Daily Pivots: (S1) 1.1104; (P) 1.1137 (R1) 1.1192; More… Intraday bias in EUR/USD remains on the upside at this point. Rise from 1.0805 is at least corrective the decline from 1.2265. Further rise would be seen to 38.2% retracement of 1.2265 to 1.0805 at 1.1363. For now, further rise will remain in favor as long […]
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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…