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Gbp/usd seals breakout move on the week, what's next?

The pair is up nearly 2% on the week, no thanks in part to some heavy dollar selling yesterday as traders finally picked a side after the Fed meeting....

June 16, 2023, 10:23 am

Yen accelerates down again after boj, dollar staying weak too

In the wake of BoJ’s decision to hold its monetary policy steady, we have seen an amplified sell-off in Yen, which is not surprising given the ongoi...

June 16, 2023, 7:45 am

Usd/jpy sticks to dovish boj-inspired gains, remains below ytd peak touched on thursday

USD/JPY catches fresh bids on Friday in reaction to the BoJ’s dovish stance. An uptick in the US bond yields revives the USD demand and lends suppor...

June 16, 2023, 6:44 am

Usd/cad clings to mild gains above 1.3200 as us dollar, wti pare recent moves with mixed feelings

USD/CAD bounces off the lowest levels in nine months but recovery moves lack upside momentum. Mixed sentiment, lack of conviction about Fed vs. BoC ...

June 16, 2023, 5:59 am

Gbp to usd forecasts: bulls to target $1.29 on policy divergence

It is a quiet day for the GBP to USD. However, the latest round of numbers has fueled expectations of a more hawkish BoE, supporting further gains. Th...

June 16, 2023, 4:22 am

Pound sterling price news and forecast: gbp/usd – eyes 1.2700 as fed-boe policy divergence sets to squeeze

The Federal Reserve (Fed) held the policy rate steady at 5-5.25% range following the June policy meeting, as expected. However, the revised Summary of...

June 15, 2023, 10:59 am

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… Range trading continues in USD/JPY and intraday bias stays neutral at this point. Further ...

June 14, 2023, 1:47 pm

Usd/jpy daily outlook

Daily Pivots: (S1) 139.39; (P) 139.85; (R1) 140.69; More… USD/JPY is still bounded in sideway trading and intraday bias stays neutral. Further rally...

June 14, 2023, 7:33 am

Goldman sachs foresees limited upside for euro, prefers short eur/cad exposure

Goldman Sachs recently shared its perspective on the euro, suggesting that its upside potential is limited due to similarities in macroeconomic condit...

June 13, 2023, 5:13 pm

Usd/jpy daily outlook

Daily Pivots: (S1) 139.20; (P) 139.48; (R1) 139.90; More… Sideway consolidations continue in USD/JPY and intraday bias remains neutral first. Furthe...

June 13, 2023, 7:27 am

European equity close: german dax rings up a 0.9% gain

Closing changes for the main European bourses:Stoxx 600 +0.1%UK FTSE 100 flatGerman DAX +0.9%Italy MIB +0.9%French CAC +0.5%Spain IBEX +0.4%The trend ...

June 12, 2023, 3:44 pm

Usd/jpy daily outlook

Daily Pivots: (S1) 138.85; (P) 139.29; (R1) 139.81; More… Intraday bias in USD/JPY remains neutral as consolidation from 140.90 is extending. Furthe...

June 12, 2023, 10:28 am

Bitcoin whales quietly accumulate btc in anticipation of strong rebound in the asset

The bullish divergence between whales accumulating Bitcoin as prices decline is typical of a rebound in...

June 11, 2023, 9:59 am

Usd/jpy weekly outlook

USD/JPY stayed in consolidation below 140.90 last week and outlook is unchanged. Initial bias remains neutral this week first, and further rally is ex...

June 10, 2023, 1:16 pm

Gbp/usd rises to four-week high, anticipates boe and fed policy divergence

GBP/USD climbed to a new four-week high at 1.2590 on Friday. However, it dipped toward the 1.2570s area after a softer-than-estimated Canadian jobs re...

June 9, 2023, 6:44 pm

European equity close: the ftse 100 is down in 6 of the past 7 weeks

On the day:Stoxx 600 -0.2%German DAX -0.3%FTSE 100 -0.5%French CAC -0.2%Italy MIB -0.3%Spain IBEX -0.3%On the week there was some strong divergence:St...

June 9, 2023, 3:39 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 138.41; (P) 139.32; (R1) 139.82; More… Sideway trading continues in USD/JPY and intraday bias remains neutral at this point. With...

June 9, 2023, 1:19 pm

Usd/jpy daily outlook

Daily Pivots: (S1) 138.41; (P) 139.32; (R1) 139.82; More… USD/JPY is still bounded in consolidation from 140.90 and intraday bias stays neutral firs...

June 9, 2023, 9:55 am

Aud/usd justifies fresh concerns of rba vs. fed divergence above 0.6700, china inflation eyed

The same almost confirms no rate hike by the US Federal Reserve (Fed) interest rate hike in the next week’s Federal Open Market Committee (FOMC) mon...

June 8, 2023, 11:14 pm

European equity close: some divergence creeps in

European stock markets opened lower then slowly fought their way into positive territory. As the US came online there was a second wave of selling but...

June 8, 2023, 3:34 pm


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