Pound Sterling Price News and Forecast: GBP/USD technical rebound could be in the offing
Having tested levels below 1.1900 a week ago, GBP/USD lost further ground and hit a new 28-month low of 1.1760 amid a combination of factors that work
Read More »GBP/USD steady around 1.3340 amid a risk-off market mood
The British pound recovers from earlier losses during the day, despite risk-of-market sentiment clouding the financial markets due to discovering a ne
Read More »AUD/USD Rises Post-FOMC as Australian Trade Data Approaches
The Australian Dollar is on the move higher against the US Dollar despite a hawkish FOMC signal. Australian trade data is in focus for today's APAC session.
Read More »NZD/USD Outperforms as RBNZ Rate Bets Tighten, Business PMI Improves
The New Zealand Dollar is receiving strong inflows against the US Dollar as traders price in a more aggressive rate hike path for the RBNZ. Chinese FDI data is slated…
Read More »Pound Sterling Price News and Forecast: GBP/USD keeps pullback from 200-SMA
GBP/USD edges lower around 1.3770 during Thursday’s Asian session, after stepping back from 200-SMA the previous day.
Read More »Pound Sterling Price News and Forecast: GBP/USD pressured by bears at critical support
At the time of writing, GBP/USD is trading at 1.3736 between a range of 1.3718 and 1.3782 and around flat on the day. It is really more of a US…
Read More »AUD/USD Gains on Reflation Trade While RBNZ News Dispatches AUD/NZD Lower
The Australian Dollar is pushing into fresh highs versus the Greenback, but RBNZ news is bolstering the New Zealand Dollar, with AUD/NZD moving sharply lower.
Read More »Forexlive Americas FX news wrap: USD falls to end the week
Forex news for North American trading on February 19, 2021 The USD was the weakest currency at the close of yesterday and it continued the move to the downside today. Although it…
Read More »Australia Trade Balance for Dec AUD+6,785 mln vs 5022 prior, AUD firm
AUSTRALIA DEC BALANCE GOODS/SVCS A$+6,785 MLN, S/ADJ 03-Feb-2021 18:30:00 – AUSTRALIA DEC GOODS/SERVICES EXPORTS +3 PCT M/M, SEASONALLY ADJUSTED 03-F
Read More »USD Price Outlook: US Dollar Sinks as Euro Rallies to 1.2300
USD price action weakened broadly on Wednesday and sent the US Dollar Index plunging to fresh yearly lows as the Euro extended its rally to the 1.2300-level.
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