Daily Pivots: (S1) 0.9687; (P) 0.9704; (R1) 0.9729; More…. Intraday bias in EUR/CHF is turned neutral with 4H MACD crossed above signal line. Strong support is still expected from 38.2% retracement of 0.9252 to 0.9928 at 0.9670 to bring rebound. Break of 0.9740 minor resistance will turn intraday bias back to the upside. Nevertheless, sustained […]
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In a speech today, ECB Vice President Luis de Guindos acknowledged that Eurozone growth was weaker than expected in Q2, leading to a downward revision in the growth outlook for the region. He added that Read more…
BoJ Governor Kazuo Ueda reaffirmed today that Japan’s economy is expected to sustain a moderate recovery, which should support underlying inflation in converging toward 2% target over the coming years. However, Ueda did not repeat Read more…
Eurozone’s unemployment rate was unchanged at 6.4% in August, aligning with market expectations. Meanwhile, EU unemployment rate fell slightly from 6.0% to 5.9%. The report estimates that 13.027m people in EU, including 10.925m in Eurozone, Read more…