Major resistance at 1.3515 is likely out of reach for now – UOB Group
[ad_1] Strong momentum suggests further Pound Sterling (GBP) strength; the major resistance at 1.3515 is likely out of reach for…
Category: Forex News
CAD maintains ground against the USD ahead of jobs data – Scotiabank
[ad_1] The Canadian Dollar (CAD) is a marginal outperformer on the day among the major currencies (along with the MXN)…
Dovish Fed talk weighs on USD as markets rally – BBH
[ad_1] US Dollar (USD) is trading heavy while equity markets continue to edge higher as Fed officials are sounding more…
GBP/USD jumps as BoE delivers hawkish cut, US jobless claims climb
[ad_1] Bank of England cuts rates to 4% in 5–4 vote, signaling careful easing pace. Hawkish tone in BoE statement…
Current price movements are likely part of a 0.6450/0.6555 – UOB Group
[ad_1] There is scope for Australian Dollar (AUD) to test 0.6520 before a pullback can be expected. In the longer…
AUD/USD gains sharply to near 0.6540 on robust Australian Trade Balance data
[ad_1] AUD/USD advances to near 0.6540 on upbeat Australian Trade Balance data for June. Investors expect the RBA to cut…
BoE set to cut rates as UK faces stagflation pressures – BBH
[ad_1] GBP is firmer versus USD but weaker against EUR. In our view, stagflation headwind in the UK threatens further…
Unlikely to be able to reach 0.5960 – UOB Group
[ad_1] New Zealand Dollar (NZD) could advance further but is unlikely to be able to reach 0.5960. In the longer…
USD/CNH steady as China trade surges before tariff deadline – BBH
[ad_1] USD/CNH is stable under key resistance at 7.2000, BBH FX analysts report. China export boom driven by ASEAN, EU…
Path for rates has become more uncertain
[ad_1] Bank of England (BoE) Governor Andrew Bailey delivers the Monetary Policy Report and responds to questions from the press…