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GBP/USD Price Analysis: Flirts with session lows, around 1.3800 amid a modest USD strength

GBP/USD Price Analysis: Flirts with session lows, around 1.3800 amid a modest USD strength

The GBP/USD pair witnessed some promoting on Thursday and dropped to sub-1.3800 tiers at some point of the first half of of the buying and selling action, even though lacked any follow-through. The risk-off impulse…

Market News
ECB pushes banks to boost their post-Brexit operations – FT

ECB pushes banks to boost their post-Brexit operations – FT

The European Central Bank (ECB) is calling out banks to raise human and monetary assets to beautify their post-Brexit operations in continental Europe, in accordance to the state-of-the-art story carried by means of the Financial…

Market News
GBP/USD seen breaking above 1.3850 near term – UOB

GBP/USD seen breaking above 1.3850 near term – UOB

The outlook for Cable stays optimistic with the subsequent goal at 1.3850 and past in the non permanent horizon, cautioned FX Strategists at UOB Group. Key Quotes 24-hour view: “Yesterday, we anticipated GBP to ‘trade…

Market News
GBP/USD to tick down if UK CPI miss reduces odds of BoE hikes – OCBC

GBP/USD to tick down if UK CPI miss reduces odds of BoE hikes – OCBC

Bank of England’s (BoE) expectations (as viewed via SONIA futures) and the GBP took a dip after the leave out in UK CPI on Wednesday. GBP/USD may additionally pass downward if this view persist, economists…

Market News
EUR/USD battles key resistance around 1.1650 as DXY pokes three-week low

EUR/USD battles key resistance around 1.1650 as DXY pokes three-week low

EUR/USD stays on the the front foot at three-week high. DXY drops for sixth day notwithstanding less attackable US Treasury yields. EU CPI, Fed/ECB policymakers’ remarks eyed for clean impulse. EUR/USD stays more impregnable round…

Market News
USD/CAD Price Analysis: Meets critical support near 1.2350

USD/CAD Price Analysis: Meets critical support near 1.2350

USD/CAD edges decrease on Wednesday in the early European session. The formation of a couple of doji candlesticks mark indecisiveness amongst traders. Momentum oscillator tactics the oversold zone, warns warning for aggressive bids. USD/CAD stays…

Market News
Gold Price Forecast: XAU/USD bulls eye 200-DMA as US dollar stays depressed

Gold Price Forecast: XAU/USD bulls eye 200-DMA as US dollar stays depressed

Gold refreshes intraday excessive at some stage in a two-day rebound from 21-DMA. Treasury yields watch for clean clues after clean five-month top. Fed tapering concerns, China fears continue to be on desk amid quiet…

Market News
GBP/JPY hits fresh yearly highs above 158.00 ahead of critical UK CPI

GBP/JPY hits fresh yearly highs above 158.00 ahead of critical UK CPI

GBP/JPY archives a clean each year excessive on Wednesday in the Asian buying and selling hours. The cross-currency pair surges above 158.00 in the October series. Japan’s exchange data, hawkish BOE, and Brexit headlines sum…

Market News
NZ PM Ardern: Auckland alert level 3 to be extended by two weeks

NZ PM Ardern: Auckland alert level 3 to be extended by two weeks

New Zealand Prime Minister Jacinda Ardern introduced on Monday, the lockdown in the country’s greatest town of Auckland will be prolonged through two weeks. Earlier on, the neighborhood media stated that the authorities is thinking…

Market News
EUR/USD remains pressured below 1.1600 amid USD rebound, dovish ECB

EUR/USD remains pressured below 1.1600 amid USD rebound, dovish ECB

EUR/USD begins the clean buying and selling week on a decrease note. US Dollar Index regains ninety four amid threat aversion, less assailable yields Dovish ECB, Fed tapering, combined Eurozone records lower back the euro…