Forex

US GDP Q1 revisions and increasing Jobless Claims affects USD negatively. Weekly Jobless Claims rose higher than expected. Markets look forward to PCE…

GBP/USD bounces back off weekly lows around 1.2680. Technical outlook shows neutral to upward bias, with key resistance at 1.2803. Critical support levels…

The Pound Sterling finds a cushion below 1.2700 despite uncertainty ahead of the US core PCE Inflation. UK’s high service inflation remains a barrier to the…

The US Dollar eases back to earlier levels for this week. Markets are seeing US equities trying to stage turnaround and head back into Risk On. The US…

GBP/USD Forecast: Pound Sterling rebounds but remains fragile GBP/USD turned south in the American session on Wednesday and lost 0.5%, posting ts largest…

USD/CAD rises to 1.3730 amid firm speculation that the BoC will start lowering interest rates from June. The US Dollar declines despite uncertainty ahead of…

DAX (Germany)  Elliott Wave Analysis Trading Lounge Day Chart. DAX (Germany) Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure:…

NZD/USD extends its losing streak following the NZ Yearly Budget on Thursday. New Zealand Treasury sees inflation falling to below 3% in Q3. The lower US…

The Japanese Yen gained ground after comments from BoJ board member Seiji Adachi on Wednesday. BoJ's Adachi favored raising interest rates if a weaker JPY…

FX option expiries for May 30 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0700 1.2b 1.0740 1.3b 1.0750 1.4b…