Where Next for EURJPY?
EURJPY experienced a huge week after a bullish triangle breakout, appreciating by more than 3.0% to […]
EUR Hits Resistance
EUR/USD sees limited pullback The euro retreated after the ECB’s chief economist tempered expectations of […]
RBA Minutes Revealed ‘Fine Balance’ for This Month’s Surprise Hike
Asian stocks were moody, European indices traded lower, and US futures were under pressure on […]
EUR/GBP Hits New Multi-month Low ahead of UK CPI Data, BoE Policy Meeting
The cross remains at the back foot on Monday and hit new 2023 low (0.8518) […]
EUR/GBP Technical: Short-term Downtrend Intact
EUR/GBP has continued to trade lower, now at 0.8520, its lowest level since Aug 2022 […]
Euro Drifting Lower on US Holiday-Thinned Trading
ECB’s Nagel says tightening could continue after July US inflation expectations fall to lowest level […]
EURUSD Slices Through 50-Day SMA But Advance Pauses
EURUSD had been experiencing a downside correction after peaking at the 13-month high of 1.1094. However, […]
EUR/USD: Shallow Correction Likely to Precede Fresh Push Higher
The Euro edged lower in early Monday, adding downside risk after Friday’s long-legged Doji signaled […]
US Markets Closed for Juneteenth Holiday
Markets The consumer confidence of the University of Michigan was he only market relevant data release on […]
Quiet Start to the Week
Market movers today Focus this week will be on Flash PMI’s for euro and US […]
EUR/USD Consolidates Gains And Eyes Fresh Increase
Key Highlights EUR/USD surpassed the 1.0850 and 1.0880 resistance levels. A key bullish trend line […]
Bank of England Preview – Look to Sell GBP on Aggressive BoE Pricing
We expect the Bank of England (BoE) to hike the Bank Rate by 25bp on […]