ActionForex

The Dollar extends recent rally in Asian session in response to last week's balanced comments from Fed chair Yellen. Even though some analysts noted that Yellen's speech was still dovish overall, her...

GBP/JPY Daily OutlookDaily Pivots: (S1) 171.89; (P) 172.13; (R1) 172.40; With 172.57 resistance intact, deeper decline is still expected in GBP/JPY for 169.53 key support level. Current development...

Risk appetite was strong this week as S&P 500 finally surged to close at new record high of 1992.37. The Dow also reclaimed 17000 handle and closed at 17039.49. Asian equities, though, are mixed...

GBP/JPYDaily Pivots: (S1) 171.33; (P) 171.81; (R1) 172.67; With 172.57 resistance intact, deeper decline is still expected in the GBP/JPY for 169.53 key support level. Current development suggests...

Dollar surged broadly as Fed delivered more hawkish than expected FOMC minutes overnight. The FOMC minutes for the July meeting unveiled that policymakers had detailed discussion of the exit strategy....

GBP/JPY Daily OutlookDaily Pivots: (S1) 170.58; (P) 171.10; (R1) 171.51; With 172.57 resistance intact, deeper decline is still expected in the GBP/JPY for 169.53 key support level. Current...

The Dollar extends recent rally with the dollar index hitting a 11-month high as focus turns to BoE and FOMC minutes today. The FOMC minutes are expected to struck a slightly more hawkish tone as Fed...

GBP/JPYDaily Pivots: (S1) 171.15; (P) 171.41; (R1) 171.81; With 172.57 resistance intact, deeper decline is still expected in the GBP/JPY for 169.53 key support level. Current development suggests...

US equities surged sharply over night on optimism that there was progress in solving the Ukraine tensions. DIJA rose 175.83 pts, or 1.06% to close at 16838.71 while S&P 500 rose 16.68 pts, or...

GBP/JPYDaily Pivots: (S1) 170.35; (P) 170.90; (R1) 171.37; With 172.57 resistance intact, deeper decline is still expected in the GBP/JPY for 169.53 key support level. Current development suggests...

The Sterling opened the week higher as lifted by comments from BoE governor Carney. Talking to Sunday Times regarding the timing of rate hike, Carney noted that "we have to have the confidence...

The markets were blessed by easing concerns over geo political tensions for most of last week. DIJA once reached as high as 16775.27 comparing to this month's low of 16333.78. The S&P 500 also...

GBP/JPYDaily Pivots: (S1) 170.65; (P) 170.93; (R1) 171.22; The consolidation from 170.69 temporary low is still in progress and intraday bias remains neutral. We'd continue to expect upside to be...

Risk sentiments improved further on easing geo political tensions. Asian equities are generally higher as US stocks extended this week's rebound overnight. Reactions in the yen was muted though as...

GBP/JPYDaily Pivots: (S1) 170.31; (P) 171.45; (R1) 172.06; Intraday bias in the GBP/JPY is neutral for the moment and consolidation from 170.69 might extend. But upside should be limited by 172.60...

The euro stays in tight range against dollar as markets are looking forward to Q2 GDP data from Eurozone today. German GDP is expected to contract -0.1% qoq versus Q1's impressive 0.8% qoq. French GDP...