The sterling is now accelerating its daily decline vs. the greenback, relegating GBP/USD to trade in 3-week lows near 1.5230. GBP/USD much weaker post-Carney, BoE The pound has been hammered as the BoE has removed any hopes of an early rate hike at today’s meeting...
AUD/USD advanced to fresh daily high at the beginning of the American session as the greenback weakened somewhat following the release of soft US data...
The US Dollar Index, which tracks the greenback vs. its main rivals, is now trading almost unchanged, retracing the earlier spike to the 98.20 area. US Dollar in 3-month peaks The index is looking to consolidate the recent advance to the 98...
Gold prices recovered losses in the US session after a batch of weak US data, but gains remained muted ahead of Friday’s non-farm payrolls...
GBP is underperforming following the BoE’s Super Thursday (decision/statement/minutes/Inflation Report) with a less hawkish shift hinting to the emergence of a gap between the normalizing Fed and a BoE that appears set to remain on hold for longer than previously expected, said Eric Theoret, FX S...
According to the results of today's #BOE meeting, pessimistic #market participants intensified. This led to a sharp decrease in #GPBUSD #quotations. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The sale position in #Gold remains relevant amid a continuing downward #trend. The red Alligator's line has dropped to 1127.52, ensuring a final positive result. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The upside momentum in the USD/JPY pair stalled at 122.00, making way for a fall back to 100-DMA at 121.76 levels. USD pares gains on uptick in jobless claims The USD pared gains after the last week’s jobless claims in the US printed at 276K compared to the expected print of 262K...
The Bank of England in its November inflation report highlighted that the U.K. economy will take a serious blow if China suffers a hard landing...
GBPUSD: GBP tumbled further lower during Thursday trading session leaving risk of more weakness on the cards. It now eyes a move lower towards its nearby support located at the 1.5241 level. On the downside, support lies at the 1.5200 level with a break of here turning attention to the 1...
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#Copper fell to its lowest in 5 weeks levels amid the rally of the U.S. #dollar. A stronger dollar reduces demand for all dollar-denominated #assets, which include copper, and other raw materials, the purchase of which becomes more expensive for #investors...
With commodity prices hovering near lows and the Federal Reserve promising it would raise its benchmark interest-rate target in December, the medium-term outlook for South American currencies is modestly dull, - analysts at Brown Brothers Harriman believe...
Trading recommendations and Technical Analysis – HERE! In anticipation of the December Fed meeting, and at strengthening the opinion of market participants to raise the interest rate on it, the US dollar is gaining momentum all over the market...
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EUR/USD: bearish breakdown or intra-day bullish reversal. The price for M30 timeframe is located below 100 period SMA (100 SMA) and below 200 period SMA (200 SMA) for the bearish market condition...
For today R4 - 1.3431 / R3 - 1.3372 / R2 - 1.3310 / R1 - 1.3280 SPOT 1.3156 S1 - 1.3035 / S2 - 1.2969 / S3 - 1.2936 / S4 - 1.2895 LONG 1.3150 FOR 1.3450, STOP 1.3030 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
A downward movement in #EURUSD continues and the U.S. dollar feels itself very good in tandem with other #currencies. It is recommended to add to sales positions when the #price is close to the #trend line. Find out more by checking out the Source Link...
