Daily Pivots: (S1) 1.2967; (P) 1.2988; (R1) 1.3025; More… GBP/USD’s rally from 1.2099 is still in progress, and further rise should be seen to retest 1.3433 high. On the downside, break of 1.2910 support will indicate short term topping, likely with bearish divergence condition in 4H MACD. That would turn intraday bias back to the […]
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Markets Core bonds gained slightly yesterday with US Treasuries marginally outperforming Bunds. German yields eased 1.3 bps at the front while remaining flat at the long end of the curve. The outgoing parliament greenlighted a Read more…
Nvidia yesterday revealed new products at the company’s annual GPI Technology Conference at San Jose. The CEO Jensen Huang showed off its new AI system Vera Rubin, called after nothing less than the astronomer who Read more…
In focus today The main event will be the FOMC meeting tonight. We expect an unchanged rate decision which is also fully priced in the markets, but all eyes will be on Powell’s communication about Read more…