Daily Pivots: (S1) 1.5682; (P) 1.5752; (R1) 1.5844; More… Intraday bias remains neutral and outlook is unchanged in EUR/AUD. Further fall is expected as long as 1.5898 resistance holds. On the downside, break of 1.5559 will resume the fall from 1.6168 to retest 1.5354 low. However, break of 1.5898 will turn bias back to the […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…