USDCHF bounces as flight to safety flows abate. What levels are in play going forward?
Baker Hughes oil rig count +5 to 482.
Initial Atlanta Fed GDPNow growth tracker comes in at 2.8%
European shares bounce back. Mixed performance for the week.
ECBs Schnabel:Services inflation showing last mile in inflation fight especially difficult
European major indices close mixed (thanks to the UK FTSE 100)
Ex inventories, GDP Q1 is near 1.80%%. GDP Q2 adjusted is near 2.0%. Not far from trend.
AUDUSD and NZDUSD continue the sharp fall. What are the technicals telling us now?
USDCHF bounces off the 50% of the range since December 2023 low.
EURUSD runs to the 100 hour MA and finds sellers