In an op-ed published today, ECB Governing Council member Peter Kazimir addressed market expectations for two additional rate cuts before the end of the year. He stated that while these market bets are “not entirely misplaced,” they should not be considered a “given or a baseline scenario.” Kazimir highlighted that inflation is “on track” to […]
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Daily Pivots: (S1) 194.10; (P) 194.68; (R1) 195.78; More… Intraday bias in GBP/JPY stays neutral at this point. On the upside break of 195.95 will resume whole rise from 180.00 to 61.8% retracement of 208.09 Read more…
Daily Pivots: (S1) 162.67; (P) 163.07; (R1) 163.75; More…. Intraday bias in EUR/JPY is still neutral at this point. On the upside, break of 163.47 resistance will resume the rebound from 154.40 to 61.8% retracement Read more…
Daily Pivots: (S1) 0.8361; (P) 0.8375; (R1) 0.8383; More… Intraday bias in EUR/GBP remains neutral for the moment. Outlook also stays bearish. On the downside, break of 0.8309 will resume larger down trend to 0.8201 Read more…