Daily Pivots: (S1) 1.7175; (P) 1.7271; (R1) 1.7321; More… Intraday bias in EUR/AUD is turned neutral with current retreat. Some consolidations should be seen first. But downside should be contained by 0.6990 support to bring rebound. Meanwhile, break of 1.7417 will resume rise from 1.6335 to 161.8% projection of 1.5963 to 1.6800 from 1.6355 at […]
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Markets In a not that distant past EMU (equity) markets often were dominated by caution/reluctance, awaiting guidance from the US. Especially risk-on moves mostly originated from the US. This isn’t how things are working out Read more…
Yesterday brought yet another escalation in the trade war. This time, Trump was reportedly totally annoyed that the Europeans responded to his 25% steel and aluminium tariffs rather than backing down and slapped 200% tariffs Read more…
In focus today Today, we will receive inflation figures for Germany, France, and Spain. These country-specific data serve as valuable indicators for next week’s euro area inflation, offering insights into the potential direction of overall Read more…