Fed Preview: One More Hike – Cuts Still Far Away We expect the Fed to deliver a final 25bp hike next week and then maintain the Fed Funds rate at 5.00-5.25% for the remainder of the year. Powell is unlikely to close the door for further hikes, but even with nominal rates on hold, we […]
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Daily Pivots: (S1) 0.6336; (P) 0.6373; (R1) 0.6393; More… Intraday bias in AUD/USD stays neutral for the moment. On the downside, firm break of 0.6327 support will suggest that the corrective rebound from 0.6087 has Read more…
Daily Pivots: (S1) 1.4183; (P) 1.4210; (R1) 1.4251; More… Intraday bias in USD/CAD remains neutral and more consolidations could be seen above 1.4150. Further decline is expected with 1.4378 resistance intact. Fall from 1.4791 is Read more…
Daily Pivots: (S1) 0.9370; (P) 0.9403; (R1) 0.9425; More…. Intraday bias in EUR/CHF stays neutral as range trading continues. On the downside, firm break of 0.9359 will revive the case that choppy rise from 0.9204 Read more…