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Forex
GBP underperforms after weak Retail Sales data – Scotiabank
The Pound Sterling (GBP) is down on the day and is all but unchanged over a week when most of its peers have managed to grind out a gain on the USD,…
EUR/USD Price Analysis: Renewed 20-day SMA rejection curbs bullish attempts
EUR/USD dips and lands around 1.0285 amid fading upside impetus.
RSI edges up, still confined in negative territory and signaling lukewarm buying interest.…
Pound Sterling Price News and Forecast: Decline in UK Retail Sales sets stage for BoE rate cuts
Pound Sterling tumbles as decline in UK Retail Sales sets stage for BoE rate cuts
The Pound Sterling (GBP) falls sharply against its major peers on Friday as…
Dow Jones Industrial Average rises 500 points as Treasuries pull back
The Dow Jones extended a bullish recovery on the back of rate cut hopes.
US inflation remains above targets, but pressures may be easing slightly.
Treasury…
US Dollar turns red on Friday ahead of Trump’s inauguration
The US Dollar is easing in the last trading session before Trump's inauguration.
Markets are clueless on what to do next after Fed’s Waller comments a…
EUR/JPY Price Forecast: Rises sharply as bulls target 161.00
EUR/JPY finds support at Ichimoku cloud bottom, trading capped at upper edge at 161.45.
Bearish momentum noted; faces resistance at 161.00 and 50-day SMA at…
EUR holds around 1.03 – Scotiabank
The Euro (EUR) is little changed against the US Dollar (USD) on Friday, holding around the mid-point of Wednesday’s wide range, Scotiabank's Chief FX…
EUR/GBP Price Forecast: Climbs above 200-day SMA shows bullish momentum
Euro strengthens, trades above 200-day SMA at 0.8425, signaling bullish momentum against Pound.
Bulls target January 15 high at 0.8463; breaking this could…
USD/JPY decline is likely part of a lower range – UOB Group
Weakness has not stabilized, but any further US Dollar (USD) decline is likely part of a lower range of 154.90/156.15. In the longer run, USD remains weak; if…
EUR: Risk premium here to stay – ING
EUR/USD appears to have found a short-term anchor at the 1.0300 handle., ING's FX analyst Francesco Pesole notes. Expect EUR/USD stability around 1.0300 "That…