JPY Starts the Week With Decline
According to Japanese Finance Minister Shunichi Suzuki, there was “no discussion” about exchange rates during […]
EUR/GBP: Falling Thick Daily Cloud Produces Strong Headwinds to Near-Term Recovery
Attempts to extend strong rally of past two days failed at pivotal Fibo barrier at […]
GBPUSD Pulls Back from 15-month Peak; Bullish Structure Holds
GBPUSD has been in a prolonged uptrend since October 2022 supported by its long-term ascending trendline. Last […]
Gold May Break Higher
USD/CHF struggles for bids The US dollar tries to stabilise after the market saw a […]
Inflation to Determine the Size of the Next BoE Rate Hike
The focus this week is on Wednesday’s UK CPI release (06.00 GMT). With the next […]
GBP/USD: Cable Eases from New 2023 Top, UK CPI Data Eyed for Fresh Signals
Pullback from new 2023 high (1.3141), where last week’s strong bullish acceleration was repeatedly rejected, […]
GBP/USD Corrects Lower While EUR/GBP Aims Higher
GBP/USD started a downside correction from the 1.3145 zone. EUR/GBP is eyeing more gains above […]
GBPJPY Correction Underway But Will It Last?
GBPJPY is trading sideways today as the first correction since the March 2023 lows is […]
Dollar Staying Pressured Amid Risk-On Sentiment, Eyes on Michigan Consumer Sentiment Report
Dollar is still facing much broad-based pressure as risk-on sentiment continues to dominate the markets. […]
Sterling Climbs as UK GDP Beats Estimate
UK GDP contracts in May but beats estimate British pound hits 15-month high against the […]
Technical Picture for EUR/USD Improved
Markets Post-payrolls price action already suggested investors were ready to take up additional US Treasuries […]