Daily Pivots: (S1) 1.3443; (P) 1.3545; (R1) 1.3680; More…. Intraday bias in USD/CAD stays on the upside at this point. Correction form 1.3976 should have completed at 1.3224. Next target is 161.8% projection of 1.3224 to 1.3494 from 1.3315 at 1.3752. This will now remain the favored case as long as 1.3315 support holds, in […]
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Daily Pivots: (S1) 0.8877; (P) 0.8918; (R1) 0.8983; More… Intraday bias in USD/CHF is turned neutral first with current dip and some consolidations could be seen first. But outlook will will stay bullish as long Read more…
Dollar traded broadly lower in Asian session as markets reacted to President-elect Donald Trump’s appointment of Scott Bessent, a seasoned fund manager, as Treasury Secretary. Bessent’s stance aligns with Trump’s policies on tariffs, though his Read more…
New Zealand’s goods exports increased by 7.5% yoy in October, reaching NZD 5.8B, while total goods imports rose by 3.0% yoy to NZD 7.3B. This resulted in a trade deficit of NZD -1.54B, which, although Read more…