Eurozone inflation edged higher in February, with headline CPI finalized at 1.9% yoy, up from January’s 1.7% yoy. Core inflation, which strips out energy, food, alcohol and tobacco, also firmed to 2.4% yoy from 2.2% Read more…
EUR/USD is consolidating near 1.1532 on Wednesday, with markets adopting a wait-and-see stance ahead of the Federal Reserve’s decision. The Fed is widely expected to keep rates unchanged. Investor attention will focus on Jerome Powell’s Read more…
Switzerland’s economic outlook has been revised slightly lower as the fallout from the Middle East conflict continues to ripple through global markets. The Federal Government Expert Group on Business Cycles now expects GDP growth of Read more…
The market is fixated on the threat of accelerating inflation driven by high energy prices. As a result, central banks are expected to adopt a tighter monetary policy, keeping rates at high levels or even Read more…
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With aviation remaining one of the world’s most expensive industries to both get into and stay in business, smaller airlines periodically end up filing for bankruptcy protection or shutting down entirely after running out of Read more…
Daily Pivots: (S1) 211.83; (P) 212.16; (R1) 212.71; More… Intraday bias in GBP/JPY stays neutral first. Outlook is unchanged that rebound from 207.20 could have completed with three waves up to 213.28. Below 210.78 will Read more…
Daily Pivots: (S1) 183.02; (P) 183.30; (R1) 183.77; More… Intraday bias in EUR/JPY stays neutral for the moment. On the downside, below 181.85 will target 180.78 support. Decisive break there will indicate that fall from Read more…
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Daily Pivots: (S1) 0.8633; (P) 0.8640; (R1) 0.8649; More… Intraday bias in EUR/GBP remains neutral and more range trading could be seen. Further decline is expected as long as 55 D EMA (now at 0.8688) Read more…