Euro Ahead of Euro Area GDP, FOMC Minutes: EUR/USD, EUR/AUD, EUR/GBP Price Setups
EUR is testing key levels against some of its peers ahead of the release of Euro area GDP data (due later today) and the FOMC minutes (due Thursday). What is…
Read More »British Pound (GBP) Forecasts: GBP/USD and EUR/GBP After BoE Hike
The British Pound is marginally lower against both the US dollar and the Euro on the week after the latest BoE policy decision saw the terminal Bank rate outlook trimmed.
Read More »British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action
The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How…
Read More »EUR/GBP climbs confidently above 0.8800 as UK inflation cements more rate hikes from BoE
The EUR/GBP pair has scaled above the round-level resistance of 0.8800 firmly in the Asian session. The cross has crawled above the aforementioned res
Read More »EUR/GBP gathers strength for a break above 0.8770 as BoE to cut rates sooner
The EUR/GBP pair is making efforts in extending its recovery above the immediate resistance of 0.8770 in the Asian session. The cross witnessed a stel
Read More »Exotic Currency Pairs: Examples, Risks and Strategies
The forex market is the biggest industry in the financial market, with trillions of dollars being traded on any given day. It is significantly bigger than the stock, commodities, and…
Read More »Market Update – December 19 – Covid outweighs Reopening
The USD Index is hovering around 104.00 bottom, despite the renewed rise in the Treasury yield. Global stock markets made a wobbly start to the final full trading week of…
Read More »Forexlive Americas FX news wrap: Greenback falls the most this week since March 2009
<ul><li><a href="https://www.forexlive.com/news/us-stocks-close-higher-on-the-day-close-out-a-stellar-week-for-the-major-indices-20221111/" target="_blank">US stocks close higher on the day. Close out a stellar week for the major indices.</a></li><li><a href="https://www.forexlive.com/technical-analysis/crude-oil-settles-the-week-at-8896-20221111/">Crude oil settles the week at $88.96</a></li><li><a href="https://www.forexlive.com/technical-analysis/sp-index-trades-at-4000-20221111/">S&P index trades at 4000</a></li><li><a…
Read More »EUR/GBP advances towards 0.8900 as focus shifts to ECB Lagarde’s speech/UK data
The EUR/GBP pair is juggling around 0.8850 in the Tokyo session after a sheer upside move. Earlier, the asset delivered a north-side break of the week
Read More »EUR/GBP Price Analysis: Climbs towards weekly highs above 0.8500, but finishes around 0.8480s
The EUR/GBP advances to fresh weekly highs, above the 100-DMA, erasing Thursday’s losses as Wall Street finishes the week in the green, falling betwee
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