According to Eurostat’s preliminary estimate, eurozone inflation slowed to 5.3% year-on-year in July. This is the lowest rate since January 2022 and aligns with analysts’ expectations. The core index stood at 5.5%, above the headline Read more…
According to Eurostat’s preliminary estimate, eurozone inflation slowed to 5.3% year-on-year in July. This is the lowest rate since January 2022 and aligns with analysts’ expectations. The core index stood at 5.5%, above the headline Read more…
According to Eurostat’s preliminary estimate, eurozone inflation slowed to 5.3% year-on-year in July. This is the lowest rate since January 2022 and aligns with analysts’ expectations. The core index stood at 5.5%, above the headline Read more…
USDJPY is retesting the 142 – 143 resistance zone as a larger 3-3-5 regular A-B-C flat correction, where wave C can be already in final stages. So, still watch out for strong bears, especially if Read more…
Daily Pivots: (S1) 0.8665; (P) 0.8701; (R1) 0.8740; More…. USD/CHF’s rebound from 0.8551 is in progress, and intraday bias stays on the upside for further rise. But strong resistance could be seen from 0.8818 support Read more…
Commodity currencies are trading generally higher today on mildly positive market sentiment. Australian Dollar is the stronger one among them, ahead of RBA’s rate decision tomorrow. Opinions on whether RBA would hike by 25bps next Read more…
On the hourly chart of AUD/USD at FXOpen, the pair gained bearish momentum below the 0.6720 zone. The Aussie Dollar entered a bearish zone after breaking below the 0.6680 support level. The pair even settled Read more…
Eurozone GDP grew 0.3% qoq in Q2, above expectation of 0.2% qoq. EU GDP was flat at 0.0% qoq. Among the Member States for which data are available, Ireland (+3.3%) recorded the highest increase compared Read more…
Eurozone GDP grew 0.3% qoq in Q2, above expectation of 0.2% qoq. EU GDP was flat at 0.0% qoq. Among the Member States for which data are available, Ireland (+3.3%) recorded the highest increase compared Read more…
Daily Pivots: (S1) 139.10; (P) 140.14; (R1) 142.21; More… Break of 141.93 resistance confirms resumption of rebound from 137.22 in USD/JPY. Intraday bias is back on the upside for retesting 145.06 first. Firm break there Read more…