Markets Friday’s fresh sell-off in the UK gilt market served as a chill reminder that deteriorating public finances are here to stay as a market theme. Not only in the UK, but globally. The UK Read more…
BoJ Governor Kazuo Ueda warned that maintaining ultra-loose monetary policy for an extended period could introduce risks to achieving inflation target in a stable manner. Minutes from his meeting with the Council on Economic and Read more…
The Swiss are known to be slow. It took the Palais Fédéral a few months to acclimate to the new diplomacy and send – instead of Karin Keller-Suter, who could sometimes be irritating but would Read more…
In focus today There is no exciting news releases scheduled for today, but this marks the start of a week packed with significant macroeconomic events. Midweek brings key releases, including the UK October CPI and Read more…
Daily Pivots: (S1) 202.57; (P) 203.33; (R1) 204.32; More… Intraday bias in GBP/JPY stays neutral for the moment. On the upside, firm break of 204.22 will suggest that larger rally from 184.53 is ready to Read more…
Daily Pivots: (S1) 179.05; (P) 179.52; (R1) 180.06; More… Intraday bias in EUR/JPY remains neutral for consolidations below 179.95 temporary top. Downside of retreat should be contained well above 175.67 support. On the upside, break Read more…
Daily Pivots: (S1) 0.8802; (P) 0.8834; (R1) 0.8854; More… Intraday bias in EUR/GB remains neutral at this point. Considering bearish divergence condition in 4H MACD, firm break of 0.8765 support will confirm short term topping. Read more…
Daily Pivots: (S1) 1.7717; (P) 1.7794; (R1) 1.7856; More… Range trading continues in EUR/AUD and intraday bias remains neutral. .Outlook is mixed. On the downside, break of 1.7561 support will revive the bearish case that Read more…
Daily Pivots: (S1) 0.9196; (P) 0.9213; (R1) 0.9247; More…. Intraday bias in EUR/CHF remains neutral and some consolidations could be seen above 0.9178 temporary low. . Recovery should be limited below 0.9325 resistance to bring Read more…
Daily Pivots: (S1) 1.1601; (P) 1.1628; (R1) 1.1649; More… Intraday bias in EUR/USD stays neutral first. Current development suggests that fall from 1.1917 might have completed as a three wave correction at 1.1467. Above 1.1655 Read more…