USD Wobbles After Softer GDP Report Details
The US Q2 GDP remained unchanged at 2.1% but the GDP deflator and consumer spending were revised considerably lower Full Article
Buying the Retreat in EUR/GBP at MAs
EUR/GBP retreated from above 0.87 yesterday again and we decided to buy this pullback for the second time Full Article
GBP/USD Faces Decline Amidst Strong US Economic Data and Hawkish Fed Stance
The GBP/USD pair persists in its downturn that initiated on September 20, registering figures beneath the 1.2150 mark during Wednesday's Asian trading window. Full Article
EUR/GBP Retreats on Dovish ECB Comments About Eurozone Economy
EUR/GBP has reversed from above 0.87 as the Euro resumes decline on softer economic indicators and dovish ECB comments Full Article
Forex Signals Brief September 25: Attention Shifts to Inflation This Week
Last week the attention was on the economic data, while this week traders will be focused on CPI consumer inflation data Full Article
GBP/USD Dynamics: The Interplay of Hawkish Stances and Yield Curves
The GBP/USD duo is currently experiencing limited fluctuations during the Asian trading session this Monday, reflecting upon its recent descent to levels last witnessed in late March. Full Article
GBP/USD Below 1.23 After BOE Holds Rated Steady
GBP/USD extends the decline after the BOE decided to hold interest rates at 5.25%, against expectations of a 25 bps hike Full Article
GBP/USD Wavers Amidst Prevailing Economic Signals
The GBP/USD duo faces challenges in maintaining the modest recovery noted the previous day from a near half-year low of 1.2230, demonstrating subdued movement during Friday's Asian session. Full Article
GBP/USD to Move Toward 1.20 As Inflation Keeps Softening
GBP/USD sticking to last week's lows despite a small jump in consumer inflation in August, indicating that the price will head toward 1.20 Full Article
GBP/USD Falters Amidst Central Bank Anticipation; What Lies Ahead?
The GBP/USD currency pair struggles to find momentum, hovering near its early June nadir, observed on Monday. Full Article
The BOE Expected to Follow the ECB with A Dovish Hike
The Bank of England is expected to deliver the last rate hike of 25 bps, but they will likely soften their rhetoric for the future policy Full Article
The Ultimate Test at the 200 Daily SMA for GBP/USD, After Breaking 1.2450
GBP/USD broke below the 1.2450 support and resistance level last week, but it is facing the 200 daily SMA now Full Article
Commodity Dollars Looking at Chinese Data for Direction
The sentiment for commodity dollars improved yesterday which has sent them higher and today's data from China should send them higher Full Article
GBP/USD Demonstrates Tenacity Below 1.2400; Market Dynamics Point to Stronger USD
The GBP/USD currency pair, exhibiting fortitude below the 1.2400 threshold, has managed to draw investors during Friday's Asian trading window. Full Article
USD Jumps After Another Impressive Round of Economic Data
The USD has resumed the bullish trend again as the economic data remains upbeat, showing no signs of an upcoming recession Full Article