The week started on a cautious note in Europe and the US as today’s US presidential election looks very close to call and could eventually result in a tight – and even a contested outcome. As such, the major risk today is not a Harris or a Trump win, but it’s the reality that a […]
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EURUSD eyes breakout above 1.0880-1.0900 for further gains Recent rebound is not enough to upgrade short-term outlook A strong rally above 1.1000 needed for bulls to seize control EURUSD kicked off the US election day Read more…
US 500 index rebounds off 50-day SMA RSI and MACD weaken their momentum The US 500 index has paused its bearish correction near the 5,720 support level and the 50-day simple moving average (SMA). The Read more…
The RBA Board left the cash rate unchanged at 4.35%, as expected. Disinflation on track but Board still vigilant to upside inflation risks and is not ruling anything in or out. As expected, the RBA Read more…