WTI Crude Technical: Weakness Prevails Below US$64.36/Barrel as Geopolitical Risk Premium Fizzles Out
[ad_1] The price actions of the West Texas Oil CFD (a proxy for the WTI crude futures) have declined by…
Category: Currency Analysis
Dollar Needs a Global Shock to Revive
[ad_1] Political crises in France and Japan have undermined the strength of the US dollar’s main competitors, the euro and…
Gold Vulnerable to Sell-the-Fact Pattern Next Week
[ad_1] Gold reacts strongly to geopolitics and has reached another record high, rising for the fourth week in a row.…
ECB officials stress uncertainty, keep options open after rate hold
[ad_1] Several ECB policymakers weighed in after the Governing Council held deposit rate steady at 2.00% yesterday. Latvian member Martins…
UK inflation expectations rise, BoE survey shows
[ad_1] The BoE/Ipsos Inflation Attitudes Survey showed UK households nudging inflation expectations higher. Median expectations for inflation over the next…
GBP/JPY Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 199.30; (P) 199.68; (R1) 200.21; More… Range trading continues in GBP/JPY and intraday bias stays neutral.…
AUD/USD Technical: Bullish Breakout Above 0.6700 Major Resistance After Minor Pull-back as US Consumer Sentiment Looms
[ad_1] The price actions of the AUD/USD have indeed jumped as expected; it rallied by 1.2% to record an intraday…
EUR/USD Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 1.1682; (P) 1.1714; (R1) 1.1766; More… Intraday bias in EUR/USD remains neutral as range trading continues…
EUR/CHF Daily Outlook – Action Forex
[ad_1] Daily Pivots: (S1) 0.9330; (P) 0.9343; (R1) 0.9351; More…. Intraday bias in EUR/CHF stays neutral for consolidations above 0.9313.…
Risk-On Momentum Builds, Aussie Shines
[ad_1] Risk-on sentiment gripped markets on Friday, driving the Nikkei to fresh record highs in Asia after Wall Street’s main…