BOE Live Coverage: Brexit prevents rate hikes, GBP/USD is watching
The Bank of England would like to raise interest rates as credit is bubbling, wages are rising, and inflation is at a healthy rate. On the other hand, Brexit uncertainty …
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EUR/USD pressured by data, but may be oversold
EUR/USD extends its gradual decline on a growing fundamental divergence. Updated EU Forecasts are in the limelight, and also US jobless claims are of interest. The four-hour chart shows oversold …
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EUR/USD downfall continues gradaully
EUR/USD continues its downward drift, getting comfortable below 1.1400. Data missed on both sides of the Atlantic, but Europe looks worse. The technical picture points to oversold conditions. EUR/USD is …
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EUR/USD: Pressure mounts after losing critical support
EUR/USD continues moving down as the USD moves up. The global slowdown is favorable for the US Dollar. The technical picture turned bearish for the pair. EUR/USD is trading closer to …
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EUR/USD: Bottoming Out; Tactically Bullish For 1.1650 – MUFG
The world’s most popular currency pair dropped from the highs but stabilized. Is it ready to rally? Here is their view, courtesy of eFXdata: MUFG Research discusses EUR/USD outlook and adopts …
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Is EUR/USD ready for a downfall?
EUR/USD is consolidating its losses and seems to drift lower. Markets are digesting the US NFP and bracing for further weak euro-zone data. The technical picture is mixed for the …
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USD/JPY confined to a narrow range below 110
USD/JPY dropped to lower ground following the dovish Fed decision but managed to recover. What levels should we watch in the wake of the new week? The Technical Confluences Indicator shows that …
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NFP Live Coverage – a “payback†month?
After a superb increase of 312K in December, roughly half that number is projected in the first report for 2019. Wages carry expectations for healthy gains: 0.3% m/m and 3.2% …
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3 reasons why EUR/USD lost the highs, all eyes now on the NFP
EUR/USD is consolidating the losses it suffered late on Thursday. The Non-Farm Payrolls is left, right, and center in a turbulent week. The technical picture is balanced after the pair …
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GBP/USD triangle is closing, where will it break to?
GBP/USD is consolidating around 1.31 amid growing Brexit uncertainty. Tension towards the US NFP limits volatility which could erupt later on. The chart shows that cable is trading in a …
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