Check back for updates throughout the trading day U.S. equity futures nudged higher Thursday, while the dollar gave back recent gains against its global peers, as investors crept back into global risk markets following a Read more…
During a European Parliament hearing today, ECB Vice President Luis de Guindos stated that ECB has been “crystal clear” on its conditional guidance regarding interest rate cut. “If things continue as they have been evolving Read more…
WTI oil futures complete bearish triangle pattern after Wednesday’s drop Bullish pressures could still resurface as long as the price holds above 81.50 WTI oil futures tumbled by 2.8% to 82.84 on Wednesday, experiencing one Read more…
WTI oil price dips further in early Thursday, in extension of previous day’s 3% drop (the second biggest daily loss in 2024) and hit new three-week low. Stronger than expected rise in US crude inventories Read more…
Daily Pivots: (S1) 191.70; (P) 192.27; (R1) 192.86; More.. Range trading continues in GBP/JPY and intraday bias stays neutral. On the upside, break of 193.51 will resume larger up trend to 195.86 long term resistance. Read more…
Daily Pivots: (S1) 164.20; (P) 164.51; (R1) 165.08; More… Intraday bias in EUR/JPY stays neutral for the moment. On the upside, firm break of 165.33 will resume larger up trend towards 169.96 key resistance next. Read more…
Daily Pivots: (S1) 0.8536; (P) 0.8554; (R1) 0.8587; More… EUR/GBP dipped to 0.8519 but quickly recovered. Intraday bias remains neutral first. On the downside, firm break of 0.8529 support will argue that the corrective recovery Read more…
Daily Pivots: (S1) 1.6548; (P) 1.6574; (R1) 1.6612; More… Intraday bias in EUR/AUD is turned neutral with current retreat and some consolidations would be seen. Further rally is mildly in favor. Above 1.6616 will resume Read more…
Daily Pivots: (S1) 0.9692; (P) 0.9706; (R1) 0.9736; More… Intraday bias in EUR/CHF is turned neutral first with current recovery. While correction from 0.9847 could extend lower, downside should be contained by 38.2% retracement of Read more…
Markets In a session deprived of key data, yields and the USD yesterday faced a correction on recent rise. Markets concluded that, without new data evidence on strong US demand or sticky inflation, enough Fed Read more…