UK CPI was unchanged at 6.7% yoy in September, above expectation of slowing to 6.6% yoy. CPI core (excluding energy, food, alcohol and tobacco) slowed from 6.2% yoy to 6.1% yoy, above expectation of 6.0% Read more…
Market movers today UK September CPI is due for release this morning, consensus expects core inflation to continue moderating to 6.0% in y/y terms after the downside surprise in August. Final inflation data will also Read more…
Daily Pivots: (S1) 1.0541; (P) 1.0568; (R1) 1.0603; More… Intraday bias in EUR/USD remains neutral for the moment. Outlook stays bearish with 1.0639 resistance intact. On the downside, firm break of 1.0447 will resume whole Read more…
Daily Pivots: (S1) 1.2137; (P) 1.2178; (R1) 1.2222; More GBP/USD is still extending the consolidation form 1.2036 and intraday bias stays neutral. On the downside, decisive break of 1.2036 will resume whole decline from 1.3141 Read more…
Daily Pivots: (S1) 0.8985; (P) 0.9008; (R1) 0.9027; More…. Intraday bias in USD/CHF stays neutral and outlook is unchanged. On the upside, break of 0.9086 resistance will indicate that pull back from 0.9243 has completed, Read more…
Daily Pivots: (S1) 149.37; (P) 149.61; (R1) 150.05; More… Intraday bias in USD/JPY remains neutral as range trading continues. On the downside, below 148.24 minor support will turn bias to the downside for another down Read more…
Daily Pivots: (S1) 1.3589; (P) 1.3627; (R1) 1.3648; More…. Intraday bias in USD/CAD remains neutral for the moment. On the downside, break of 1.3568 will bring another falling leg to extend the near term corrective Read more…
Daily Pivots: (S1) 0.6339; (P) 0.6360; (R1) 0.6386; More… AUD/USD’s recovery continues today but stays below 0.6444 resistance. Intraday bias remains neutral and outlook stays bearish. On the downside, decisive break of 0.6284 will confirm Read more…
The Middle East sees a re-escalation in geopolitical tensions following a tragic strike on a Gaza hospital, leading to significant rise in both Oil and Gold prices. The effect of this development extends into Asian Read more…
Key Highlights Gold prices rallied significantly after the Israeli–Hamas war intensified. A connecting bullish trend line is forming with support near $1,895 on the 4-hour chart. Today, US President Joe Biden is scheduled to visit Read more…