Tag: gbp/usd,
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US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
[ad_1] US Dollar Talking Points: Tomorrow brings the release of CPI data from the month of May, with the expectation for headline inflation to have increased by 8.3% and core inflation 5.9%. Core inflation came in at 6.3% last month so a 5.9% read could be an encouraging data point for the inflation theme that’s…
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, AUD/USD
[ad_1] US Dollar Talking Points: The US Dollar has been unstoppable of late and today marks the currency hitting a fresh 19-year-high. As looked at in the Q2 forecast, the US Dollar was already really strong coming into the quarter. There was a tease of this move in Q1 of 2021 as markets started to…
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US Dollar Pullback Begins: EUR/USD, GBP/USD, AUD/USD, USD/JPY
[ad_1] US Dollar Talking Points: The US Dollar has finally pulled back after a forceful move up to another fresh yearly high. I had looked at this in-depth in yesterday’s webinar so rather than re-hashing a lot of what’s already been said, I’ll merely focus on the key facts. The US Dollar has been holding…
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US Dollar Price Action Setups Post-CPI: EUR/USD, GBP/USD, USD/JPY
[ad_1] US Dollar Talking Points: The US Dollar posed a mild pullback this morning after CPI was released for the month of March, coming in at a whopping 8.5% while core CPI printed at 6.5%. The bullish trend in the US Dollar was holding near resistance ahead of the release and this morning’s data brought…
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British Pound Holds Ground After BoE Recalibrates Amid War Uncertainties. Will GBP/USD Go Lower?
[ad_1] British Pound, GBP/USD, BoE, BoJ, Yen, JPY, Crude Oil, AUD – Talking Points The British Pound is little changed today after Bailey comments undermined it The Bank of Japan has been active in the face of an ever-weakening Yen Ukraine war uncertainty has central bankers re-thinking. Where to for GBP/USD? The British Pound has…
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British Pound Recalibrates After BoE Decision and Risk Assets Rally. Where to for GBP/USD?
[ad_1] British Pound, GBP/USD, BoE, Fed, BoJ, Nikkei 225, ASX 200 – Talking Points The British Pound softened after there were no BoE votes for a 0.50% hike APAC equities were mixed with risk assets holding onto overnight gains With central bank decisions done with, will GBP/USD make some headway? The British Pound has steadied…
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British Pound Steadies Ahead of Fed and BoE as Markets Pause. Will GBP/USD Go Lower?
[ad_1] British Pound, GBP/USD, US Dollar, Crude Oil, Gold, Hang Seng, LME – Talking Points The British Pound held ground today as Fed and BoE rate hikes loom APAC equities moved higher with Hong Kong leading the upswing All eyes are on the Fed today.Will a rate rise send GBP/USD lower? The British Pound has…
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British Pound Under the Pump Ahead of BoE and Fed Rate Decisions. Will GBP/USD Go Lower?
[ad_1] British Pound, GBP/USD, US Dollar, BoE, Fed, Crude Oil, Coal, AUD, Hang Seng – Talking Points The British Pound slipped further today against USD as hikes are imminent APAC equities were mixed and commodities are lower, dragging AUD down All eyes are on central banks later this week.Will the BoE turn GBP around? The…
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US Dollar Price Action Setups Post-CPI: EUR/USD, GBP/USD, AUD/USD
[ad_1] US Dollar Talking Points: The US Dollar has finally started to cool after an aggressive topside run brought in fresh yearly highs earlier this week. As looked at on Monday, there’s a combination of factors pushing the bid in the USD, key of which has been the expectation for the Federal Reserve to shift…
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US Dollar Price Action Seutps Pre-NFP: EUR/USD, GBP/USD, AUD/USD
[ad_1] US Dollar, NFP Talking Points: The US Dollar is at a big zone of long-term resistance after setting a fresh yearly high yesterday. Tomorrow brings Non-farm Payrolls out of the US and EUR/USD is the mirror image of USD at the moment, staring down a spot of long-term support. GBP/USD and AUD/USD, however, may…