Daily Pivots: (S1) 0.9317; (P) 0.9378; (R1) 0.9430; More… Intraday bias in USD/CHF stays on the downside as fall from 1.0146 is in progress. Next target is 61.8% projection of 1.0146 to 0.9355 from 0.9545 at 0.9056. On the upside, however, break of 0.9545 will indicate short term bottoming, and turn bias back to the […]
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Markets This morning, (Asian) markets were ‘unsettled’ as US president-elect Trump via his ‘Truth’ social network announced additional tariffs on Canada and Mexico (25%) as he assesses they don’t do enough to stop what he Read more…
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US Conference Board Consumer Confidence Index increased to 111.7 in November, up from 109.6 in October, though slightly below the expected 112.0. Present Situation Index, which reflects consumers’ views on current economic conditions, saw a Read more…