U.S. stock futures on Friday were mostly lower, with the Dow and S&P 500 headed for weekly declines, as investors continue to digest the Federal Reserve's updated outlook for the economic recovery from COVID and inflation. Read full article
GBP / USD maintains positive long-term momentum, trading in the zone above the long-term support level of 1.3660 (see also "Fundamental Analysis and Recommendations" ) . Corrective decline may continue up to support levels 1.3790, 1.3660. A breakdown of the… Read full article
The AUD/USD pair came under strong bearish pressure in the second half of the week and suffered heavy losses on Wednesday and Thursday despite the upb Read full article
EUR/US’s deep pullback met some contention just below 1.1900 the figure so far on Friday, clinching new 2-month lows. The loss of the 200-day SMA (1.1 Read full article
AUD/USD is testing below its 2021 lows and 200-day average at 0.7552/31. Below this area, the aussie would complete a major top to turn the medium-ter Read full article
The relief rally continued on Thursday for the Nasdaq as the index outperformed all others and set a new record high on the day. The Fed has calmed in Read full article
EUR/JPY so far manages to regain some composure and rebounds from earlier multi-week lows in the 130.80 region. The continuation of the downside is se Read full article
USD/CAD has closed clearly above the 55-day average at 1.2265, which hadn’t been sustainably breached previously this year. As the Credit Suisse analy Read full article
The GBP/JPY cross recovered a major part of its early lost ground to five-week lows and was last seen trading with only modest losses, around the 153. Read full article
GBP/USD is struggling to hold onto 1.39. According to the Credit Suisse analyst team, cable should see weakness extend further, with next support seen Read full article
The USD/CHF pair held steady near two-month tops through the first half of the European session, with bulls now awaiting a sustained move beyond the 0 Read full article
Stocks in Europe and U.S. futures indicated a flattish session ahead for markets as investors weighed up a perceived hawkish shift by the Fed. Read full article
EUR/JPY weakness has accelerated dramatically also and its “measured top objective” at 131.10 has already been achieved. Economists at Credit Suisse s Read full article
The single currency remains under pressure despite the recovery attempt on Friday, with EUR/USD hovering around the 1.1900 neighbourhood following the Read full article
The GBP/USD pair dropped to fresh multi-week lows, around mid-1.3800s during the early European session, albeit quickly recovered few pips thereafter. Read full article
The dramatic sell-off for EUR/USD continues post the FOMC as the market accelerates further following its conclusive break of its key 200-day average Read full article
NZD/USD has broken key support levels, with the next level at 0.6945, below which would mark an important break lower and change of trend. But over th Read full article
The NZD/USD pair maintained its offered through the early European session and was last seen hovering around the 0.6975-70 region, or the lowest level Read full article
The shift in the Fed's approach is undoubtedly significant and justified a large move in the dollar. EUR/USD is already more than 200 pips below pre-d Read full article
The US Dollar continues to surge higher across the board. AUD/USD stands out with a drop toward 0.75, changing hands at the lowest since December. The Read full article
The US dollar has been extending its gains in response to the Federal Reserve's decision back on Wednesday. Subsequently, the GBP/USD pair is dropping Read full article
EUR/USD slips to the 2020-21 uptrend line and 55-week moving average at 1.1907/1.1877. This zone is expected to hold on Friday. On the contrary, the 1 Read full article
The US dollar continues to surge higher across the board. The USD/CHF pair has rallied to the 0.9181 late April high above which is the 0.9199/0.9214 Read full article
The USD/JPY pair refreshed daily lows heading into the European session, with bears now looking to extend the corrective pullback further below the ke Read full article
Further gains in USD/JPY are likely beyond the 110.60 level, noted FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighted yesterday tha Read full article
After a brief bounce in the Asian trades, AUD/USD has resumed the downside towards 0.7550, reaching the lowest levels since December 2020. The aussie Read full article
USD/CAD continues to push higher in the early European trading hours. The pair posted gains for the third straight session. This is the lowest level f Read full article
US dollar strength continued as the market adjusted to the Fed’s more hawkish guidance. Strong NZ GDP data failed to support the kiwi. Economists at Read full article
Here is what you need to know on Friday, June 18: The dollar has been extending its gains in a long reaction to the Fed, sending AUD/USD to new yearly Read full article
AUD/USD could slip back to the 0.7500 area in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “While our expectation f Read full article
In opinion of FX Strategists at UOB Group, Cable could move into a consolidative phase in the short-term horizon. Key Quotes 24-hour view: “While we e Read full article
The appreciative move in the US dollar keeps GBP/USD under pressure on the last trading day of the week. The pair broke the broader consolidating rang Read full article
UOB Group’s FX Strategists noted EUR/USD risks further decline in the near term. Key Quotes 24-hour view: “We expected EUR to ‘weaken further’ yesterd Read full article
EUR/USD flirts with intraday top surrounding 1.1925, recently easing to 1.1920, amid the first positive day in three, up 0.10% on a day, heading into Read full article
Hi all I like to think that I have a pretty solid understanding of technical analysis and am curious of getting into more of the forex markets. I’m curious as to know your guys’ experience with the forex markets in… Read full article
USD/JPY pays a little heed to the Bank of Japan’s (BOJ) monetary policy announcement on early Friday. That said, the yen pair holds lower ground above Read full article
EUR/JPY accumulates minor gains on Friday in the Asian trading hours. The pair fell sharply from the high of 132.90 in the previous session to close n Read full article
GBP/USD snaps three-day downtrend to early May lows while staying firmer around 1.3935 amid the initial Asian session trading on Friday. In doing so, Read full article
Early on Friday, around 03:00 AM GMT, the Bank of Japan (BOJ) will provide the decision of its routine monetary policy meeting. Following the rate dec Read full article
NZD/USD is trading at 0.7006 and flat n the day as traders wind down for the weekend following a turbulent and busy past few sessions surrounding both Read full article
AUD/NZD treads water in the Asian session. The pair opened at the higher level, albeit fizzling out rather quickly to touch the swing low at 1.0767. A Read full article
EUR/GBP remains on the back foot, despite the recent bounce off intraday low, during the third daily downside amid Friday’s Asian session. In doing so Read full article
The buying pressure in the US dollar keeps USD/CHF higher in the Asian session on Friday morning. The pair touched the multi-month high in the previou Read full article
AUD/USD remains sidelined around 0.7550, edges lower of late, during Friday’s Asian session. In doing so, the Aussie pair portrays a corrective pullba Read full article
USD/JPY fades early Asian bounce but prints mild gains amid sluggish start to Friday’s Tokyo trading. The reason could be linked to the mixed performa Read full article
USD/CAD edges lower around 1.2345, down 0.10% intraday, amid Friday’s Asian session. The Loonie pair jumped to the highest since April 28 the previous Read full article
GBP/USD snaps three-day downtrend to early May lows while staying firmer around 1.3935 amid the initial Asian session trading on Friday. In doing so, Read full article
The GBP/JPY price edges higher on the last trading day of the week. The cross managed to close above the 153.60 mark after it tested a low of 153.14 i Read full article
The NZD/USD pair edges higher in the initial Asian session on Friday. The pair continues with its downside momentum since the beginning of the month, Read full article
EUR/USD remains pressured around 1.1910, after breaking a multi-day-old support line the previous day, during early Friday morning in Asia. The pair’s Read full article
Despite recovering by the day’s end, US shares closed mixed on Thursday as markets digest the Fed’s rate hike signals. Even so, downbeat inflation exp Read full article
AUD/USD holds lower ground near 0.7550-55 amid a sluggish start to Friday’s Asian session. In doing so, the Aussie bears take a breather around the ye Read full article
GBP/USD bears seeking a break of the 1.3890 for 1.36 area targets. US dollar is not letting up on hawkish Fed hold. All eyes will turn to the BOE next Read full article
Demand by banks and others using the Federal Reserve's overnight reverse repo program surged to a new $755.80 billion record high on Thursday, a day after the central bank bumped up how much it pays on parked cash. Read full article
USD/JPY was ending on Wall Street down 0.4% to 110.26 having attempted to correct from the 110.16 lows after falling from a high of 110.82. The yen st Read full article
What you need to know on Friday, June 18: The American currency extended its gains against most of its major rivals, except the JPY, which strengthene Read full article
Barclays economists are anticipating the Federal Reserve will begin tapering its asset purchases as soon as this year, moving up their previous forecast after the Federal Open Market Committee meeting concluded Wednesday. Read full article
The AUD/USD pair extended its slide after posting heavy losses on Wednesday and dropped to its lowest level since April 1 at 0.7539 on Thursday before Read full article
The U.S. dollar is on fire, surging higher after the Federal Reserve signaled a more hawkish tone at its June policy meeting and appeared to spur a rethink of the currency's path in 2021. Read full article
GBP/USD is currently trading at 1.3924 and down around 0.4% in the afternoon New York session attempting to correct the steep bearish decline. Cable h Read full article
After a brief consolidation pause, the EUR/USD resumed the downside and broke under 1.900, falling to 1.1890, the fresh two-month low. The pair has no Read full article
