Daily Pivots: (S1) 0.6416; (P) 0.6442; (R1) 0.6461; More… Intraday bias in AUD/USD stays on the downside for the moment. Firm break of 0.6418 support will resume the whole corrective fall form 0.6624. Next target Read more…
Market activity cooled notably in Asian session today, with major currency pairs and crosses confined to tight ranges. The cautious mood reflects investor focus on the Jackson Hole Symposium, which begins today. The gathering of Read more…
The bullish cycle in Silver (XAGUSD), initiated from the April 2025 low, continues to unfold as an impulse pattern. Starting from that low, wave (1) peaked at 33.68, followed by a corrective dip in wave Read more…
In focus today The spotlight is on the Kansas City Fed’s annual Jackson Hole economic policy symposium which begins today. This year’s theme will be “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”. On Read more…
Japan’s flash PMI data for August showed momentum improving, with the composite index rising slightly from 51.6 to 51.9. Manufacturing posted a surprise recovery, with output climbing back into expansion at 50.5 from 47.6, while Read more…
Australia’s private sector gained momentum in August, with both manufacturing and services showing stronger growth. Manufacturing PMI climbed to 52.9 from 51.3, while Services PMI improved to 55.1 from 54.1. As a result, Composite PMI Read more…
New Zealand’s trade balance flipped back into deficit in July, with imports outpacing exports despite solid overseas demand. Goods exports climbed 10% yoy to NZD 6.7 billion, but imports rose 2.6% yoy to NZD 7.3 Read more…
Key Highlights GBP/USD seems to be forming a double top pattern at 1.3590. A declining channel is forming with resistance at 1.3510 on the 4-hour chart. Bitcoin declined below the $118,500 and $115,500 support levels. Read more…
FOMC minutes from July 29–30 meeting showed that while two members, Governor Christopher Waller and Michelle Bowman, dissented in favor of a rate cut, they remained isolated within the Committee. “Almost all participants” judged it Read more…
July 29–30, 2025 A joint meeting of the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held in the offices of the Board of Governors on Tuesday, July Read more…