Content
GBP/JPY Breaches 197.00 For The First Time Since 2008
Article By:
Joshua Gibson
Read
Saturday, April 27, 2024 5:21 PM EDT
GBP/JPY continues to grind into multi-year highs. Japanese Yen continues to erode across the board. BoJ reaffirms monetary policy stance, markets pummel JPY.
EUR/JPY Price Analysis: Bullish Run Faces Overbought Risks, Hovers Around 169.00
Article By:
Christian Borjon Valencia
Read
Saturday, April 27, 2024 4:48 PM EDT
EUR/JPY climbs nearing the pivotal 169.00 mark, propelled by strong risk appetite and market gains. Technical analysis shows a robust uptrend, though an RSI of 76.00 signals overbought conditions.
Forex And Cryptocurrencies Forecast For April 29 - May 3
Article By:
Roman Butko
Read
Saturday, April 27, 2024 1:40 PM EDT
Rate cut forecasts led to the US currency rising to five-month highs in mid-April against the euro, British pound, Australian, and New Zealand dollars, with the USD/JPY pair reaching a 34-year price record. However, that was in mid-April.
Week Ahead: FOMC, US Jobs, EMU Inflation, JPY Pressure
Article By:
Marc Chandler
Read
Saturday, April 27, 2024 1:00 PM EDT
The backing up of US rates did not broadly lift the dollar as it appeared to have done previously. The dollar-bloc currencies, led by the Australian dollar, advanced last week, while the Swiss franc and Japanese yen were unable to find traction.
Eurozone Bank Lending Continues To Cautiously Recover
Article By:
ING Economics
Read
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
Read
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
Read
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
Read
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
Read
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
Read
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
Read
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
Read
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
Read
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.