GBP/USD JUMPS TO FRESH SESSION TOPS, 1.3900 MARK BACK IN SIGHT GBP/USD caught fresh bids on Tuesday and built on the overnight rebound from sub-1.3800 levels. The USD retreated further from two-week tops and was seen as a key...
GBP/USD JUMPS TO FRESH SESSION TOPS, 1.3900 MARK BACK IN SIGHT GBP/USD caught fresh bids on Tuesday and built on the overnight rebound from sub-1.3800 levels. The USD retreated further from two-week tops and was seen as a key...
NASDAQ 100 AND S&P 500 REMAIN PRESSURED AS FEAR RISES US futures retreated in early trading as investors braced for more equities weakness in the coming months. The Dow Jones futures added to the 270 points losses it made...
GBP/USD REMAINS DEFENSIVE BELOW 1.3850 ON STEADY USD GBP/USD remains muted on Monday in the early European session. US Dollar Index keeps upside momentum intact above 92.50. Brexit chaos, downbeat economic data outweigh hawkish BOE. GBP/USD started the fresh...
GBP/USD COULD STILL TEST THE 1.3890 LEVEL NEAR-TERM – UOB Cable still targets the 1.3890 level as long as it does not break below 1.3760, suggested FX Strategists at UOB Group. KEY QUOTES 24-hour view: “We highlighted last Friday that...
EURUSD V-SHAPED RECOVERY ACCELERATES AHEAD OF US TRADE DATA The EURUSD bullish momentum accelerated in the overnight session as the US dollar declined. The pair rose after weak private payrolls numbers from the United States. Data published by ADP...
EUR/USD TO EDGE HIGHER TOWARDS THE MARCH HIGH AND 200-DMA AT 1.1990/1.2005 – COMMERZBANK EUR/USD hovers around 1.1840, after four consecutive days of rises. Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, expects the pair to reach...
AUD/USD CLINGS TO GAINS NEAR MULTI-WEEK TOPS, 0.7400 MARK REMAINS IN SIGHT Upbeat Australian trade balance figures assisted AUD/USD to regain traction on Thursday. Dovish Fed expectations kept the USD bulls on the defensive and remained supportive. A softer...
GBPUSD WAVERS, FTSE SOARS AFTER PMI AND HOME PRICE DATA The British pound was little changed after the relatively strong economic data from the country. According to the Nationwide Society, the country’s home prices rose by 2.1% in August...
AUDUSD IN TIGHT RANGE AFTER STRONG AUSTRALIAN GDP DATA EURUSD price declined slightly after weak US consumer confidence numbers. According to the Conference Board, the US consumer confidence dropped to a six-month low of 113 from the previous 125....
US DOLLAR INDEX PRICE ANALYSIS: THE LOSS OF 92.50 COULD EXPOSE 91.80 DXY remains under pressure in the mid-92.00s. The loss of lows near 92.80 should expose further decline. DXY accelerates losses and re-tests the key support area around 92.50...