The US economy has continued to evolve well in line with our expectations, and we make only small adjustments to the forecasts. While current tariff levels are slightly higher than we expected in early summer, more front-loaded stimulus from the ‘Big Beautiful Bill’ and recent easing in financial conditions mitigate downside risks to growth. We […]
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Daily Pivots: (S1) 0.8616; (P) 0.8628; (R1) 0.8639; More… Intraday bias in EUR/GBP remains on the downside at this point. Firm break of 0.8611 will resume the whole decline from 0.8863, and target 100% projection Read more…
Daily Pivots: (S1) 1.6176; (P) 1.6228; (R1) 1.6319; More… A temporary low is in place at 1.6125 with current recovery, and intraday bias is turned neutral in EUR/AUD first. Still, outlook will remain bearish as Read more…
Daily Pivots: (S1) 0.9025; (P) 0.9039; (R1) 0.9064; More…. EUR/CHF is extending consolidations pattern from 0.8979 and intraday bias stays neutral. Near term outlook remains bearish with 0.9149 resistance intact. On the downside, below 0.8979 Read more…