Daily Pivots: (S1) 0.8027; (P) 0.8048; (R1) 0.8069; More… USD/CHF is still bounded in consolidations below 0.8101 and intraday bias remains neutral. Outlook is unchanged that current rise from 0.7877 is still seen as the third leg of the corrective pattern from 0.7828 low. Above 0.8101 will target 0.8123 resistance, and then 138.2% projection of […]
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New Zealand’s latest RBNZ Survey of Expectations showed a sharp rise in near-term inflation expectations, reinforcing concerns that price pressures may remain elevated even as growth slows. One-year-ahead CPI inflation expectations jumped from 2.59% to Read more…
Key Highlights WTI Crude Oil started a fresh increase above $98.00 and $100.00. It cleared a key bearish trend line with resistance at $99.20 on the 4-hour chart of XTI/USD. Gold is struggling to settle Read more…
The OECD projected on Wednesday that the Bank of Japan will continue steadily normalizing monetary policy, with the short-term policy rate expected to rise from the current 0.75% to 2% by the end of 2027. Read more…