US Dollar in Holding Pattern; Key Tech Setups on EUR/USD, USD/JPY, GBP/USD
The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.
The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.
Gold appears upbeat at the start of the week, although, the current move higher is already showing signs of slowing. Silver continues to trade lower, testing a well-known level
The Euro has bounced despite a clear rethink of the once-broadly-held idea that the US will see earlier, deeper rate cuts than the Eurozone
Cable attempts to claw back losses that ensued after the Fed meeting. Catherine Mann, a more hawkish member of the MPC, detailed why she no longer voted to hike
Bitcoin is back above $70k after rallying sharply over the last three sessions. A fresh attempt at a new ATH is likely ahead of April’s halving event.
The price of gold has pushed higher today after last Thursday’s sharp sell-off. Sentiment remains positive and a new ATH is not too far away.
GBP/USD has been mostly about the Dollar on Monday, although some modest good news out of the UK is likely still helping.
The minutes from Tuesday’s BoJ meeting confirmed that the inflation target has not been achieved and that hikes will be measured. FX official unimpressed by volatile yen
It was a busy week for major central bankers with two major banks altering interest rates. Gold issues a bearish warning, sterling appears deflated and USD reclaims losses
This article analyzes the outlook for the U.S. dollar, focusing on three of the most traded currency pairs: EUR/USD, USD/JPY and GBP/USD. Key tech levels worth keeping an eye on in the coming days are discussed in depth.