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The NFP report is expected to show 180K net new jobs and wages rising 0.3% m/m. With the Fed now likely pausing, traders will be more sensitive to unexpected weakness in the labor market than...
Bearish: GBP/USD is currently at 1.2440 in a range and a breakout of slope support. If we can break this support, we are looking for a continuation to the ATR target at 1.2384 with a further target of...
USD: Be careful chasing the dollar reboundThe release of quarterly earnings in the US continues to paint a better picture for American corporates, with big tech companies beating estimates yesterday....
Bearish: GBP/USD currently at 1.2442 in a range and a triangle. If we can break this support, we are looking for a continuation to the ATR target at 1.2348 with a further target of the 1.000 Fibo at...
The GBP/USD pair extended gains into a second day above 1.2400 on Wednesday after higher-than-anticipated United Kingdom inflation figures. At the same time, the dollar has found it difficult to...
UK inflation falls to 10.1%, higher than expected BoE likely to raise rates in May Three Fed members will deliver public remarks today GBP/USD is trading at 1.2445, up 0.16% on the day.UK inflation...
FX markets continue to be buffeted by opposing forces and are struggling to define short-term trends. Despite some positive Chinese activity data, Asian currencies are not rallying, suggesting that...
The 0.5% decline in US March producer prices pushed on the door opened by the softer-than-expected CPI on Wednesday. The Fed funds futures market sees the year end rate to a 4.33%, while still pricing...
Last month, US inflation fell more than expected due to cheaper energy and food. The CPI rose 5%, down from 6% the previous month and just below the expected 5.1%. We had warned of this...
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