As US Yields Hit Resistance, Dollar Lost Momentum
Markets Technical levels prevailed on Friday during US trading hours. A strong repositioning drive pulled […]
Aussie Leading Commodity Currencies Higher in Quiet Trading
Australian Dollar is leading other commodity currencies higher, in otherwise quiet markets today. US and […]
British Pound Technical Forecast: GBP/USD Dives Towards Support
British Pound technical forecast: GBP/USD weekly trade levels British Pound holds December highs- reverses back […]
Forex Friday: DXY, EUR/USD, GBP/USD and GBP/JPY
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
GBP/USD: Bears Eye 100DMA and 2023 Low at 1.1841
Cable maintains firm bearish tone on Friday and extends steep fall into third consecutive day. […]
Two Trades to Watch: GBP/USD, DAX
GBP/USD falls on USD strength & despite UK retail sales rising GBP/USD falls on hawkish […]
Dollar Remains Supreme Amidst Hawkish Fed Speak
Asian Indices: Australia’s ASX 200 index fell by -60.2 points (-0.81%) and currently trades at […]
10-y Testing January Top of 3.90%
Markets Yesterday, especially US bond markets further adapted to guidance that persistent high inflation will […]
GBP/USD Steadies, Eyes UK Retail Sales
The British pound has steadied on Thursday. In the European session, GBP/USD is trading at […]
GBP/USD Tests Key Support
The pound slipped after January’s CPI came out below expectations. On the daily chart, the […]
Higher Core Yields Slightly Favoured the Dollar
Markets US data continue surprising to the upside. The Fed’s aim to slow demand via […]
GBP/USD Grinds Higher, But Bears Eye Break of 1.20
Asian Indices: Australia’s ASX 200 index rose by 56.3 points (0.77%) and currently trades at […]