Friday’s comments from President Trump about the potential introduction of 100% tariffs on trade with China pushed WTI crude oil below the $60 level for the first time in four months. The bearish sentiment stemmed Read more…
The euro remains under pressure as escalating trade risks fuel market anxiety. A sharp sell-off was triggered by Donald Trump’s announcement of a potential 100% tariff on Chinese goods, spurring a flight to safe-haven assets Read more…
Market Picture The crypto market capitalisation stood at $3.9 trillion on Monday, up 4.4% from the previous day but down 6% from pre-Friday crash levels. On Friday, the US stock market saw its biggest drop Read more…
Markets US president Trump did on Friday what he does best: spice up a trading session. China announced tighter export controls on rare earths and other critical materials earlier in the week. Trump responded amongst Read more…
Daily Pivots: (S1) 201.30; (P) 202.53; (R1) 203.20; More… Intraday bias in GBP/JPY remains neutral and more consolidations could be seen. With 201.24 resistance turned support intact, further rally is still in favor. Break of Read more…
Daily Pivots: (S1) 175.20; (P) 176.21; (R1) 176.74; More… Intraday bias in EUR/JPY remains neutral for the moment and some consolidations could be seen. Further rise is expected as long as 175.03 resistance turned support Read more…
Daily Pivots: (S1) 0.8681; (P) 0.8703; (R1) 0.8722; More… Intraday bias in EUR/GBP is mildly on the upside for retesting 0.8750. Firm break there will resume larger rally towards 0.8867 fibonacci level. On the downside, Read more…
Daily Pivots: (S1) 1.7711; (P) 1.7837; (R1) 1.8071; More… Intraday bias in EUR/AUD remains mildly on the upside for the moment. Fall from 1.8155 could have completed at 1.7569 already. Further rise should be seen Read more…
Daily Pivots: (S1) 0.9272; (P) 0.9303; (R1) 0.9319; More… Intraday bias in EUR/CHF stays mildly on the downside at this point. Fall from 0.9452 should target 0.9265 support. Firm break there should confirm that whole Read more…
In focus today Today will be light on the data front, with no immediate market movers scheduled. This week will be light in terms of data releases as the US government shutdown most likely means Read more…