Daily Pivots: (S1) 1.1278; (P) 1.1312; (R1) 1.1348; More… Intraday bias in EUR/USD remains neutral as range trading continues. On the upside, firm break of 1.1385 resistance will resume the rebound from 1.1186. Sustained trading Read more…
Daily Pivots: (S1) 1.3520; (P) 1.3559; (R1) 1.3596; More… Intraday bias in GBP/USD remains neutral for the moment. Further rally is still expected as long as 1.3430 support holds. We’re seeing corrective fall from 1.4248 Read more…
Daily Pivots: (S1) 0.9149; (P) 0.9166; (R1) 0.9192; More…. Intraday bias in USD/CHF remains neutral for the moment. On the upside, break of 0.9200 resistance will argue that fall from 0.9372 has completed with three Read more…
Daily Pivots: (S1) 115.74; (P) 115.99; (R1) 116.36; More… USD/JPY is staying in consolidation below 116.34 temporary top and intraday bias remains neutral. Some consolidations could be seen but downside should be contained well above Read more…
Yen is trying to recover on weaker risk sentiment today. But momentum is relatively soft against Dollar and Europeans. Aussie and Kiwi follow broader risk markets lower. Sterling and Dollar remain the strongest ones for Read more…
The Canadian dollar has extended its losses on Thursday as USD/CAD briefly punched above the 1.28 line earlier today. It has been a rough start to 2022 for the Canadian dollar, which has fallen over Read more…
Julien Eichinger – stock.adobe.c France’s Societe Generale (SocGen) bank is merging two of its French retail brands to cut costs and enable it to focus on a single IT system. At the same time, the Read more…
frank peters – Fotolia A $60m venture capital fund is set to invest in 120 early-stage startups across the Middle East region amid an anticipated tech boom after the Covid-19 pandemic. According to the fund’s Read more…
denisismagilov – Fotolia The world economy is now losing more than $1tn (approximately £740bn) to cyber crime every year, an increase of more than 50% on figures reported in 2018, and with two-thirds of organisations Read more…
Allied Irish Bank (AIB) is cutting its workforce by 1,500, merging branches and vacating premises as it attempts to cut costs following a review influenced by the acceleration of digital banking and home working during Read more…