EUR/GBP Price Analysis: Fades bounce off 50-DMA around 0.8550
EUR/GBP struggles for clear direction around 0.8550, fading the previous day’s bounce off 50-DMA during early Wednesday. Earlier in the week, the quot
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Overnight Headlines *US stocks extended their streaks of record high closes to six sessions *USD made three-week highs on a cautious BoE *US 10-year Treasury yields dopped to their lowest…
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Overnight Headlines *US futures lower after Apple and Amazon earnings disappointment *USD wallows near one-month low, strong euro and stock rally weigh *Oil set for first weekly drop since August…
Read More »EUR/GBP clings to gains above 0.8450 as Brexit woes cloud the GBP again
The EUR/GBP edges higher as the New York session progresses, gains almost half percent, trading at 0.8461 during the day at the time of writing. In th
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Overnight Headlines *US stocks ended mixed, S&P500 posted a record closing high *USD fell against most of its peers, but remains above 93.50 *US 10-year Treasury yield hits new cycle…
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Overnight Headlines *US stocks rebounded as tech bounced back, Vix inched lower *USD broadly firmer with yields pushing to new cycle highs *RBNZ hiked by 25bps as expected, market…
Read More »Oil continues upwards, bond yields higher too
Overnight Headlines *USD hovers around recent highs after second straight day of gains *US stocks were mixed with the Nasdaq underperforming *Oil is higher for a sixth straight day, through…
Read More »Hawkish hold by Fed, BoE up next
Overnight Headlines *USD near one-month highs after choppy FOMC session *US stocks rallied on easing Evergrande concerns *The Vix dropped close to 20 as market jitters reduced USD was choppy…
Read More »EUR/GBP struggles below 0.8600, Eurozone PMI, Bank of England eyed
EUR/GBP holds onto the previous day’s U-turn from the monthly peak near 0.8580 during the Asian session on Thursday. Even so, the cross-currency pair
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Overnight Headlines *USD closed higher last week, rising versus most of its peers on Friday *US stocks settled lower as inflation fears resurfaced *Oil is trying to break out higher,…
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