Daily Pivots: (S1) 0.8319; (P) 0.8329; (R1) 0.8335; More… Intraday bias in EUR/GBP is turned neutral with current recovery. On the upside, firm break of 0.8370 resistance will indicate short term bottoming at 0.8309. Intraday bias will be turned back to the upside for 0.8399/8463 resistance zone. On the downside, firm break of 0.8309 will […]
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The NZD/USD pair continues its downward trend, dropping to 0.6240 in its third consecutive session of declines. This ongoing sell-off in the New Zealand dollar is driven by market expectations of an upcoming interest rate Read more…
Eurozone PPI rose by 0.6% mom in August, exceeding expectations of 0.3% mom. On a year-over-year basis, however, PPI fell by -2.3% yoy, slightly better than the anticipated -2.4% yoy decline. Breaking down the monthly Read more…
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