Forex

EUR/GBP – Key Levels Ahead of the BOE Decision

The EUR/GBP is at an inflection point ahead of the Bank of England (BOE)'s decision later in the trading day.…

May 06, 2021, 08:13 BST

GBP/USD: Preview of the BoE Interest Rate Decision

GBP/USD has eased ahead of Thursday’s BoE interest rate decision. The bank started its meeting on Wednesday and is scheduled…

May 06, 2021, 05:21 BST

USD/CAD Approaches 3-Year Lows As Loonie Gains Momentum

A combination of soft U.S. data and higher crude oil prices have pushed the USD/CAD to 3-year lows this Wednesday.…

May 05, 2021, 20:13 BST

USD/CHF: Key Levels to Watch Amid Steady Recovery of Swiss Economy

USD/CHF is trading lower as a reaction to the higher-than-expected CPI index. On Wednesday, the country’s CPI reading came in…

May 05, 2021, 15:41 BST

USD Index (DXY) Marginally Lifted by Upbeat ADP Employment Change

The USD Index (DXY) was able to get some uplift from today's private-sector jobs numbers in the US. According to…

May 05, 2021, 15:08 BST

Nasdaq 100 Forms Bearish Pennant as Tech Stocks Plunge

Nasdaq 100 has recouped some of Tuesday’s losses; even as the bearish outlook remains. In the previous session, the tech-loaded…

May 05, 2021, 09:28 BST

EUR/USD Bearish Price Action Ahead of the NFP Release on Friday

The EUR/USD pair reversed sharply from the highs as the market formed a rising wedge and a bearish divergence with…

May 05, 2021, 09:25 BST

NZD/USD on Relief Rally After RBNZ Governor’s Hawkish Tone

NZD/USD is on a relief rally after RBNZ Governor maintained a hawkish tone. Notably, New Zealand is one of the…

May 05, 2021, 06:55 BST

Fear And Greed Index: Is a Reality Check Ahead For Markets

After yesterdays Yellen-Induced Tech Stock rout, does the Does the Fear and Greed Index give us a clue as to…

May 05, 2021, 06:03 BST

How Will the New Zealand Employment Change Affect the NZD/USD?

Analysts at Westpac expect the labour market surveys to indicate some modestly positive outcomes. Even though the tourism industry took…

May 04, 2021, 20:31 BST