GBPUSD Slumps As BoE Votes 6-2 To Hold Policy Unchanged
The Bank of England has left interest rates unchanged with only two of its MPC members voting in favour of a hike this month.
ETF
EURUSD Pauses For Breath Ahead Of ECB
The economic calendar is taking a breather today but will return with bang tomorrow. Market participants are looking forward to two major central meetings as the Bank of Japan and especially the European Central Bank take centre stage.
GBPUSD Forecast July 19, 2017, Technical Analysis
The British pound initially tried to rally on Tuesday but found a ton of resistance near the 1.3125 level.
Dollar Downbeat Ahead Of A Busy Week For FX Markets
Gold has been undermined by rising government bond yields owing to major central banks generally turning more hawkish while the still-buoyant equity markets means there has been reduced demand for the perceived safe haven asset.
AUDUSD Long-Term Breakout July 17, 2017
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark.
Gold Stuck Between A Rock And A Hard Place Ahead Of US CPI
Gold has been undermined by rising government bond yields owing to major central banks generally turning more hawkish while the still-buoyant equity markets means there has been reduced demand for the perceived safe haven asset.
GBPUSD Rebounds On Better Than Expected UK Wages And Jobs Data
Over the past week and a half, market participants have been forced to reduce their Bank of England rate hike expectations due to the recent soft patch in UK economic data.
EURUSD Forecast July 10, 2017, Technical Analysis
The EUR/USD pair went sideways initially on Friday, and then had a very volatile session as the jobs number in America came out much longer than anticipated.
AUDUSD Forecast July 10, 2017, Technical Analysis
The Australian dollar initially slid a bit at the open on Friday, but then bounced significantly towards the 0.76 handle.
EURUSD Forecast July 7, 2017, Technical Analysis
The EURUSD pair initially dropped a bit on Thursday, but then shot towards the 1.14 level above.