The British pound is down slightly on Friday. GBP/USD is down 0.14%, trading at 1.2648 in the European session at the time of writing. It has been a good week for the pound, which has Read more…
The Australian dollar is lower on Friday. AUD/USD is currently trading at 0.6658 in the European session, down 0.31% on the day. The Aussie touched a high of 0.6714 on Thursday, its highest level since Read more…
Eurozone CPI was finalized at 2.4% yoy in April, unchanged from March’s reading. CPI core (ex-energy, food, alcohol & tobacco) was finalized at 2.7% yoy, down from prior month’s (2.9% yoy). The highest contribution to Read more…
ECB Vice President Luis de Guindos addressed inflation expectations at an event today, noting that “headline inflation is there at 2.4%, core inflation below 3%.” He projected that inflation will “fluctuate around these values” in Read more…
GBPJPY in the green again, returns to pre-intervention levels Increasing possibility of another BoJ intervention Momentum indicators remain mostly bullish GBPJPY is edging higher again today, recording its ninth green candle in the last 10 Read more…
USDCAD recovers some ground above 1.3600 Oscillators suggest upside correction in short-term USDCAD has gained little over the last couple of sessions, and it managed to hold above the medium-term ascending trend line and re-enter Read more…
AUD/USD started a decent increase above the 0.6655 resistance. NZD/USD is also rising and could aim for a move above the 0.6140 resistance. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar found Read more…
Daily Pivots: (S1) 1.0783; (P) 1.0804; (R1) 1.0842; More… Intraday bias in EUR/SD is turned neutral with current retreat. Some consolidations would be seen but further rally is expected as long as 1.0765 support holds. Read more…
Daily Pivots: (S1) 1.2642; (P) 1.2672; (R1) 1.2699; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen but further rally is expected as long as 1.2445 support holds. Read more…
Daily Pivots: (S1) 154.15; (P) 154.84; (R1) 156.08; More… Intraday bias in USD/JPY remains neutral for the moment. Price actions from 160.20 are seen as a corrective pattern. ON the upside break of 156.78 will Read more…