The next rate-setting meeting of the European Central Bank (”ECB”) is rapidly approaching (August 3), and analysts are stepping up to offer their opinions on the direction of EU monetary policy. At its last meeting, on July 2, the ECB voted to hold rates at the current record-low level of 1%, and all indications are [...]

In the last three months alone, the Brazilian Real has risen by an impressive 15% against the Dollar alone. What’s driving this impressive importance? The lead paragraph for one article offered the following encapsulation: “Brazil’s real climbed to the highest in more than nine months as stronger-than-estimated corporate earnings, rising equities and higher metal prices [...]

EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: buy. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3927 1.4018 1.4109 1.4200 1.4291 1.4382 1.4473 GBP/USD 1.6013 1.6161 1.6289 1.6437 1.6565 1.6713 1.6841 USD/JPY 91.28 92.18 93.48 94.38 95.69 96.59 97.89 EUR/JPY 129.06 [...]