Daily Pivots: (S1) 1.6180; (P) 1.6238; (R1) 1.6291; More… Intraday bias in EUR/AUD stays on the downside for retesting 1.6125 low. Decisive break there will confirm resumption of whole down trend from 1.8554. For now, Read more…
Daily Pivots: (S1) 0.9137; (P) 0.9158; (R1) 0.9170; More…. EUR/CHF is still defending 0.9155 cluster support (38.2% retracement of 0.8979 to 0.9264 at 0.9155) support and intraday bias remains neutral. On the upside, above 0.9177 Read more…
Key takeaways Gold rebounded on easing geopolitical tensions: Gold (XAU/USD) surged 3% as optimism over a potential US–Iran peace deal reduced stagflation fears and increased expectations that the Fed could eventually pivot toward rate cuts, Read more…
Markets Stock markets surged yesterday in response to the Axios scoop that suggested the US and Iran were nearing a deal, regardless of the ensuing contradictory statements from both warring parties. The EuroStoxx50 added 2.7% Read more…
Optimism over no further escalation turned into euphoria yesterday on news that a peace proposal is on the table that could end the war in Iran. The headlines have not flipped yet this morning — Read more…
In focus today In Norway, we expect Norges Bank to raise the policy rate by 25bp to 4.25%. The March meeting indicated a rate hike was likely at one of the forthcoming monetary policy meetings, Read more…
Daily Pivots: (S1) 1.1693; (P) 1.1746; (R1) 1.1801; More…. Range trading continues in EUR/USD and intraday bias remains neutral. With 1.1642 support intact, rise from 1.1408 is expected to continue. On the upside, firm break Read more…
Dave Ramsey, the radio host and best-selling author who has helped millions of Americans tackle debt, has repeatedly told listeners that retirees can withdraw 8% of their savings each year without running out of money. Read more…
Daily Pivots: (S1) 0.7185; (P) 0.7231; (R1) 0.7284; More… Intraday bias in AUD/USD remains on the upside at this point. Current rally should target 61.8% projection of 0.6420 to 0.7187 from 0.6832 at 0.7306. On Read more…
Global markets are throwing a full-scale “peace party.” Equities are surging relentlessly, risk appetite is exploding higher, and investors are increasingly behaving as though the Middle East crisis is already moving toward resolution. But beneath Read more…