Economists at Commerzbank expect the British Pound (GBP) to weaken medium term as the Bank of England will continue to act hesitantly. The BoE remains too hesitant…
USD Index Price Analysis Downside pressure alleviated above 103.50
DXY attempts a decent recovery following Friday’s post-Payrolls sharp retracement to the 102.20 region. While further consolidation appears likely in the very near term, the continuation…
NZDUSD rises back above 0.6200 on a weaker US Dollar
NZD/USD climbs back above 0.6200 on Friday as the US Dollar (USD) weakened due to a softer-than-foreseen jobs report in the United States (US), which…
EURJPY was rejected at the 20-day, still set for further downside
At the end of the week, the EUR/JPY traded with losses for a fourth consecutive day, falling to 155.40 and tallying a weekly loss of…
EURGBP to gradually move higher, reaching levels around 0.88 or even 0.90 by year-end Nomura
Economists at Nomura expect EUR/GBP to advance nicely toward 0.88 and possibly 0.90 by the end of the year. UK CPI could surprise on the downside in…
The US Dollar jumpstarts have broken week in the green
The US Dollar (USD) starts the week in a good mood after its lackluster performance on Friday following US Personal Consumer Expenditures (PCE) numbers. Markets…
USDINR to trade at the lower end of thise 81-83 range in the medium term – Commerzbank
USD/INR has held mostly within a narrow 81-83 range since the start of the year. Economists at Commerzbank see the pair rather at the lower…
EURUSD fades the earlier advance to 1.1090 ahead of ECB
EUR/USD now erodes part of the recent upbeat tone and retreats to the mid-1.1000s following an earlier fruitless attempt to test 1.1100 the figure in the…
AUDUSD eases from over one-week high, still well bid just below 0.6700 mark
The AUD/USD pair retreats a few pips from over a one-week high touched earlier this Tuesday and trades just below the 0.6700 mark during the…
AUDUSD steady climbs closer to mid-0.6600s, upside potential seems limited
The AUD/USD pair attracts some buyers on the first day of a new week and builds on Friday’s bounce from the 0.6575-0.6570 area, or its…