of 0.8%qtr (2.2%yr) but a more modest upside risk to our Trimmed Mean estimate of 0.6%qtr (2.7%yr). The Monthly CPI Indicator gained 2.4% Read more…
Key Highlights Bitcoin started a major increase above the $105,000 resistance and traded to a new all-time high. BTC/USD is trading above a connecting bullish trend line with support at $108,000 on the 4-hour chart. Read more…
RBNZ lowered the Official Cash Rate by 25 basis points to 3.25%, in line with market expectations. The decision was not unanimous, passed by a 5-1 vote. The central bank emphasized that inflation is now Read more…