EUR/USD edged higher on Monday after earlier declines, reaching 1.1516. The US dollar continues to draw support from safe-haven demand amid the ongoing Middle East conflict, which has now entered its fifth week with no Read more…
Your bank account has never been more vulnerable than it is right now, according to alarming new data from federal regulators who track financial crimes. The Federal Trade Commission just released its annual fraud report, Read more…
Daily Pivots: (S1) 212.15; (P) 212.65; (R1) 213.08; More… GBP/JPY falls notably today but stays above 210.77 support. Intraday bias remains neutral first. on the upside, above 213.28/9 resistance will resume the rise from 207.20 Read more…
Daily Pivots: (S1) 184.00; (P) 184.34; (R1) 184.81; More… EUR/JPY falls notably today but stays above 183.17 minor support. Intraday bias remains neutral first. On the upside, break of 184.75 will resume the rise from Read more…
Daily Pivots: (S1) 0.8637; (P) 0.8650; (R1) 0.8664; More… Intraday bias in EUR/GBP is mildly on the upside as rebound from 0.8610 resumes. Sustained trading above 55 D EMA (now at 0.8680) will confirm short Read more…
Daily Pivots: (S1) 1.6651; (P) 1.6706; (R1) 1.6796; More… Intraday bias in EUR/AUD stays on the upside at this point. Rebound from 1.6125 short term bottom is still in progress. Sustained break of 55 D Read more…
Switzerland’s KOF Economic Barometer fell sharply from 103.8 to 96.1 in March, missing expectations of 100.6 and pointing to a notable deterioration in growth momentum. The decline reflects a broad-based slowdown, with both production and Read more…
We now expect RBA to hike in June and August as well as May, given the longer Middle East conflict and early signs of strong second-round pass-through from fuel to other prices. We have revised Read more…
The Australian dollar finally breached the key 0.6890/6900 support area late last week, and while downside momentum hasn’t accelerated meaningfully through this level, it is trading heavy. Four weeks of conflict are forcing a harder Read more…
