Month: June 2025

If you check your office calendar this week, you may be in for a pleasant surprise. It could be that there’s a day off in your very near future, thanks to the Juneteenth holiday. Juneteenth Read more…

Daily Pivots: (S1) 1.3388; (P) 1.3433; (R1) 1.3465; More… Intraday bias in GBP/USD remains on the downside at this point. Fall from 1.3631 short term top is in progress for 55 D EMA (now at Read more…

Daily Pivots: (S1) 0.8133; (P) 0.8153; (R1) 0.8184; More…. USD/CHF’s rebound from 0.8054 extended higher today but stays below 0.8247 resistance. Intraday bias remains neutral. On the upside, break of 0.8247 resistance will argue that Read more…

Daily Pivots: (S1) 0.6472; (P) 0.6505; (R1) 0.6542; More… Intraday bias in AUD/USD stays neutral first. On the downside, decisive break of 0.6455 support will indicate short term topping, with bearish divergence condition in 4H Read more…

Markets The Fed kept its policy rate unchanged yesterday at 4.25%-4.50% and sticks with its wait-and-see attitude. The current centerpiece holds: the price stability target is at bigger risk than the maximum employment target and Read more…

‘Someone has to pay,’ said Federal Reserve (Fed) Chair Jerome Powell at yesterday’s post-decision presser, after the Fed kept rates unchanged as widely expected – and priced in – by global markets. “Everyone that I Read more…

In focus today Central bank rate decisions are again in the spotlight with the Swiss National Bank (SNB) this morning followed by Norges Bank (NB) and the Bank of England (BoE). We expect the SNB Read more…

Daily Pivots: (S1) 1.3650; (P) 1.3677; (R1) 1.3718; More… USD/CAD’s rebound from 1.3538 extended higher, but stays below 1.3749 support turned resistance. Intraday bias remains neutral, and further decline is expected. On the downside, below Read more…

Dollar strengthened broadly in the wake of Fed’s policy decision overnight, although upside momentum remains measured. On the one hand, the updated dot plot maintained projection of two rate cuts in 2025. On the other Read more…