Better than expected US non-farm payrolls & unemployment rate for September have revived the soft to non-landing narrative. The Citigroup US Economic Surprise Index has improved significantly since August. The improvement in US economic growth prospects is likely to benefit the Russell 2000 at least in the medium-term. Since our last publication, the performance of Russell […]
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Daily Pivots: (S1) 1.0937; (P) 1.0989; (R1) 1.1026; More…. EUR/USD’s fall from 1.1213 is in progress and intraday bias stays on the downside for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there Read more…
Daily Pivots: (S1) 0.8518; (P) 0.8563; (R1) 0.8626; More… Intraday bias in USD/CHF is turned neutral with current retreat and some consolidations would be seen. Further rise is in favor as long as 0.8499 minor Read more…
Daily Pivots: (S1) 146.78; (P) 147.89; (R1) 149.86; More… USD/JPY’s rebound from 139.57 is still in progress and intraday bias stays on the upside. Rise from 139.57 is seen as the second leg of the Read more…