Daily Pivots: (S1) 0.7839; (P) 0.7856; (R1) 0.7884; More…. Intraday bias in USD/CHF remains on the upside at this point. Rebound from 0.7760 would continue to 0.7923 resistance. Firm break there will argue that fall Read more…
Daily Pivots: (S1) 1.3290; (P) 1.3347; (R1) 1.3379; More… Intraday bias in GBP/USD stays on the downside at this point. Fall from 1.3657 would extend to retest 1.3158 support. Decisive break there will target 100% Read more…
EUR/USD halts losses near April highs. Key test: break above SMA cluster overhead. Momentum signals show easing selling pressure. EUR/USD is attempting to stabilise after a four‑session pullback from the 1.1787 area to one‑month lows Read more…
The big story – and dominant market driver – is becoming the rapid selloff across sovereign bond markets, as bond yields in major economies, including the US and Japan, soared last week after a set Read more…
In focus today Focus will continue to be on developments in the Middle East and the bond market rout that has caused a sell-off in risk assets. In Sweden, the Origo inflation expectations will be Read more…
Daily Pivots: (S1) 1.1603; (P) 1.1637; (R1) 1.1658; More…. Intraday bias in EUR/USD remains on the downside as fall from 1.1848 is in progress. As noted before, rebound from 1.1408 could have completed as a Read more…
Markets are beginning the week with a familiar but dangerous message: oil higher, yields higher, Dollar higher. Brent crude blasted above $111 in Asian trading while US 10-year Treasury yields climbed above 4.6%, extending the Read more…
China’s economic data deteriorated sharply in April, with industrial production, retail sales, and fixed asset investment all missing expectations as domestic demand weakened against a backdrop of prolonged Middle East conflict and rising external uncertainty. Read more…
Key Takeaways The Trump-Xi Beijing summit delivered limited concrete progress, disappointing markets that had hoped for broader trade and geopolitical breakthroughs, while renewed warnings over Taiwan tensions kept regional risk sentiment fragile. Rising inflation pressures Read more…
Key Highlights EUR/USD started a sharp decline below the 1.1700 zone. It traded below a rising channel with support at 1.1720 on the 4-hour chart. GBP/USD could extend losses if it settles below 1.3300. USD/JPY Read more…