August’s ZEW Economic Sentiment Index for Germany showed an unexpected improvement, moving from -14.7 to -12.3, beating forecasted -15. However, the Current Situation index took a hit, declining sharply from -59.5 to -71.3—its lowest since Read more…
Daily Pivots: (S1) 183.84; (P) 184.29; (R1) 185.12; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should extend to 61.8% projection of 158.24 to 183.99 from 176.29 at Read more…
Daily Pivots: (S1) 183.84; (P) 184.29; (R1) 185.12; More… GBP/JPY’s rally continues today and intraday bias stays on the upside. Current up trend should extend to 61.8% projection of 158.24 to 183.99 from 176.29 at Read more…
Daily Pivots: (S1) 144.94; (P) 145.26; (R1) 145.86; More… USD/JPY’s rally is in progress and intraday bias stays on the upside. Current rise form 127.20 is in progress for 61.8% projection of 129.62 to 145.06 Read more…
Daily Pivots: (S1) 144.94; (P) 145.26; (R1) 145.86; More… USD/JPY’s rally is in progress and intraday bias stays on the upside. Current rise form 127.20 is in progress for 61.8% projection of 129.62 to 145.06 Read more…
Daily Pivots: (S1) 0.6460; (P) 0.6482; (R1) 0.6509; More… AUD/USD recovered quickly after breaching 0.6457 support briefly. Intraday bias is turned neutral first with 4H MACD crossed above signal line. on the downside, decisive break Read more…
Daily Pivots: (S1) 0.6460; (P) 0.6482; (R1) 0.6509; More… AUD/USD recovered quickly after breaching 0.6457 support briefly. Intraday bias is turned neutral first with 4H MACD crossed above signal line. on the downside, decisive break Read more…
Hybrid – 1 August 2023 Members participating Philip Lowe (Governor and Chair), Michele Bullock (Deputy Governor), Mark Barnaba AM, Ian Harper AO, Carolyn Hewson AO, Steven Kennedy PSM, Iain Ross AO, Carol Schwartz AO, Alison Read more…
With investors significantly lowering their implied Bank of England rate path following the slowdown in June’s inflation numbers and the 25bps hike at the Bank’s latest meeting, the spotlight will now turn to the UK Read more…