Daily Pivots: (S1) 0.8311; (P) 0.8335; (R1) 0.8357; More… Intraday bias in EUR/GBP stays neutral at this point. Outlook also remains bearish with 0.8446 resistance intact. On the downside, below 0.8306 minor support will turn bias back to the downside for 0.8259 first, and then 0.8201 key support. Nevertheless, firm break of 0.8446 will confirm […]
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Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…