In focus today In the US, 2nd estimate of Q4 GDP will be released in the afternoon. The flash release showed GDP growth cooling to 2.3%, but with private consumption growth remaining solid. Several Fed speeches are also scheduled for today, including ones from Hammack, Harker, Barkin and Schmid. In the euro area, we look […]
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Daily Pivots: (S1) 1.4297; (P) 1.4333; (R1) 1.4372; More… USD/CAD’s break of 1.4378 resistance suggests that corrective pullback from 1.4791 has already completed at 1.4150. Intraday bias is back on the upside for retesting 1.4791 Read more…
Daily Pivots: (S1) 148.52; (P) 149.20; (R1) 149.78; More…. Intraday bias in USD/JPY is turned neutral first, but further fall is in favor with 150.92 support turned resistance intact. Current fall from 158.86 is seen Read more…
Daily Pivots: (S1) 0.8920; (P) 0.8943; (R1) 0.8969; More… Intraday bias in USD/CHF stays neutral at this point. On the upside, firm break of 0.9053 resistance will suggest that corrective pattern from 0.9200 has already Read more…