Market sentiment remains dominated by escalating geopolitical tensions in Europe, which are dampening the euro’s outlook and fuelling demand for traditional safe-haven assets, notably the US dollar. The dollar’s strength is further underpinned by the Read more…
Finding support at 6-month lows of around $56.40 per barrel, WTI has rallied just shy of 8.6% in the last three sessions alone. Currently trading at $62.04, up 4.10% in yesterday’s session, recent performance marks Read more…
Daily Pivots: (S1) 202.19; (P) 202.73; (R1) 203.53; More… Intraday bias in GBP/JPY remains on the upside for retesting 205.30. Firm break there will resume larger rally to 61.8% projection of 184.35 to 199.96 from Read more…
Daily Pivots: (S1) 176.58; (P) 177.01; (R1) 177.72; More… Intraday bias in EUR/JPY remains on the upside for retesting 177.91. Firm break there will resume larger up trend to 61.8% projection of 161.06 to 173.87 Read more…
Daily Pivots: (S1) 0.8692; (P) 0.8707; (R1) 0.8732; More… Range trading continues in EUR/GBP and intraday bias stays neutral. On the downside, break of 0.8654 will resume the fall from 0.8750 to 0.8631 support. Decisive Read more…
Daily Pivots: (S1) 1.7792; (P) 1.7848; (R1) 1.7897; More… EUR/AUD breached 1.7818 support but quickly recovered. Intraday bias stays neutral first. On the upside, above 1.7965 will turn bias back to the upside for retesting Read more…
Daily Pivots: (S1) 0.9231; (P) 0.9242; (R1) 0.9250; More…. EUR/CHF is staying in consolidations above 0.9208 and intraday bias remains neutral. Outlook will remain bearish as long as 0.9311 support turned resistance holds. On the Read more…
Markets Different market segments to some extent again focused on different markets themes/drivers. Core yields showed tentative signs of bottoming yesterday, after a protracted decline throughout most of this month. A jump in oil prices Read more…
UK retail activity surprised to the upside in September, with sales volumes rising 0.5% mom, defying expectations of a -0.2% mom decline. The gain marked the fourth consecutive monthly increase, lifting total sales to their Read more…
Trade tensions between the US and China eased — after flaring up, easing and flaring up again over recent weeks — on news that Trump and Xi will meet next Thursday at a summit in Read more…