Forex

EUR/USD: Eyes on ECB’s Forward Guidance in its July Meeting

EUR/USD is range-bound as investors wait for new guidance from the European Central Bank (ECB) on the monetary stimulus. While…

Jul 12, 2021, 21:46 BST

USD/ZAR: Rand Falls As South African Protest Escalate

The USD/ZAR is sharply higher after the Rand was hit by spreading riots following the jailing of former President Jacob…

Jul 12, 2021, 17:04 BST

EUR/JPY Finds Support at 130 Ahead of the Bank of Japan’s Decision

The EUR/JPY cross found strong support at the 130 round number. It is the second time in a row since…

Jul 12, 2021, 12:33 BST

USD/CHF: Franc Soars in Risk-Off Trade As Commerzbank Calls 0.9115/0.9080 Target

The USD/CHF found itself sharply lower on Thursday from a combination of dovish FOMC minutes and risk-off trades that favoured…

Jul 09, 2021, 12:23 BST

USD/CAD Outlook with Canadian Jobs Data in the Horizon

USD/CAD is on a consolidation pattern ahead of the Canadian employment data. Analysts expect 195,000 additional people to have been…

Jul 09, 2021, 08:29 BST

GBP/USD: Will UK GDP Yield a Move Past 1.3800?

GBP/USD is wavering around 1.3800 ahead of the UK GDP data. analysts and investors alike are keen on whether the…

Jul 09, 2021, 05:47 BST

USD/CAD Eases on Rally Ahead of US Oil Inventory Data

USD/CAD has eased on its rally after the higher-than-expected US initial jobless claims. Analysts had expected a reading of 350,000.…

Jul 08, 2021, 15:36 BST

EUR/USD: ECB Adopts 2% Symmetric Inflation Target

The European Central Bank (ECB) has just adopted a symmetric inflation target of 2%, which contrasts with the previously held…

Jul 08, 2021, 13:14 BST

EUR/USD: Bearish Price Action Ahead of the ECB Strategy Review

The euro pairs trade with a weak tone ahead of the ECB Strategy Review to be released later in the…

Jul 08, 2021, 09:06 BST

EUR/USD Seesaws Around 1.8000 Ahead of ECB Monetary Policy Statement

EUR/USD remains in a downtrend ahead of the ECB monetary policy statement later in the day. The released results will…

Jul 08, 2021, 06:05 BST