ECB Governing Council member Pierre Wunsch expressed today that he is “very comfortable” with rate cut in June. He also anticipates that at least two rates cuts this year, “barring any bad news”. However, Wunsch was careful to temper expectations regarding the pace of future rate cuts, particularly stressing that a reduction in rates in […]
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Daily Pivots: (S1) 1.0498; (P) 1.0543; (R1) 1.0612; More… EUR/USD is staying in range of 1.0330/0609 for now. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.0330 will Read more…
Daily Pivots: (S1) 1.2600; (P) 1.2647; (R1) 1.2728; More… GBP/USD is staying in range of 1.2486/2713. Intraday bias remains neutral and further decline is in favor. On the downside, break of 1.2486 will resume the Read more…
Daily Pivots: (S1) 0.8787; (P) 0.8831; (R1) 0.8863; More… USD/CHF is staying in range of 0.8800/8956. Intraday bias remains neutral and further rally is still in favor. On the upside, break of 0.8956 will resume Read more…