US PPI for final demand rose 0.3% mom in July, above expectation of 0.2% mom. PPI services rose 0.5% mom while PPI goods edged up 0.1% mom. PPI ex-food, energy, and trade services rose 0.2% Read more…
The British pound is slightly higher earlier on Friday. In the European session, GBP/USD is trading at 1.2706, up 0.24%. UK GDP surprises to the upside The week wrapped up on a high note in Read more…
The British pound is slightly higher earlier on Friday. In the European session, GBP/USD is trading at 1.2706, up 0.24%. UK GDP surprises to the upside The week wrapped up on a high note in Read more…
The British pound is slightly higher earlier on Friday. In the European session, GBP/USD is trading at 1.2706, up 0.24%. UK GDP surprises to the upside The week wrapped up on a high note in Read more…
Daily Pivots: (S1) 0.8637; (P) 0.8651; (R1) 0.8678; More… Intraday bias in EUR/GBP remains neutral as sideway trading is extending. On the downside, below 0.8543 will target a test on 0.8502 low. Decisive break there Read more…
GBPJPY is trading higher again today, registering its fifth consecutive green candle. The bears tried to take advantage of the July 28 events, but the bulls quickly took control of the market and never looked Read more…
Daily Pivots: (S1) 1.2624; (P) 1.2721; (R1) 1.2773; More… GBP/USD recovers mildly today but stays in range above 1.2618. Intraday bias stays neutral at this point. On the downside, below 1.2618, and sustained trading below Read more…
Addressing the House of Representatives Standing Committee on Economics today, outgoing RBA Governor, Philip Lowe Lowe stated that the purpose behind the pauses in July and August was “to provide time to assess the impact Read more…
Addressing the House of Representatives Standing Committee on Economics today, outgoing RBA Governor, Philip Lowe Lowe stated that the purpose behind the pauses in July and August was “to provide time to assess the impact Read more…
Addressing the House of Representatives Standing Committee on Economics today, outgoing RBA Governor, Philip Lowe Lowe stated that the purpose behind the pauses in July and August was “to provide time to assess the impact Read more…