Month: August 2025

In focus today In the US, focus will be on the July CPI report. We forecast headline inflation at 0.2% m/m SA (prior: 0.3% m/m), and core inflation slightly higher at 0.3% m/m SA (prior: Read more…

Daily Pivots: (S1) 0.6500; (P) 0.6514; (R1) 0.6528; More… AUD/USD lost momentum after rebounding to 0.6540 and intraday bias is turned neutral first. Price actions from 0.6624 are seen as a corrective pattern. Above 0.6540 Read more…

Daily Pivots: (S1) 1.3750; (P) 1.3773; (R1) 1.3801; More… No change in USD/CAD’s outlook and intraday bias stays neutral. On the downside, break of 1.3720 will reaffirm the case that corrective pattern from 1.3538 has Read more…

Daily Pivots: (S1) 1.1578; (P) 1.1628; (R1) 1.1665; More… EUR/USD is staying in range trading below 1.1698 and intraday bias stays neutral. Outlook is unchanged that correction from 1.1829 should have completed with three waves Read more…

Daily Pivots: (S1) 1.3396; (P) 1.3436; (R1) 1.3473; More… GBP/USD is staying in consolidations below 1.3476 and intraday bias remains neutral. Further is expected as long as 1.3344 minor support holds. Correction from 1.3787 should Read more…

Daily Pivots: (S1) 0.8079; (P) 0.8106; (R1) 0.8150; More…. USD/CHF rebounded after drawing support from 55 4H EMA a few times, but stays below 0.8170 resistance. Intraday bias remains neutral first. ON the upside, firm Read more…

Daily Pivots: (S1) 147.58; (P) 147.91; (R1) 148.48; More… USD/JPY’s extended rebound and break of 148.07 resistance suggests that pullback from 150.90 has completed at 146.61 already. Intraday bias is back on the upside for Read more…

Yen slumped further across the board in Asia as Japanese stocks surged, with the Nikkei charging to all-time highs after the holiday break. Optimism in Tokyo is being driven by expectations that more listed companies Read more…

RBA lowered the cash rate by 25bps to 3.60% as widely expected, with the decision passed on a unanimous vote. The new forecasts signaled room for one more cut this year, two in 2026, and Read more…

At its meeting today, the Board decided to lower the cash rate target by 25 basis points to 3.60 per cent. Inflation has continued to moderate. Inflation has fallen substantially since the peak in 2022, Read more…