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GBP/USD testing post BoE lows as Brexit, BoE risks weigh

GBP/USD testing post BoE lows as Brexit, BoE risks weigh

GBP/USD bears are stepping up in droves as Brexit woes dig in. US CPI despatched the dollar on a tear and the divergence between BoE and the Fed is taking its toll on GBP. Sterling…

Market News
Gold Price Forecast: XAU/USD consolidates post-US inflation gains around $1,850

Gold Price Forecast: XAU/USD consolidates post-US inflation gains around $1,850

Gold snaps five-day uptrend to step again from the easiest degrees considering June. Market sentiment dwindles as US banking vacation restricts bond moves. Evergrande, Fed price hike and Sino-American section 1 deal in focus. Gold…

Market News
AUD/JPY bulls take charge at the start of the week, 84.20 eyed

AUD/JPY bulls take charge at the start of the week, 84.20 eyed

AUD/JPY bulls step in at guide following Friday’s rout in higher-yielding forex. Risk sentiment stays accelerated however the bulls are taking cost regardless. AUD/JPY is including good points on the first day o the week…

Market News
XAU/USD at near-two month highs, bulls eye retest of $1830

XAU/USD at near-two month highs, bulls eye retest of $1830

Spot gold hit its best degree in almost two months above $1815 in latest trade, boosted as US yields drop. The treasured steel has pulled off an incredible recuperation from Thursday lows round $1760. Spot…

Market News
USD/JPY drops from 114.00 amid global bond yields tumble, led by US Treasuries

USD/JPY drops from 114.00 amid global bond yields tumble, led by US Treasuries

USD/JPY slides for the 2d day in a row, under 113.50. The market sentiment is upbeat, on higher than predicted US Nonfarm Payrolls. Lower US T-bond yields acted as a headwind for the greenback. USD/JPY:…

Market News
EUR/USD bears flirt with 1.1550 as Fed week begins, US ISM PMI eyed

EUR/USD bears flirt with 1.1550 as Fed week begins, US ISM PMI eyed

EUR/USD stays pressured, fades corrective pullback following the heaviest day by day droop in 4.5 months. Market sentiment dwindles amid Fed tapering chatters, EU-US peace over steel, aluminum. US greenback defends Friday’s soar on less…

Market News
Gold Price Forecast: XAU/USD retakes $1,800, upside potential limited ahead of US GDP

Gold Price Forecast: XAU/USD retakes $1,800, upside potential limited ahead of US GDP

Gold consolidates weekly losses at some point of two-day uptrend, eases from every day excessive of late. US greenback differs from less attackable Treasury yields, helps gold consumers amid market’s indecision, central financial institution moves.…

Market News
AUD/USD Price Analysis: Buyers face strong resistance near 0.7550

AUD/USD Price Analysis: Buyers face strong resistance near 0.7550

AUD/USD manages to comprise the preceding day’s decline on Friday. The pair fell from the excessive of 0.7547 composed of extra than 80-pips motion in the in a single day session. At the time of…

Market News
USD/INR Price News: Rupee remains in the hot-seat, but meets daily resistance

USD/INR Price News: Rupee remains in the hot-seat, but meets daily resistance

USD/INR stays bullish on the longer-term time frames. USD/INR broke month-to-month resistance and bulls make greater day by day high. There are possibilities of a suggest reversion from each day resistance. As per the evaluation…

Market News
USD/JPY’s bounces up from 111.50 to reach fresh YTD highs above 112.00

USD/JPY’s bounces up from 111.50 to reach fresh YTD highs above 112.00

The greenback resumes its uptrend to hit clean multi-month highs at 112.20. The USD, unfaced with the aid of the susceptible US employment report. USD/JPY: Seen appreciating to 113.00 by using cease 2022. The dollar…