EUR/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1615; (P) 1.1665; (R1) 1.1700; More… EUR/USD recovered after hitting 55 4H EMA but stays below…
Category: Currency Analysis
GBP/USD Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.3502; (P) 1.3549; (R1) 1.3576; More… GBP/USD is still extending consolidations below 1.3594 temporary top and…
US: Retail Sales Continued to Rise in July
[ad_1] Building on their gain in June, retail and food services sales continued to grow in July, advancing by 0.5%…
Inflation Expected to Hold Steady in Canada Amid Resilient Consumer Spending
[ad_1] Canadian year-over-year consumer price index growth is expected to hold at 1.9% in July, matching June’s reading on Tuesday.…
Preview of RBNZ: One Final Cut?
[ad_1] We expect the RBNZ to cut the OCR by 25bp to 3%. We don’t expect a significant change in…
US UoM consumer sentiment falls to 58.6 as inflation expectations reignite
[ad_1] US consumer confidence weakened in August, with University of Michigan Consumer Sentiment Index falling from 61.7 to 58.6, missing…
Weekly Focus – Mixed US inflation data
[ad_1] US inflation was the only tier-1 data point on the global front this week. While it was close to…
USD/CHF Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.8044; (P) 0.8069; (R1) 0.8099; More…. Range trading continues in USD/CHF and intraday bias stays neutral…
USD/JPY Mid-Day Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 146.66; (P) 147.31; (R1) 148.40; More… Intraday bias in USD/JPY stays neutral at this point and…
US retail sales match forecasts with 0.5% mom gain
[ad_1] US retail sales rose 0.5% mom in July to USD 726.3B, in line with expectations, suggesting consumer spending momentum…