Daily Pivots: (S1) 1.0841; (P) 1.0945; (R1) 1.1011; More… No change in EUR/USD’s outlook as consolidations continue below 1.1145. Intraday bias stays neutral for now. Downside of retreat should be contained by 38.2% retracement of 1.0176 to 1.1145 at 1.0775 to bring rebound. On the upside, above 1.1145 will resume the rally from 1.0176 to […]
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BoJ board member Junko Nakagawa cited US trade policy as one of the most significant risks to Japan’s economic outlook. In a speech, she noted that higher US tariffs could directly damage Japanese corporate activity, Read more…
Japan’s exports rose 3.9% yoy in March to JPY 9.85T, below the expected 4.5% yoy gain. Shipments to the US rose 3.1% yoy overall, boosted by strong gains in electronic parts (+35.8%), pharmaceuticals (+29.7%), and Read more…
Key Highlights Gold started a fresh increase and traded to a new record high above $3,350. The current price on the 4-hour chart is still bullish above $3,250. EUR/USD is eyeing more gains above the Read more…