Category: Forex

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EUR/USD Forecast: Correction time? Overbought conditions and ECB uncertainty may trigger a downfall

EUR/USD Forecast: Correction time? Overbought conditions and ECB uncertainty may trigger a downfall

EUR/USD has hit the highest levels since February in response to weak US labor figures. Contradicting messages from ECB members on the next moves ma [...]
EUR/USD: Contradicting messages from ECB members to weigh on the euro

EUR/USD: Contradicting messages from ECB members to weigh on the euro

EUR/USD has hit the highest levels since February in response to weak US labor figures. Overbought conditions and ECB uncertainty may trigger a downfa [...]
Ether bursts past $4,000, other cryptos firm

Ether bursts past $4,000, other cryptos firm

Cryptocurrency ether broke past $4,000 on Monday, climbing to a new peak for a third session in a row on bets it may find new uses, lifting other digi [...]
Dollar Weakness; Payrolls Could Delay Fed Tapering

Dollar Weakness; Payrolls Could Delay Fed Tapering

The dollar edged lower in early European trade Monday, continuing its weakness after falling to a two-month low on the back of Friday’s disappointing [...]
Sterling on track for weekly gains after election, BOE

Sterling on track for weekly gains after election, BOE

Sterling was a touch higher versus the dollar and steadied against the euro on Friday, but was on track for weekly gains against both as traders watch [...]
USD/CNH: Risk now shifted to the downside – UOB

USD/CNH: Risk now shifted to the downside – UOB

USD/CNH now risks further pullbacks, although a strong support emerges at 6.4400, comment FX Strategists at UOB Group. Key Quotes 24-hour view: “T [...]
AUD/USD to target the end of February high at 0.8007 above 0.7849 – Commerzbank

AUD/USD to target the end of February high at 0.8007 above 0.7849 – Commerzbank

AUD/USD stays bid above trendline support at 0.7665. Once the 0.7849 mid-March high is cleared, the aussie is set to test the end of February high at [...]
USD/TRY: Off weekly highs, holds above 8.30 ahead of Turkish central bank decision

USD/TRY: Off weekly highs, holds above 8.30 ahead of Turkish central bank decision

USD/TRY eases off weekly highs ahead of the key CBRT rate decision. The CBRT to hold rates at 19% for the second meeting in a row. The central bank [...]
EUR/USD se to retake the 1.2150 mark – Commerzbank

EUR/USD se to retake the 1.2150 mark – Commerzbank

EUR/USD came under pressure on Wednesday. Today, markets are in consolidation mode, with EUR/USD hovering around 1.20. Karen Jones, Team Head FICC Tec [...]
Dollar Higher; Yellen Raises Interest Rate Hike Concerns

Dollar Higher; Yellen Raises Interest Rate Hike Concerns

The dollar pushed higher Wednesday, boosted by talk of higher U.S. higher interest rates while a selloff in tech stocks raised its safe haven appeal. [...]
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