Eurozone Sentix Investor Confidence improved slightly in December, rising from -7.4 to -6.2, a touch better than expectations of -6.3. Both components strengthened, with Current Situation Index climbing from -17.5 to -16.5 and Expectations rising Read more…
ECB Executive Board member Isabel Schnabel struck a subtly hawkish tone in a Bloomberg interview, saying she is “rather comfortable” with market expectations that the ECB’s next move will be a rate hike. Still, she Read more…
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The EUR/USD pair opened the week on a positive note, rising to 1.1653. The move was fuelled by mounting expectations for a Federal Reserve rate cut this Wednesday, which continues to weigh on the US Read more…
Daily Pivots: (S1) 206.47; (P) 206.89; (R1) 207.58; More… Intraday bias in GBP/JPY remains neutral for the moment, as range trading continues. Further rise is expected as long as 205.17 support holds. Break of 207.34 Read more…
Daily Pivots: (S1) 180.24; (P) 180.77; (R1) 181.14; More… Range trading continues in EUR/JPY and intraday bias stays neutral. Further rally is expected with 179.74 support intact. On the upside, break of 181.98 will resume Read more…
Daily Pivots: (S1) 0.8725; (P) 0.8734; (R1) 0.8743; More… Intraday bias in EUR/GBP is turned neutral with current recovery. But further decline is expected with 0.8800 resistance intact. Fall from 0.8863 should at least be Read more…
Daily Pivots: (S1) 1.7499; (P) 1.7565; (R1) 1.7599; More… Intraday bias in EUR/AUD remains on the downside at this point. Fall from 1.8160 is seen as the third leg of the pattern from 1.8554. Deeper Read more…
Daily Pivots: (S1) 0.9354; (P) 0.9363; (R1) 0.9378; More…. Intraday bias in EUR/CHF stays on the upside, as rise from 0.9178 is in progress for 0.9452 key structural resistance. Decisive break there will carry larger Read more…
Daily Pivots: (S1) 1.1624; (P) 1.1648; (R1) 1.1668; More…. Intraday bias in EUR/USD stays neutral, and further rally is in favor with 1.1590 minor support intact. Corrective fall from 1.1917 could have completed at 1.1467. Read more…