Forex

GBP/USD Finds Strong Support at 1.38, But Bearish Bias Persists

The GBP/USD pair failed found strong support at the 1.38 area in the last couple of weeks. It keeps trying…

Jul 16, 2021, 10:39 BST

AUD/USD Must Stay Above 0.7400 to Preserve Upside Bias

The AUD/USD fell 0.77% on Thursday after mixed Australian employment data and underwhelming GDP figures from China weighed on sentiment.…

Jul 15, 2021, 23:14 BST

EUR/USD: 1.19 Remains Evasive Ahead of Eurozone’s Inflation Data

EUR/USD is trading sideways as investors await inflation data from the US and Eurozone. Analysts expect Eurostat to release a…

Jul 15, 2021, 21:40 BST

GBP/USD: Prospects for Recovery As BoE Considers Tapering

Bulls truncated intraday losses on the GBP/USD after Bank of England policymaker Michael Saunders said the BoE might stop its…

Jul 15, 2021, 17:49 BST

EUR/USD Bearish Bias Persists While Below 1.19

The EUR/USD pair is the most popular on the FX dashboard. It reflects the differences between the monetary policies in…

Jul 15, 2021, 12:30 BST

GBP/USD Forecast Ahead of the UK Employment Data

GBP/USD has erased some of Wednesday’s gains as investors now shift their focus to the UK jobs data. In the…

Jul 15, 2021, 05:49 BST

USD/TRY Trades Lower As CBRT Leaves Interest Rates Unchanged

The Central Bank of the Republic of Turkey (CBRT) has, as expected, left the 1-week repo rate unchanged at 19%.…

Jul 14, 2021, 19:35 BST

USD/CAD: What to Expect in Light of the BoC Interest Rate Decision

USD/CAD is trading sideways as investors eye the BoC interest rate decision scheduled for later in the day. The central…

Jul 14, 2021, 12:44 BST

GBP/USD:1.3800 as the Pivot Ahead of UK Inflation Data

GBP/USD is finding support at 1.3800 as investors wait for further cues from the UK inflation data. Economists expect the…

Jul 14, 2021, 03:23 BST

Why is the USD/CAD Rising Today Along With Consumer Inflation? Here’s Why

The USD/CAD is trading higher today and has maintained the intraday bullishness after the US Bureau of Labor Statistics reported…

Jul 13, 2021, 14:24 BST