Daily Pivots: (S1) 1.4272; (P) 1.4296; (R1) 1.4323; More… Intraday bias in USD/CAD remains neutral for the moment as range trading continues. On the downside, break of 1.4238 support will argue that corrective pattern from 1.4791 has started the third leg already. Intraday bias will be back on the downside for 1.4150 support and below. […]
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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…
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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…