Daily Pivots: (S1) 163.56; (P) 163.95; (R1) 164.64; More…. EUR/JPY turned sideway after drawing support from 55 D EMA (now at 163.34), and intraday bias is turned neutral first. On the downside, sustained trading below 55 D EMA will argue that whole corrective rise from 154.40 has completed with three waves up to 166.67. Deeper […]
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Markets US October inflation figures printed bang in line with expectations. Headline inflation picked up to 2.6% and core inflation matched September’s 3.3% with clear signs of price stickiness in housing-related costs (0.4% m/m) and Read more…
US inflation came in parallel to expectations, confirming that headline inflation in the US stagnated near 0.3% level for a third month, the yearly figure rebounded from 2.4% to 2.6% as expected, while core inflation Read more…
In focus today From the US, October PPI is due for release today. Yesterday’s CPI print was largely in line with expectations (see more in section below) hence it will be interesting to see if Read more…