Daily Pivots: (S1) 0.9317; (P) 0.9378; (R1) 0.9430; More… Intraday bias in USD/CHF stays on the downside first and outlook is unchanged. Current fall from 1.0146 will target 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 […]
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Media release The Monetary Policy Committee today agreed to reduce the Official Cash Rate by 50 basis points to 4.25 percent. Annual consumer price inflation has declined and is now close to the midpoint of Read more…
Australia’s monthly CPI was unchanged at 2.1% yoy in October, below expectations of a rise to 2.5% yoy. This marks the lowest annual inflation rate since July 2021. Core inflation metrics presented mixed signals, with Read more…
Key Highlights WTI Crude Oil prices are struggling to clear the $71.20 resistance zone. A connecting bearish trend line is forming with resistance at $70.90 on the 4-hour chart. Bitcoin corrected gains and traded below Read more…