GBP/USD Declines Below 1.2600 Amid Recent USD Buying and UK Holiday. Introduction In the ever-volatile world of forex trading, the GBP/USD currency pair finds itself in the midst of a
Before the US CPI inflation data, the EUR/USD reaches monthly highs above 1.0800. FUNDAMENTAL OVERVIEW Following an unexpected increase to -8.5 in June in Germany’s Economic Sentiment, the EUR/USD is
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U.S. Dollar Gains Ground as Rate Hike Expectations Grow Introduction In early European trading, the U.S. dollar saw a slight decline, but it remained on track for its third consecutive
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GBP/USD has come under renewed bearish pressure and declined below 1.2100 in the early European morning on Wednesday. The UK’s ONS reported that the annual CPI declined to 10.1% in
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USD/JPY reverses an intraday dip to a fresh weekly low, albeit lacks follow-through. A mildly positive tone undermines the safe-haven JPY and lends support to the pair. Bets for smaller
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USDZAR Technical Analysis: Weekly Chart In the weekly charts, USDZAR is trading in an up channel. USDZAR is currently trading above all SMA except MA (5). RSI is in the
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US Dollar Index is trading up 0.21% at 112.32 The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. government agreed to water
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USDCAD is trading up 0.03% at 1.2572 The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada’s economic outlook and the Bank of Canada
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EURUSD is trading below 0.46% at 1.0588 The euro fell below $1.06 for the first time in five years against a broadly strong U.S. dollar on Wednesday amid rising concerns
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EURNZD Technical Analysis: Weekly Chart In the weekly charts, EURNZD is trading in a down channel. It is trading below all SMA. The immediate support is 1.5906 & the resistance
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