Daily Pivots: (S1) 0.6172; (P) 0.6209; (R1) 0.6229; More… Intraday bias in AUD/USD is back on the downside with breach of 0.6198 support. Fall from 0.6941 is resuming for 0.6169 long term support, and then 138.2% projection of 0.6941 to 0.6511 from 0.6687 at 0.6074. However, considering bullish convergence condition in 4H MACD, break of […]
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Markets The partial absence of US investors due to a national day of mourning for ex-president Carter and the empty economic calendar kept markets squarely focused on the UK. Gilt yields gapped another 12 bps Read more…
In the absence of the US, the UK sat on the headlines yesterday, with its debt drama. Everyone threw in what he or she thought about what today’s situation reminded them. The discussions went from Read more…
In focus today The most important data release of the day will be the US December Jobs Report. We expect nonfarm payrolls growth to slow down to +170k (from +227k), see unemployment rate steady at Read more…