All Blogs
USD/JPY Upside Could Extend to 112 – Westpac According to strategists at Westpac, the current upside in the pair could reach the 112.00 area. Key Quotes “Last week we shifted back to a neutral bias and maintain that view this week”...
EUR/USD Stages Short-Lived Bounce Attempt, Turns Back South EUR/USD has fallen to fresh monthly lows on Wednesday amid a stronger US dollar, as investors digest yesterday’s strong US CPI and hawkish comments from Fed members. EUR/USD fell to a low of 1...
GBP/USD Bullish Momentum Continues, 1.4600 a Whisker Away The GBP/USD pair kept its momentum going after GBP bulls got a boost from the latest 'Brexit' poll results, lifting the pair to the vicinity of 1.4600 handle. At the time of writing, the pair was trading at 1.4590, up 0...
USD/JPY Keeps Highs Near 109.60 The Japanese Yen remains on the defensive vs. the greenback today, taking USD/JPY to the 109.60 area, challenging daily highs...
FxWirePro: Stern Strength in Crude, Cyclical Asymmetric Reactions Bid Longs in MXN and RUB - Hedging Perspectives Despite the strong dynamics in Brent crude, staggering close to the USD50/bbl mark, upside risks for DXY and the asymmetric reaction to a re-pricing of Fed hikes could weigh on the on...
FxWirePro: NZD/JPY Stiff Resistance at 74.50, Breaks Above Could See Further Upside NZD/JPY stiff resistance at 74.50, further gains only on break above. RBNZ Q2 2-year inflation expectations gauge weighed negatively on the sentiment around the NZD...
U.S. Government Bonds Slide on FED Rate Hike Expectations The U.S. government bonds continue to trade lower on Wednesday after reading strong April consumer price index and hawkish comments from Federal Reserve officials...
AUD/USD Falls Below 200-Day SMA The Australian dollar is among the worst performers on Wednesday, having fallen below the 200-day SMA in recent dealings. AUD/USD slid to a fresh low of 0...
EUR/GBP Takes a Spiral Below 0.7750 Level The EUR/GBP pair took a sharp knock to 0.7745 after the British Pound witnessed a sudden bout of buying interest on increasing odds of staying in the EU...
USD: Is the Currency Oversold? - Rabobank Jane Foley, Research Analyst at Rabobank, suggests that the futures are implying a stronger risk of a US rate hike this year on the back of yesterday’s slew of hawkish commentary from Fed officials...
The long position in #USDJPY remains relevant. Trading continue to be maintained in a very narrow range prior to the Fed meeting minutes. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
EUR/USD: Bounce Limited, Downward Risk Prevails EUR/USD Current Price: 1.1283 The dollar traded broadly higher across the board during the Asian session, fueled by hopes that upcoming FOMC's Minutes will shed some light over the upcoming US rate hike, and whether if June remains on the table...
We've closed the sale of #Gold after the signal of the red Alligator's line crossing. Currently, we have two pending orders at the levels of the closest relevant fractals. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Short Covering Lifts GBP/USD Beyond 1.4550 Level A sharp short squeeze rally assists the GBP/USD pair to break through the 1.4530-40 resistance and climb higher to 1.4564 as the 'Remain' camp hold their lead in the latest poll results...
USD/CAD in Highs Closer to 1.3000 The greenback is trading on a firmer footing vs. its Canadian counterpart on Wednesday, with USD/CAD posting peaks above 1.2980...
GBP/JPY Seems to Build on to Its Strength above 159.00 Handle Extending its bid tone through the European trading session, the GBP/JPY pair got a boost from the latest 'Brexit' polls results, lifting the pair to 159.00 handle...
Can Japanese Policy Weaken JPY? – Nomura Research Team at Nomura, suggests that after the sharp JPY depreciation owing to disappointment from the BOJ, USD/JPY has stabilised around 109, the level before expectations of a BOJ easing increased because of a media report...
EUR/USD Off Lows, Retakes 1.1280 ahead of FOMC The shared currency keeps the negative tone today, with EUR/USD meandering around the 1.1280/85 band ahead of the FOMC minutes. EUR/USD attention to FOMC The pair has managed to rebound from earlier lows in the mid-1...
EUR/GBP Nose-Dives to a Fresh Three-Week Low The EUR/GBP pair extended its slide further below 0.7800 handle after the latest 'Brexit' poll results showed 'Remain' camp holding their lead...
