In the absence of any bad news from the US banking sector, markets started the week off in a calm manner with yields edging higher. The US CPI print was markets’ key focus point this Read more…
In the absence of any bad news from the US banking sector, markets started the week off in a calm manner with yields edging higher. The US CPI print was markets’ key focus point this Read more…
In the absence of any bad news from the US banking sector, markets started the week off in a calm manner with yields edging higher. The US CPI print was markets’ key focus point this Read more…
In the absence of any bad news from the US banking sector, markets started the week off in a calm manner with yields edging higher. The US CPI print was markets’ key focus point this Read more…
Daily Pivots: (S1) 133.93; (P) 134.39; (R1) 135.02; More… Outlook in USD/JPY remains neutral for the moment. Further decline is in favor with 135.68 resistance intact. Fall from 137.76 is seen as the third leg Read more…
National Institute of Economic and Social Research (NIESR) forecasts a modest rebound in UK’s monthly GDP in April with growth of 0.3%, largely driven by services sector. However, this is viewed as a modest increment Read more…
The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish signal on eventual close below pivotal Fibo support at 1.0960 zone (23.6% retracement of 1.0516/1.1095 rally/daily Kijun-sen). Read more…
The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish signal on eventual close below pivotal Fibo support at 1.0960 zone (23.6% retracement of 1.0516/1.1095 rally/daily Kijun-sen). Read more…
The Euro remains at the back foot in early Friday following 0.6% drop on Thursday, which generated bearish signal on eventual close below pivotal Fibo support at 1.0960 zone (23.6% retracement of 1.0516/1.1095 rally/daily Kijun-sen). Read more…
GBPJPY posted two consecutive red days, meeting the 168.00 support, and is currently holding near the 20-day simple moving average (SMA). When looking at the bigger picture, the pair is bullish as it is standing above the long-term Read more…