In focus today The delayed US September CPI is set to be released at 14:30 CET. We forecast headline CPI at 3.1% y/y from 2.9% and core CPI inflation at 3.1% y/y from 3.1%. We see risks skewed towards a higher reading but think the bar for the Fed skipping its planned rate cut on […]
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Strong US employment figures were not enough to prevent the dollar from falling. Geopolitics and risk appetite remain the key drivers. The US dollar came under pressure from sellers on Friday, and a strong labour Read more…
Daily Pivots: (S1) 0.7746; (P) 0.7777; (R1) 0.7793; More…. Intraday bias in USD/CHF remains neutral for consolidations above 0.7760. On the downside, decisive break of 61.8% projection of 0.8041 to 0.7774 from 0.7923 at 0.7758 Read more…
Daily Pivots: (S1) 156.41; (P) 156.69; (R1) 156.97; More… Intraday bias in USD/JPY stays neutral and outlook is unchanged. On the downside, break of 155.01 will resume the fall from 160.71 to 152.25 support next. Read more…