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Eurozone Bank Lending Continues To Cautiously Recover
Article By:
ING Economics
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Friday, April 26, 2024 7:50 AM EDT
The European Central Bank is on the verge of starting rate cuts and monetary developments are proving no hurdle to doing so.
In this article: EZU
GBP/USD Forecast: USD Strength, GBP Weakness
Article By:
Christopher Lewis
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Friday, April 26, 2024 5:56 AM EDT
The British pound initially rally during the trading session on Thursday but seems to be looking at the 1.25 level as a major barrier that’s all but impossible to stay above for any significant amount of time.
EUR/JPY Extends Rally Above 167.50 Following BoJ Rate Decision
Article By:
Lallalit Srijandorn
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Friday, April 26, 2024 1:30 AM EDT
The EUR/JPY cross drifts higher to 167.20, its highest level since 2008, during the Asian trading hours on Friday.
EUR/USD Mired Near 1.0730 After Choppy Thursday Market Session
Article By:
Joshua Gibson
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Thursday, April 25, 2024 8:10 PM EDT
EUR/USD whipsawed somewhat on Thursday, and the pair is heading into Friday's early session near 1.0730 after a back-and-forth session and complicated US data that vexed rate cut hopes.
FTSE Prints New Record Highs Boosted By Blue Chip Earnings Beats
Article By:
Patrick Munnelly
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Thursday, April 25, 2024 11:51 AM EDT
The FTSE 100 in Britain reached a new all-time high on Thursday, driven by a surge in miner Anglo American's stock following a buyout offer from BHP Group.
In this article: EWU
German Consumers Take An Optimistic Turn
Article By:
Carsten Brzeski
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Thursday, April 25, 2024 6:30 AM EDT
A better-than-expected improvement in consumer confidence not only adds to recent positive macro news out of Germany but also gives hope that private consumption could pick up over the coming months.
In this article: EWG
GBPUSD Reverses Course: Downtrend Over Or Bullish Correction?
Article By:
ForexCycle
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Thursday, April 25, 2024 12:20 AM EDT
GBPUSD’s recent price action indicates a potential shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair.
Elliott Wave Intraday Analysis On GBPUSD Shows 5 Waves Bullish Impulse
Article By:
Elliottwave Forecast
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Wednesday, April 24, 2024 11:47 PM EDT
Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828.
GBP/USD Snaps The Two-Day Winning Streak Above 1.2450, Eyes On US GDP Data
Article By:
Lallalit Srijandorn
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Wednesday, April 24, 2024 9:15 PM EDT
GBP/USD trades on a weaker note around 1.2460 in Thursday’s early Asian session. The US Durable Goods Orders rose 2.6% in March, compared to the 0.7% increase (revised from 1.4%) in February.
GBP/JPY Cracks Fresh Nine-Year High At 193.60
Article By:
Joshua Gibson
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Wednesday, April 24, 2024 7:08 PM EDT
The Guppy breaks into new chart territory above 193.60, a nine-year high. Deflating JPY is rapidly approaching standoff territory with nervous BoJ. Japanese inflation figures, BoJ rate call loom ahead on Friday.
Housing Expenses Rise By Up To 12% After ECB Rate Increases
Article By:
Finance Brokerage
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Wednesday, April 24, 2024 3:47 PM EDT
Across the Eurozone, housing costs have surged significantly since the ECB started raising interest rates in July 2022.
In this article: EZU
EUR/USD Forecast: Rangebound And Tight
Article By:
Christopher Lewis
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Wednesday, April 24, 2024 10:43 AM EDT
The 1.07 level above has offered resistance, which makes sense because there's a lot of market memory there, as it previously had not only been resistance, but it's also been support.
Euro Gains Against The Dollar Amid Mixed Economic Signals
Article By:
Andrey Goilov
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Wednesday, April 24, 2024 10:14 AM EDT
The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market.