Daily Pivots: (S1) 1.2436; (P) 1.2473; (R1) 1.2524; More… Intraday bias in GBP/USD remains neutral at this point. On the downside, firm break of 1.2434 will confirm short term topping at 1.2678, on bearish divergence Read more…
NZD/USD attempts to rebound The New Zealand dollar grinds higher thanks to an uptick in the market’s risk appetite. The kiwi has retraced most of the recent gains from its late April rally. The RSI’s Read more…
DXY: The DXY (US Dollar Index) chart currently indicates bearish momentum, suggesting the potential for further downward movement. In the near term, there is a possibility of a bearish continuation towards the first support level Read more…
DXY: The DXY (US Dollar Index) chart currently indicates bearish momentum, suggesting the potential for further downward movement. In the near term, there is a possibility of a bearish continuation towards the first support level Read more…
Australia employment contracted -4.3k in April, much worse than expectation of 25k growth. Full time job decreased -27.1k while part-time jobs rose 22.8k. Unemployment rate rose from 3.5% to 3.7%, above expectation of being unchanged Read more…
BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…