Market movers today In the UK, September inflation figures are released. We expect headline to increase by 0.2p.p to 10.1% yoy which would be 0.2 p.p above Bank of England’s (BoE) latest inflation forecast. We see a slightly smaller increase in core inflation to 6.4% yoy (from 6.3%). Markets are currently pricing in 300bp hikes […]
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Daily Pivots: (S1) 1.1488; (P) 1.1518; (R1) 1.1570; More…. EUR/USD is still staying in consolidations above 1.1408 and intraday bias remains neutral. Further decline is expected as long as 1.1666 resistance holds. Below 1.1408 will Read more…
Daily Pivots: (S1) 1.3215; (P) 1.3295; (R1) 1.3339; More… Intraday bias in GBP/USD remains neutral for the moment and more consolidations could be seen above 1.3216. But risk will stay on the downside as long Read more…
Daily Pivots: (S1) 0.7867; (P) 0.7903; (R1) 0.7967; More…. Intraday bias in USD/CHF remains on the upside for the moment. The current rally is seen as correcting whole down trend from 0.9200. Next target is Read more…