Q2 U.S. GDP came in at 2.4% (annualized rate), up from a 2% growth in the prior quarter. Much of that growth was driven by consumer spending, and non-residential investment. Consumer spending growth slowed, but Read more…
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The 20-day moving average has capped further upside in the USD/JPY so far since last Friday, 21 July. BoJ will release its monetary policy decision and latest quarterly outlook report tomorrow, 28 July. The consensus Read more…
Daily Pivots: (S1) 0.9532; (P) 0.9547; (R1) 0.9559; More… EUR/CHF’s decline continues today and intraday bias stays on the downside for 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. Firm break there will Read more…
Daily Pivots: (S1) 0.9532; (P) 0.9547; (R1) 0.9559; More… EUR/CHF’s decline continues today and intraday bias stays on the downside for 100% projection of 0.9995 to 0.9670 from 0.9840 at 0.9515. Firm break there will Read more…
Daily Pivots: (S1) 155.09; (P) 155.54; (R1) 155.93; More…. Intraday bias in EUR/JPY is mildly on the downside as fall from 158.03 is trying to extend lower. But downside should be contained by 153.32 support Read more…
Germany Gfk Consumer Sentiment for August improved from -25.2 to -24.4, slightly above expectation of -24.7. In July, Economic Expectations was unchanged at 3.7. Income Expectations rose from -10.6 to -5.1. Propensity to buy ticked Read more…
Germany Gfk Consumer Sentiment for August improved from -25.2 to -24.4, slightly above expectation of -24.7. In July, Economic Expectations was unchanged at 3.7. Income Expectations rose from -10.6 to -5.1. Propensity to buy ticked Read more…
DXY: The DXY instrument is currently showing a bearish overall momentum. It’s predicted that the price could potentially make a bearish reaction off the 1st resistance and drop to the 1st support level. The 1st Read more…
Australia’s Q2 Export Price Index registered -8.5% qoq drop, the most substantial quarterly decline since Q3 2009. Concurrently, the index declined -11.2% yoy compared to the same quarter last year. On the flip side, Import Read more…