Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 […]
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Daily Pivots: (S1) 1.6190; (P) 1.6214; (R1) 1.6230; More… EUR/AUD’s fall from 1.6598 resumed by breaking through 1.6161, and intraday bias is back on the downside. Deeper decline should be seen to 1.5996/6002 key support Read more…
Daily Pivots: (S1) 1.0497; (P) 1.0554; (R1) 1.0600; More… EUR/USD is still extending consolidation above 1.0495 temporary low, and intraday bias stays neutral. Outlook remains bearish with 1.0760 support turned resistance intact. On the downside, Read more…
Daily Pivots: (S1) 1.2618; (P) 1.2666; (R1) 1.2702; More… Intraday bias in GBP/USD remains neutral for the moment, as consolidation continues above 1.2596 temporary low. Outlook stays bearish with 1.2842 support turned resistance intact. On Read more…