Daily Pivots: (S1) 0.7808; (P) 0.7830; (R1) 0.7867; More…. USD/CHF is staying inc consolidations above 0.7774 and intraday bias remains neutral. Stronger recovery might be seen but upside should be limited below 0.7933 resistance to Read more…
Daily Pivots: (S1) 1.3484; (P) 1.3511; (R1) 1.3529; More… GBP/USD is still extending consolidations from 1.3598 and intraday bias remains neutral. With 1.3379 support intact, further rise is favor. On the upside, sustained break of Read more…
Key takeaways False alarm-driven spike fades quickly: WTI crude surged 5% on unverified reports of an attack in Tehran but retraced most gains after confirmation it was a drill, highlighting headline-driven volatility amid a fragile Read more…
The US dollar is recovering after its previous decline, supported by ongoing uncertainty surrounding the geopolitical backdrop. Conflicting signals regarding negotiations between the US and Iran — including reports of a possible ceasefire extension alongside Read more…
Markets Oil prices grinded back above triple digit numbers yesterday with so far little progress seen in peace talks and traffic in the Hormuz Strait down to nearly zero as Iran is forcing its blockade Read more…
If you handed a market chart to an alien – any of the big ones, including US, European or tech-heavy Asian indices – they would barely guess that the world is being shaken by intense Read more…
In focus today In the euro area, the April flash PMI report is released, a key input ahead of the ECB meeting. We expect the manufacturing PMI to show a steep decline from 51.6 to Read more…
Daily Pivots: (S1) 1.1684; (P) 1.1724; (R1) 1.1745; More…. EUR/USD’s pullback from 1.1848 extends lower today but stays above 1.1662 support. Intraday bias remains on the upside and further rise is still in favor. On Read more…
The record equity rally is probably starting to lose momentum as oil prices push higher again and the US–Iran conflict expands beyond the Strait of Hormuz. Caution is already evident in Asia. After record closes Read more…
In today’s world more and more people over the age of 65 continue to work. Medicare, the health insurance program designed for older Americans and people with disabilities, can be complicated even under normal circumstances. Read more…