Daily Pivots: (S1) 0.8960; (P) 0.9010; (R1) 0.9044; More… Intraday bias in USD/CHF remains neutral for the moment. Rebound from 0.8818 short term bottom is expected to continue as long as 0.8918 minor support holds. On the upside, sustained trading above 55 D EMA (now at 0.9039) should confirm that current rally is at least […]
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Yen’s recovery gained some momentum today on as speculation over an imminent BoJ rate hike. Governor Kazuo Ueda reinforced Deputy Governor Ryozo Himino’s earlier comments, suggesting that next week’s policy meeting could bring a shift Read more…
Daily Pivots: (S1) 157.33; (P) 157.76; (R1) 158.41; More… Intraday bias in USD/JPY remains neutral for the moment as sideway trading continues. Further rally is in favor as long as 156.0 support holds. On the Read more…
UK CPI slowed from 2.6% yoy to 2.5% yoy in December, below expectation of 2.7% yoy. Core CPI slowed from 3.5% yoy to 3.2% yoy, below expectation of 3.4% yoy. CPI goods annual rate rose Read more…