Daily Pivots: (S1) 1.1942; (P) 1.1990; (R1) 1.2027; More… Range trading continues in GBP/USD and intraday bias remains neutral first. Focus remains on 1.2055 minor resistance. Firm break there will confirm short term bottoming at Read more…
Daily Pivots: (S1) 140.15; (P) 141.04; (R1) 141.65; More…. EUR/JPY’s rally resumes after brief retreat and intraday bias stays on the upside. As noted before, consolidation pattern from 144.23 should have completed with three waves Read more…
Daily Pivots: (S1) 138.00; (P) 138.18; (R1) 138.47; More… Intraday bias in USD/JPY remains neutral as consolidation from 139.37 is extending. Downside of retreat should be contained by 134.73 support. On the upside, break of Read more…
Daily Pivots: (S1) 0.8481; (P) 0.8510; (R1) 0.8528; More… EUR/GBP’s break of 0.8552 minor resistance argues that corrective fall from 0.8720 has completed at 0.8401. The development also revived near term bullishness. Intraday bias is Read more…
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US initial jobless claims rose 7k to 251k in the week ending July 16, above expectation of 240k. Four-week moving average of initial claims rose 4.5k to 240.5k. Continuing claims rose 51k to 1384k in Read more…
Here’s an overview of how home improvements can affect your taxes. This includes any potential tax breaks you can receive. When you make a home improvement, such as installing central air conditioning or replacing the Read more…
“Further normalisation of interest rates will be appropriate,” the ECB said after a bigger-than-expected 50 basis point hike in its key refinancing rate. Updated at 8:41 am EST The European Central Bank lifted its benchmark Read more…
ECB announced to raise the three key interest rates by 50bps today. The main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 0.50%, 0.75% Read more…
Today, in line with the Governing Council’s strong commitment to its price stability mandate, the Governing Council took further key steps to make sure inflation returns to its 2% target over the medium term. The Read more…