Pivot Points Hourly Last Updated: Apr 22, 12:04 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.12719 1.1279 1.12823 1.12861 1.12894 1.12932 1.13003 USD/JPY 109.288 109.374 109.407 109.46 109.493 109.546 109.632 GBP/USD 1.42986 1.43103 1.43152 1.4322 1.43269 1.43337 1.43454 USD/CHF 0.97338 0...
Pivot Points Daily Last Updated: Apr 22, 12:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11278 1.12256 1.12598 1.13234 1.13576 1.14212 1.1519 USD/JPY 107.246 108.364 109.095 109.482 110.213 110.6 111.718 GBP/USD 1.41892 1.42718 1.42995 1.43544 1.43821 1.4437 1.45196 USD/CHF 0.9423 0.95533 0...
WTI Drops to Lows Near $43.00 After posting fresh 2016 highs near $44.50 in early trade, prices for the barrel of West Texas Intermediate (WTI) have quickly fell back to test the $43.00 support...
The ECB meeting is the session's highlight. In recognition of the risk that ECB President Draghi expresses displeasure with the premature tightening of financial conditions through the exchange rate channel is encouraged a modest bout of euro selling...
The Treasury Department announced Wednesday that women will be incorporated into new designs for the $5, $10 and $20 bills. Here is a look at the new lineup. Araminta Ross, known as “Minty,” was born into slavery on the Eastern Shore of Maryland around 1822...
Preview for ECB Meeting and Implications for EUR, Metals, Equities Talking Points: - EUR/USD lingering below key resistance near $1.1460/1.1500. - Equity markets, precious metals remain in a bullish posture. - Crowd's disdain for EUR/USD shows in positioning changes...
Oil Prices Continue to Drive Sentiment - Investec Research Team at Investec, suggests that the oil prices continue to drive sentiment in financial markets...
Oil Rises to 5-Month, Holding Steady above $44.00 Mark On Wednesday, crude oil future broke through a very strong resistance near 42.45-50 area, coinciding with the very important 200-day SMA, after the official US crude inventories data showed domestic production falls for sixth consecutive week...
Gold Firmer, Advances Beyond $1260 The precious metal is confirming its upside momentum on Thursday, pushing higher to fresh weekly tops above $1260.00...
UK Retail Sales Plunge - ING James Smith, Economist at ING, suggests that the latest batch of UK retail sales data was very disappointing and adds to the generally downbeat tone of UK data released over the past week...
ECB and Riksbank Meetings at the Centre Stage – Danske Bank Research Team at Danske Bank, suggests that the focus today will be on the ECB and Riksbank meetings...
Oil Prints Fresh 5-Month Highs, Brent Above $ 46 Oil benchmarks on both sides of Atlantic paused the corrective slide from Asian hours, and now resume the recent uptrend as the European traders cheer the bullish EIA inventory report...
Asian Markets Rally on the Back of Positive Global Sentiments, Gold Around $1250 and Silver Rises Nearly 3 Pct All the Asian markets are trading on a higher note on Thursday. Japanese markets continue to trade higher while China’s stock market opened mix and there after turns positive...
NZD: ANZ New Zealand Job Ads Back on the Job – ANZ Sharon Zollner, Senior Economist at ANZ, notes that the NZ’s jobs ads rose strongly in March, and have now more than made up the ground lost in January, restoring the upward trend. Key Quotes “Job ads lifted 2...
IEA Chief: Oil Market, Prices to Return to Balance by 2017 International Energy Agency (IEA) chief Fatih Birol was on the wires earlier today, expecting oil markets to rebalance by 2017...
After years of global easing made buying the dollar one of the world’s most popular trades, currency traders are latching on to any glimmer of economic brightness to try to uncover the next big theme. Even hints that central bank stimulus may be no longer required is enough to spark buying...
Action in the Commodities Sector - ANZ Analysts at ANZ noted that the Energy was stronger overnight and rounded up the action across the commodities sector. Key Quotes: "Crude oil turned around early losses after data showed US output continued to fall...
Pivot Points Daily Last Updated: Apr 21, 3:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.11278 1.12256 1.12598 1.13234 1.13576 1.14212 1.1519 USD/JPY 107.246 108.364 109.095 109.482 110.213 110.6 111.718 GBP/USD 1.41892 1.42718 1.42995 1.43544 1.43821 1.4437 1.45196 USD/CHF 0.9423 0.95533 0...
Status of 9/11 Bill and the Saudi Threat - BBH Analysts at Brown Brothers Harriman noted that there continues to be much discussion among investors of New York Times report last weekend in which a Saudi official threatened to sell $750 bln of US Treasuries and assets if a bill that would allow fa...