Ahead of the UK budget, the GBP/USD currency pair declines below the 1.2100 barrier Fundamental Overview GBP/USD is being pulled away from the one-month high it reached on Tuesday due
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EUR/USD remains under pressure and breaches 1.0600. EMU Final inflation figures are next of note in the calendar. Q4 GDP takes center stage in the US docket. Sellers keep the
CADJPY Technical Analysis: Weekly Chart In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which
NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the buying zone which
GBP/USD remains on the defensive for the second successive day amid modest USD strength. Hawkish Fed expectations and the prevalent risk-off mood continue to underpin the Greenback. Expectations that the
CADJPY Technical Analysis: Weekly Chart In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which
USD/JPY attracts fresh buying following a sharp intraday fall to the 129.80 area, or the weekly low. Dovish remarks by the possible BoJ governor candidate weigh on the JPY and
NZDJPY Technical Analysis: Weekly Chart In the weekly charts, NZDJPY is trading in an up channel. NZDJPY is currently trading above all SMA. RSI is in the buying zone which
GBP/USD struggles to capitalize on its modest intraday bounce from a one-month low. Hawkish Fed expectations help limit the downside for the USD and act as a headwind. Speculations that
CADJPY Technical Analysis: Weekly Chart In the weekly charts, CADJPY is trading in an up channel. CADJPY is currently trading above all SMA. RSI is in the buying zone which