SNB holds rates but strengthens intervention stance, aiming to cap CHF gains as energy-driven inflation rises only temporarily. The central bank kept its policy rate unchanged at 0.00%, as widely expected, but sharpened its language Read more…
The Swiss National Bank is leaving the SNB policy rate unchanged at 0%. Banks’ sight deposits held at the SNB will be remunerated at the SNB policy rate up to a certain threshold. The discount Read more…
Daily Pivots: (S1) 211.66; (P) 212.19; (R1) 212.49; More… GBP/JPY’s outlook is unchanged that rebound from 207.20 could have completed with three waves up to 213.28. Below 210.78 will target 209.15 support first. Firm break Read more…
Daily Pivots: (S1) 182.78; (P) 183.30; (R1) 183.65; More… EUR/JPY weakens sharply today but stays in established range. Intraday bias remains neutral at this point. On the downside, below 181.85 will target 180.78 support. Decisive Read more…
Daily Pivots: (S1) 0.8627; (P) 0.8640; (R1) 0.8652; More… EUR/GBP is still bounded in sideway trading and intraday bias stays neutral. Further decline is expected as long as 55 D EMA (now at 0.8686) holds. Read more…
Daily Pivots: (S1) 1.6230; (P) 1.6275; (R1) 1.6351; More… EUR/AUD is still bounded in established range above 1.6125 and intraday bias stays neutral. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 Read more…
Daily Pivots: (S1) 0.9055; (P) 0.9080; (R1) 0.9108; More…. EUR/CHF breached 0.9092 support turned resistance but failed to sustain above it. Intraday bias stays neutral first and further decline is still mildly in favor. On Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal If you’re spending your downtime being Read more…
Markets Yesterday saw a new escalation in attacks on oil infrastructure in the Middle East with a sharp rise in energy prices that dominated global markets. Iran attacked Qatar’s Ras Laffan gas infrastructure after Israël Read more…
Daily Pivots: (S1) 1.3699; (P) 1.3719; (R1) 1.3752; More… No change in USD/CAD’s outlook and intraday bias remains neutral. On the upside, firm break of 1.3751 resistance will suggest that stronger rebound is underway, and Read more…