GBP/USD failed to climb above 1.2750 and trimmed all gains. EUR/GBP is declining and trading below the 0.8580 pivot level. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh Read more…
EURUSD is coming down after a rally back to 1.0930 resistance after a completed leading diagonal in wave (A). Well, pair turned back to the lows after latest US NFP report so it seems that Read more…
DXY: The DXY chart is currently showing a bullish overall momentum, suggesting an upward trend in the price movement. This bullish sentiment is reinforced by the fact that the price is within a bullish ascending Read more…
In Q2 2023, New Zealand’s goods terms of trade rose by a 0.4%, much better than expectation of -1.3% decline. Both export and import prices for goods witnessed a dip, falling -0.6% and -1.0% respectively. Read more…
In a radio interview over the weekend, Pierre Wunsch, a hawkish member of ECB Governing Council, signaled that more action may be needed to address the issue of “very persistent” inflation in Eurozone. “I’m inclined Read more…
Key Highlights EUR/USD trimmed gains and retested the 1.0780 support. It traded below a bullish trend line with support near 1.0800 on the 4-hour chart. GBP/USD is also moving lower below the 1.2650 support. USD/JPY Read more…
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases Read more…
EUR/USD: No to Rate Hike, Yes to Dollar Appreciation! Market participants continue to scrutinize the macroeconomic backdrop in the United States, attempting to discern (or speculate) whether the Federal Reserve will proceed with further increases Read more…