Daily Pivots: (S1) 158.80; (P) 159.28; (R1) 159.87; More… USD/JPY is still gyrating in range below 160.45 as consolidations continues. Intraday bias stays neutral for the moment. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On the upside break of 160.45 will target a retest on […]
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Silver has come under notable pressure this week, slipping back below the $75 level as oil prices and the Dollar strengthen. The metal is now at risk of a deeper decline toward the March low Read more…
Japan’s inflation firmed slightly in March, but underlying dynamics were mixed. Core CPI (ex-fresh food) rose from 1.6% to 1.8% , slightly above expectations but still below the BoJ’s 2% target for a second straight Read more…