Market movers today Market continues to focus on the developments in Ukraine. Russian parliament’s upper house authorized President Putin to deploy armed forces abroad yesterday, and as Putin noted that the region which Russia considers Read more…
The price of natural gas tilted higher in the overnight session after Germany announced plans to sanction the Nordstream 2 gas pipeline. The decision happened after Russian troops entered two regions of Ukraine on Monday Read more…
The US Dollar started a decent recovery wave from the 114.50 level against the Japanese Yen. The USD/JPY pair traded above the 114.75 level to move into a short-term bullish zone. The pair even traded Read more…
Germany Gfk consumer sentiment for March dropped from -6.7 to -8.1, below expectation of -6.2. In February, economic expectations rose from 22.8 to 24.1. Income expectations dropped from 16.9 to 3.9, lowest since January 2021. Read more…
ECB Governing Council member Robert Holzmann told Swiss newspaper NZZ, “When it comes to the interest rate outlook, the ECB has always signalled that an interest rate hike should not take place until shortly after Read more…
Daily Pivots: (S1) 1.1287; (P) 1.1327; (R1) 1.1366; More… Intraday bias in EUR/USD remains neutral as sideway trading continues inside range of 1.1265/1482. On the upside, firm break of 1.1482 will target 38.2% retracement of Read more…
Daily Pivots: (S1) 1.3548; (P) 1.3577; (R1) 1.3614; More… Sideway trading continues in GBP/USD and intraday bias remains neutral at this point. On the upside, break of 1.3642 will resume the rebound from 1.3356 to Read more…
Daily Pivots: (S1) 0.9170; (P) 0.9199; (R1) 0.9246; More…. Intraday bias in USD/CHF remains neutral first. Sideway trading could continued. And choppy rise from 0.8925 would still be in favor to extend higher as long Read more…
Daily Pivots: (S1) 114.63; (P) 114.94; (R1) 115.37; More… Intraday bias in USD/JPY remains neutral first and outlook is unchanged. On the downside, break of 114.49 will resume the decline from 116.33, as the third Read more…
Daily Pivots: (S1) 0.7182; (P) 0.7208; (R1) 0.7243; More… AUD/USD gyrated higher but stays below 0.7247 resistance. Intraday bias remains neutral first. Further rise would remain in favor as long as 0.7050 support holds. Above Read more…