Daily Pivots: (S1) 0.8202; (P) 0.8226; (R1) 0.8252; More…. Intraday bias in USD/CHF is back on the downside, as fall from 0.8475 resumed by breaking through 0.8187. Deeper fall should be seen to 0.8038 low. But strong support could be seen from there to bring rebound, on first attempt. On the upside, above 0.8248 minor […]
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BoC is widely expected to leave interest rate unchanged at 2.75% for the second consecutive meeting today. While Q1 GDP surprised to the upside at 2.2% annualized, the growth was heavily front-loaded by export activity Read more…
Japan’s private sector lost steam in May as final PMI Services reading slipped to 51.0 from April’s 52.4, while Composite PMI declined to 50.2 from 51.2. The data point to only marginal growth in overall Read more…
Australia’s GDP expanded just 0.2% qoq in Q1, falling short of expectations for 0.4% qoq growth. On an annual basis, GDP rose 1.3% yoy. However, GDP per capita declined by -0.2% qoq, marking a renewed Read more…