Daily Pivots: (S1) 1.0368; (P) 1.0401; (R1) 1.0461; More… Intraday bias in EUR/USD remains neutral for the moment. On the upside, firm break of 1.0435 resistance will extend the rebound from 1.0176 to 38.2% retracement of 1.1213 to 1.0176 at 1.0572. Rejection by 1.0435 will keep the correction from 1.0176 relatively short. Firm break of […]
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We expect the Federal Reserve to maintain the Fed Funds Rate unchanged at 4.25-4.50% in the January meeting, in line with wide consensus and market pricing. The Fed communicated back in December that the January Read more…
When the ECB meets next week, the policy decision is essentially already guided, namely another 25bp cut which brings the policy rate to 2.75%. This is a unanimous expectation among analysts and markets. With the Read more…