The US stock markets continue to struggle with investor sentiment hurt by several factors ranging from the ongoing situation in Ukraine, to surging inflationary pressures around the and policy tightening from the Fed. While Wall Street attempted a recovery after the minutes of the FOMC’s January meeting were released last night, the gains proved to […]
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Markets Core bond yields yesterday staged a further (forceful) bear steepening heading into the Fed, BoC, BoE and ECB policy meetings scheduled today and tomorrow. Markets are growing ever more convinced that a prolonged stalemate Read more…
Daily Pivots: (S1) 1.1684; (P) 1.1706; (R1) 1.1735; More…. Intraday bias in EUR/USD remains neutral for the moment. Further rally is expected with 1.1662 support intact. On the upside, sustained trading above 61.8% retracement of Read more…
Daily Pivots: (S1) 159.12; (P) 159.45; (R1) 159.95; More… Intraday bias in USD/JPY remains neutral as consolidation continues below 160.45. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at Read more…