EUR/GBP’s rebound from 0.8453 is still in progress. Intraday bias remains on the upside for 55 D EMA (now at 0.8586). Strong resistance should be seen from 0.8610 to limit upside. On the downside, below 0.8528 minor support will turn bias back to the downside for retesting 0.8453 low. In the bigger picture, rise from […]
The post EUR/GBP Daily Outlook appeared first on ActionForex.
The dollar regained traction in early Thursday trading and recovered part of Wednesday’s post-Fed 0.6% drop, which pushed the US currency to the lowest since July 20. The US central bank left rates unchanged at Read more…
USD/JPY held near 163.50 on Thursday, with the yen retreating slightly after strengthening in the previous session. The currency had been supported by a broader dollar decline following the Federal Reserve’s decision to keep interest Read more…
• The US dollar has fallen on fears that the Fed will not raise interest rates. • Positive policy outlook, including the BoE’s hawkish rhetoric, will support the pound. The US dollar suffered its sharpest Read more…