EUR/CHF retreated sharply after rising to 0.9434 and intraday bias is turned neutral again. Some consolidations would be seen first. But outlook will stay bullish as long as 0.9304 support holds. Above 0.9434 will extend Read more…
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The euro and pound continue to decline, approaching important support levels amid a stronger US dollar. Further moves in EUR/USD and GBP/USD will depend on incoming macroeconomic data, particularly developments in the US labour market. Read more…
Markets The protracted uptrend in yields initially continued yesterday, but lost some traction as the session proceeded. Eco data were few. The US ADP report (38k job growth) was close to expectations. The initial rise Read more…
Swiss inflation accelerated more sharply than expected in August, with headline CPI rising from 0.4% to 0.8% y/y, above 0.5% consensus. On monthly basis, CPI swung from -0.1% to +0.4% m/m, compared with expectations for Read more…
NZDCAD : ⬇️ Sell – NZDCAD reversed from resistance zone – Likely to fall to support level 0.8050 NZDCAD currency pair recently reversed from the resistance zone between the multi-month resistance level 0.8258 (which has Read more…
In focus today US final services PMIs for August are due. The August flash release increased markedly for the second month in a row to the highest level since December 2024. The details pointed to Read more…
GBPUSD: ⬇️ Sell – GBPUSD reversed from resistance zone – Likely to fall to support level 1.3435 GBPUSD currency pair recently reversed from the resistance zone between the resistance level 1.3650 (which has been reversing Read more…
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TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal While a laptop computer is perfect Read more…