Daily Pivots: (S1) 0.8446; (P) 0.8480; (R1) 0.8512; More… Intraday bias in USD/CHF stays neutral as range trading continues. On the downside, break of 0.8374 will resume the fall from 0.9223 to retest 0.8332 low. Decisive break there will indicate larger down trend resumption. However, considering bullish convergence condition in 4H MACD, break of 0.8548 […]
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In a speech today, BoE MPC member Catherine Mann emphasized the importance of a cautious approach to easing monetary policy, stating that it’s preferable to remain restrictive longer amid inflation uncertainties. She argued that “a Read more…
In an interview with Expresso, ECB Vice President Luis de Guindos reaffirmed the central bank’s cautious approach regarding rate cuts in the upcoming meetings. He stressed that ECB remains “fully committed” to a data-dependent strategy, Read more…
The AUD/USD pair has climbed to a new peak, reaching 0.6815, marking the highest level since 28 December of the previous year. This strength in the Australian dollar is partly due to the aggressive rate Read more…