Dollar surged across the board overnight and stayed firm in Asian session, fueled by the strong rally in benchmark US Treasury yields. This rally is partly attributed to rising expectations of a Donald Trump victory in the upcoming presidential election. Analysts suggest that a Trump win would likely lead to heightened tariffs and expanded fiscal […]
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Daily Pivots: (S1) 1.2684; (P) 1.2731; (R1) 1.2789; More… Intraday bias in GBP/USD remains on the upside for retesting 1.2859 high. Correction from there should have completed at 1.2612. Firm break of 1.2859 will resume Read more…
Daily Pivots: (S1) 0.8982; (P) 0.9019; (R1) 0.9051; More… Intraday bias in USD/CHF remains neutral for the moment. Further rise is mildly in favor as long as 0.8956 support holds. Above 0.9049 will affirm the Read more…
Daily Pivots: (S1) 1.3610; (P) 1.3648; (R1) 1.3679; More… While USD/CAD declines notably, there is no change in the outlook as consolidation from 1.3845 is in progress, and could extend further. Downside should be contained Read more…