Daily Pivots: (S1) 1.0857; (P) 1.0881; (R1) 1.0897; More… Intraday bias in EUR/USD remain son the downside for the moment as fall from 1.0980 is in progress. Sustained trading below 55 D EMA (now at Read more…
Headline CPI inflation moved slightly lower in February to 2.8% year-on-year (y/y), against expectations for an uptick. Softer inflation at grocery stores was part of the story in February. Grocery price increases cooled from 3.4% Read more…
Daily Pivots: (S1) 1.3519; (P) 1.3536; (R1) 1.3550; More… USD/CAD’s break of 1.3605 resistance suggests that whole rise from 1.3176 is resuming. Intraday bias is back on the upside for 61.8% projection of 1.3176 to Read more…
Canadian Dollar falls sharply in early US session, triggered by an unexpected decline in Canada’s headline CPI and a more significant than anticipated slowdown in core inflation measures. This trend of disinflation is likely to Read more…
To hear Jensen Huang describe what he sees ahead for artificial intelligence and Nvidia (NVDA) is something so vast that computing and how we use it will never be the same. Huang, the founder and Read more…
Canada’s CPI decelerated in February, registering an increase of 2.8% yoy, which fell short of anticipated 3.1% yoy. This slowdown from January’s 2.9% yoy offers a glimmer of relief as inflationary pressures show signs of Read more…
USDJPY was sharply higher (up almost 1%) after BOJ’s major shift, though the message from the central bank was seen as dovish on signals that future policy tightening will be moderate, which will keep the Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower Tuesday, while the dollar extended gains against its global peers and Treasury yields steadied, as investors looked to the start of the Read more…
ECB Vice President Luis de Guindos emphasized the bank’s expectation of having “far more data” by June, which will be crucial for evaluating the appropriateness of a rate reduction. De Guindos also noted the current Read more…
German ZEW Economic Sentiment rose sharply from 19.9 to 31.7 in March , well above expectation of 21.0. Current Situation Index ticked up slightly from -81.7 to -80.5, below expectation of -80.0. Eurozone ZEW Economic Read more…