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GBP/USD rebound aims 1.3700 on softer USD ahead of Fed, UK PM Johnson, BOE eyed

GBP/USD rebound aims 1.3700 on softer USD ahead of Fed, UK PM Johnson, BOE eyed

  GBP/USD maintains recuperation strikes from month-to-month low, snaps three-day downtrend. DXY eases in spite of less assailable Treasury yields as market sentiment improves. UK eases tour norms, phrases France as friends. UK PM Johnson’s…

Market News
EUR/USD recovery remains fragile towards 1.1750 despite softer USD

EUR/USD recovery remains fragile towards 1.1750 despite softer USD

EUR/USD tries recuperation on Tuesday after the preceding day’s fallout. US Dollar Index pares preliminary gains, nevertheless stays extended above 93.00. Indebted China’s Evergrande fears, pre-Fed nervousness persists. EUR/USD trades mildly greater in the Asian…

Market News
S&P downgrades another China property developer, says Evergrande likely to default

S&P downgrades another China property developer, says Evergrande likely to default

The US ranking business enterprise Standard and Poor’s slashed Sinic Holdings’ savings ranking to CCC, citing that the association has no longer communicated a clear compensation design timing of any remittance is uncertain. The international…

Market News
Gold Price Forecast: XAU/USD rebound eyes $1,780 as Evergrande woes fade ahead of Fed

Gold Price Forecast: XAU/USD rebound eyes $1,780 as Evergrande woes fade ahead of Fed

Gold choices up bids, continues recuperation strikes from six-week low. Market sentiment improves amid off in China, pre-Fed chatters and stimulus hopes. US housing data, danger catalysts can provide intermediate strikes beforehand of the key…

Market News
GBP/USD clings to multi-month low near 1.3700 on firmer US dollar

GBP/USD clings to multi-month low near 1.3700 on firmer US dollar

GBP/USD extends the preceding week’s delines and trades decrease on Monday. Supply-chain disruptions, limp monetary restoration took a toll on sterling performance. Broad-based US dollar good points preserve strain on GBP/USD. GBP/USD edges decrease on…

Market News
EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed

EUR/USD looks to 1.1700, refreshes monthly low on firmer USD ahead of Fed

EUR/USD prints three-day downtrend to renew multi-day low, holds decrease floor of late. Risk-off temper underpins US dollar’s safe-haven demand even as Treasury yields war amid off in Japan, China. A mild calendar challenges momentum…

Market News
Gold Price Forecast: XAU/USD refreshes monthly lows near $1,745 on higher USD

Gold Price Forecast: XAU/USD refreshes monthly lows near $1,745 on higher USD

Gold stays consolidated beforehand of the Fed this week. US greenback stays favoured for its safe-haven attraction and possibilities of Fed tapering. Update: Gold expenditures contact the lowest stage in a month and proceed with…

Market News
EUR/GBP Price Analysis: Crosses short-term upside hurdle on the way to 100-SMA

EUR/GBP Price Analysis: Crosses short-term upside hurdle on the way to 100-SMA

EUR/GBP takes the bids to refresh intraday top, crosses fortnightly resistance line. Firmer Momentum, sustained wreck of immediately hurdle directs bulls to 100-SMA. Key Fibonacci retracement levels, month-to-month low undertaking bears. EUR/GBP refreshes intraday low…

Market News
USD: FX reaction to be relatively contained next week – MUFG

USD: FX reaction to be relatively contained next week – MUFG

The key tournament subsequent week will be the FOMC meeting. Analysts at MUFG Bank, think about Fed Chair Jerome Powell is set to reiterate the gradual strategy of QE tapering and on pastime charge hikes.…

Market News
GBP/USD reaches a weekly low beneath 1.3750 on disappointing UK Retail Sales

GBP/USD reaches a weekly low beneath 1.3750 on disappointing UK Retail Sales

GBP/USD prints a new weekly low at 1.3745. Awful UK’s Retail Sales document fails to enhance the British pound. The dollar bolstered no matter a fall in Consumer Sentiment. GBP/USD is sliding in the American…