Daily Pivots: (S1) 1.0730; (P) 1.0753; (R1) 1.0780; More… EUR/USD’s rally continues today and intraday bias stays on the upside. Rise form 0.9534 should target 61.8% projection of 0.9630 to 1.0733 from 1.0482 at 1.1164 next. On the downside, below 1.0711 minor support will turn intraday bias neutral again first. But near term outlook will […]
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Three major central bank decisions are due, with Swiss National Bank, Bank of England, and European Central Bank all widely expected to leave policy unchanged. Markets are therefore less focused on the decisions themselves and Read more…
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…