The EURUSD pair soared to the highest level since January 3 as investors reacted to mixed US non-farm payrolls (NFP) data. Data published on Friday revealed that the American economy added just 199k jobs in Read more…
Markets Friday’s trading session revolved around US payrolls and EMU inflation. The former showed below-consensus job creation but faster-than-expected wage increases (0.6% m/m). Armed with the separate, strong household survey (unemployment rate fell to 3.9%), Read more…
Daily Pivots: (S1) 156.81; (P) 157.00; (R1) 157.26; More… Intraday bias in GBP/JPY remains neutral as consolidation from 157.74 continues. Further rise is expected as long as 154.86 support holds. Decisive break of 158.19 high Read more…
Daily Pivots: (S1) 130.94; (P) 131.15; (R1) 131.47; More…. Intraday bias in EUR/JPY remains neutral for consolidation below 131.59 temporary top. But further rally is expected as long as 130.01 support holds. Whole consolidation from Read more…
Daily Pivots: (S1) 0.8341; (P) 0.8354; (R1) 0.8370; More… Intraday bias in EUR/GBP remains neutral and some more consolidation could be seen. But outlook will stay bearish as long as 0.8417 resistance holds. Break of Read more…
Daily Pivots: (S1) 1.5755; (P) 1.5804; (R1) 1.5868; More… Intraday bias in EUR/AUD remains neutral first. On the downside, break of 1.5559 will resume the fall from 1.6168 to retest 1.5250/5354 support zone. On the Read more…
Daily Pivots: (S1) 1.0409; (P) 1.0430; (R1) 1.0455; More…. Intraday bias in EUR/CHF remains on the upside at this point. Rebound from 1.0324 short term bottom would target 55 day EMA (now at 1.0472). Sustained Read more…
Market sentiment is mixed following the unnerving jobs data revealed in the US last Friday. Much lower-than-expected NFP print, and higher wages has been an explosive cocktail for the Federal Reserve (Fed) hawks, as not Read more…
Market movers today Today, focus is on Scandi data releases with Danish and Norwegian CPI inflation prints and the monthly Swedish GDP indicator due out, see in the Nordic macro section below. In the euro Read more…
The conflicting hodgepodge of US employment data released on Friday night hasn’t given Asia much in the way of themes to hang their hats on today, complicated by a Japanese holiday reducing liquidity. An underlying Read more…