Daily Pivots: (S1) 1.4816; (P) 1.4866; (R1) 1.4912; More… Intraday bias in EUR/AUD is back on the downside as fall from 1.5277 is resuming. Deeper decline should be seen to 1.4597 support. Firm break there Read more…
Daily Pivots: (S1) 1.0327; (P) 1.0360; (R1) 1.0411; More…. EUR/CHF’s break of 1.0349 minor resistance suggests that pull back from 1.0513 has completed at 1.0216 already. More importantly, the development indicates that whole rebound from Read more…
Markets Last week’s sell-off in core bond markets simply continued at the start of the new one. The main move occurred around the start of US dealings without firm trigger. US Treasuries underperformed German Bunds. Read more…
The RBA didn’t hold back and opted for a 50-bps hike at today’s meeting, which is a first since February 2000. Asian Indices: Australia’s ASX 200 index fell by -108.6 points (-1.51%) and currently trades Read more…
US yields were on the move last night, with the curve from the 5-year to 30-year tenor now all above three per cent. That was enough to crimp the perpetual FOMO bulls of the stock Read more…
Risk appetite wanes as the US 10-year yield stretches above the 3% psychological mark. The US stock indices failed to extend gains on Monday, as Friday’s strong jobs report ruled out the expectations that the Read more…
Market movers today In the euro area, we get the Sentix investor confidence number for June, which is expected to decline modestly, after the sharp setback seen after the Russian invasion of Ukraine in February. Read more…
Daily Pivots: (S1) 1.0669; (P) 1.0711 (R1) 1.0737; More… Intraday bias in EUR/USD remains neutral for the moment. On the downside, break of 1.0626 minor support will indicate rejection by 55 day EMA, and turn Read more…
Daily Pivots: (S1) 1.2479; (P) 1.2528; (R1) 1.2580; More… Intraday bias in GBP/USD remains neutral for the moment. On the downside, break of 1.2457 minor support will suggest that rebound from 1.2154 has completed. Intraday Read more…
Daily Pivots: (S1) 0.9637; (P) 0.9675; (R1) 0.9745; More… Intraday bias in USD/CHF remains neutral first with focus on 0.9763 minor resistance. Break there will suggest that the pull back from 1.0063 has completed. Bias Read more…