Euro and Pound Correct Ahead of Key Economic Data Releases
The start of the final trading week of November has been eventful. Several currency pairs […]
Market Hope on a ‘Guarded’ Implementation of Trump Policies Seriously Challenged
Markets The rise in US yields and the dollar showed signs of fatigue lately, hardly […]
GBPUSD: Weekly Market Review
The US dollar strengthened following Trump’s victory, pushing the GBPUSD currency pair down to 1.2487, […]
GBP/USD Analysis: Pair Finds Support at Psychological Level
As the GBP/USD chart shows today: → Since the start of the month, the pound […]
Euro Weakens Sharply, Sterling and Swiss Franc Also Under Pressure
Euro stole the limelight last week with a steep selloff triggered by poor activity data. […]
Euro and Sterling Under Fire after PMIs, Swiss Franc Reverses Gains
European majors are experiencing significant selling pressure today, with Euro leading the declines. Euro sharply […]
GBP/USD Outlook: Cable Falls to New Multi-Month Low After Disappointing UK Economic Data
GBPUSD dipped below 1.2500 handle and hit new lowest in 6 ½ months on Friday, […]
British Retail Sales Decline, Pound Extends Losses
The British pound is lower for a straight third trading day on Friday. In the […]
Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors […]
GBP/USD, GBP/JPY Price Action Ideas Post UK Inflation Release
UK Inflation rises to a 6-month high of 2.3% in October, driven by services inflation. […]