Daily Pivots: (S1) 1.1415; (P) 1.1449; (R1) 1.1486; More… Focus stays on 1.1482 resistance in EUR/USD. A medium term bottom could be in place at 1.1120, on bullish convergence condition in daily MACD. Break of Read more…
Daily Pivots: (S1) 1.3484; (P) 1.3549; (R1) 1.3594; More… Intraday bias in GBP/USD remains neutral as range trading continues. On the upside, break of 1.3627 will resume the rebound to 1.3748 resistance. Firm break there Read more…
Daily Pivots: (S1) 0.9213; (P) 0.9236; (R1) 0.9279; More…. Range trading continues in USD/CHF and intraday bias remains neutral for the moment. Further rise will remain mildly in favor as long as 0.9090 support holds. Read more…
Daily Pivots: (S1) 114.84; (P) 115.13; (R1) 115.49; More… USD/JPY is still bounded in sideway trading and intraday bias remains neutral. Consolidation from 116.34 is still extending. On the upside, break of 115.68 will resume Read more…
Australian Dollar is leading commodity currencies higher in relatively quiet trading today. Swiss Franc is also firm, but mainly because Euro is consolidation gains. Sterling is currently the weakest one, followed by Euro and then Read more…
Industrial production in Germany fell by 0.3% for December and by 4.1% on the same month a year earlier. A deeper fall compared to the previous month, while surveyed analysts on average expected production to Read more…
Cable remains under pressure on Monday and probes again through 100DMA (1.3508) which contained Friday’s drop (the pair was down 0.5% for the day) as pound came under increased pressure from better than expected US Read more…
Health insurance for your pet could come in handy for covering big, unexpected bills, but coverage often depends on your pet and the type of illness. Over my 20-plus years of consumer reporting, one of Read more…
Inflation, earnings and geopolitical risks are on deck this week as Wall Street looks to escape from its early February doldrums. U.S. equity futures traded mixed Monday, while oil prices eased and Treasury bond yields Read more…
Last week saw risk assets climb, with the S&P 500 gaining 1.6% as investors rushed to buy the latest dip in equities. The better-than-expected U.S. January jobs report and overall positive earnings encouraged risk-taking. Still, Read more…