Luis de Guindos, Vice-President of ECB, in speech today, indicated that the “rapid pace of disinflation” observed in 2023 is likely to “slow down” in the coming year, with a “pause” early in the year, Read more…
Data today from the Australian Bureau of Statistics on Wednesday showed the monthly consumer price index (CPI) rose 4.3% year-on-year in November, the slowest pace since January 2022. Value a month earlier = 4.9%. Market Read more…
EUR/USD started a fresh decline below the 1.0980 support. USD/CHF is rising and might aim a move toward the 0.8620 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the Read more…
Markets Bond supply stood in the center of attention yesterday. Belgium and Italy kicked off in Europe. Both received bumper investor interest, the former for a new 10-year OLO benchmark and the latter for a Read more…
Daily Pivots: (S1) 182.94; (P) 183.45; (R1) 184.15; More… Intraday bias in GBP/JPY stays neutral this point. On the upside, sustained break of 184.15 resistance will argue that whole pull back from 188.63 has completed Read more…
Daily Pivots: (S1) 157.42; (P) 157.73; (R1) 158.24; More… Intraday bias in EUR/JPY stays neutral at this point, and further rally is in favor with 155.06 support intact. On the upside, above 158.97 will resume Read more…
Daily Pivots: (S1) 0.8586; (P) 0.8597; (R1) 0.8612; More… Intraday bias in EUR/GBP is turned neutral with current recovery, but further decline is in favor with 0.8638 minor resistance intact. On the downside, break of Read more…
Daily Pivots: (S1) 1.6297; (P) 1.6331; (R1) 1.6382; More… Intraday bias in EUR/AUD is turned neutral first. But risk will stay on the upside as long as 1.6127 support holds. Above 1.6398 will resume the Read more…
Daily Pivots: (S1) 0.9290; (P) 0.9306; (R1) 0.9332; More… Intraday bias in EUR/CHF stays neutral as consolidation from 0.9252 is still extending. While another recovery cannot be ruled out, outlook will stay bearish as long Read more…
Daily Pivots: (S1) 1.3349; (P) 1.3382; (R1) 1.3423; More… Further rise remains in favor in USD/CAD, and rebound from 1.3176 would target 38.2% retracement of 1.3897 to 1.3176 at 1.3451. Firm break there will pave Read more…