GBPUSD Seeks to Break Free from Downtrend Despite Strong US Data
GBPUSD Daily Chart GBPUSD is attempting to end the significant downtrend that led to a more than 8% decline in ...
Tag: USD
Bond Market and Ongoing Downtrend Keeps Bears in Control of EURUSD
Italy – Germany 10 Year Bond Spread vs EURUSD EURUSD is facing a lot of uncertainty in both the short ...
USDCAD’s One-Year Trend at Risk as US and Canada Jobs Report Awaited
USDCAD has just completed its second daily close above the one-year downtrend channel.
USDCHF Watching Core PCE Data for Potential Correction Towards Key Moving Averages
USDCHF Daily Chart USDCHF is on the rise since the 0.8550 support was tested multiple times in July. However, the ...
EURUSD Faces Bearish Momentum Amid Hawkish FOMC and Weak PMI Data
EURUSD is experiencing downward pressure after breaking the uptrend, particularly following the recent FOMC meeting.
USDJPY’s Rollercoaster Ride: What Lies Ahead?
Bank of Japan's Chair Ueda's comments on policy normalization caused a mini shockwave on USDJPY this week, but the initial ...
Negative Surprises in Key US Data Impact EURUSD, What’s Next?
EURUSD surged from the lower boundary of the trend channel after two days of negative economic surprises.
Strong GDP Data Fails to Satisfy Traders as USDJPY Nears Previous Intervention Levels
USDJPY is approaching the previous intervention levels, as the Bank of Japan's bond limit adjustment failed to satisfy the Yen ...
UK Q2 GDP Beats Expectations, GBPUSD Boosted From Key Support
The UK's preliminary GDP for the second quarter came out positively at 0.2%, surpassing the expected 0% figure.
What to Expect from FOMC and the Dollar Index Today?
If the Fed signals that the hiking cycle is likely over today, which is unlikely, the dollar index could take ...
GBPUSD Rally Stalls as UK Inflation Eases, Possible Buying Opportunities Ahead
The UK inflation showed signs of slowing in today's report. The yearly CPI fell to 7.9% from 8.7%
EURUSD Tests Key Resistances After Weaker CPI: What Comes Next?
US yearly inflation fell to 3% yesterday, with core inflation falling to 4.8%, which was a bigger than expected drop.
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