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GBP/USD Forecast: Sees Sluggish Behavor
Article By:
Christopher Lewis
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Friday, May 3, 2024 4:43 AM EDT
This is a market that I think is just killing time between now and the jobs number on Friday. It's worth noting that the 200 day EMAs is just above, and of course just above there we have the 50 day EMA.
FX Daily: Bearish Dollar Momentum Faces Key Payroll Test
Article By:
ING Economics
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Friday, May 3, 2024 3:10 AM EDT
The post-FOMC hawkish repricing of Federal Reserve rate expectations is applying pressure on the dollar, although today’s US jobs figures will be the real pivotal event for FX.
GBP/USD Trades On A Stronger Note 1.2530, All Eyes On US NFP Data
Article By:
Lallalit Srijandorn
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Thursday, May 2, 2024 9:10 PM EDT
The GBP/USD pair trades on a stronger note around 1.2540 amid the softer US Dollar (USD) on Friday during the early Asian session.
Rates Spark: Payrolls Day, And It’s Potentially A Big One For Rates
Article By:
ING Economics
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Thursday, May 2, 2024 5:32 PM EDT
The growth and inflation numbers from the eurozone earlier in the week reflected a cautious economic recovery but also contained some reminders of sticky inflation.
FTSE Flatlines Ahead Of U.S. Federal Reserve Rate Announcement
Article By:
Patrick Munnelly
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Thursday, May 2, 2024 1:54 PM EDT
On Thursday, Britain's top stock index saw an increase in value as Shell and Standard Chartered shares surged following positive financial results.
In this article: EWU
EUR/USD Analysis: Weak Bounce Despite Fed Announcement
Article By:
Mahmoud Abdallah
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Thursday, May 2, 2024 10:23 AM EDT
The EUR/USD pair remained steady around 1.0715 despite the US Federal Reserve's announcement and comments from Fed Chair Jerome Powell.
GBP/USD Forex Signal: Weakly Bullish Consolidation Continues
Article By:
Adam Lemon
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Thursday, May 2, 2024 4:22 AM EDT
My previous GBP/USD signal on 17th April was not triggered, as none of the key levels were reached that day.
May Day Fed Day
Article By:
Marc Chandler
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Wednesday, May 1, 2024 7:19 AM EDT
Much of Asia and Europe are off for the May Day labor holiday. The dollar is mostly softer in the thin activity. However, the dollar has edged higher against the yen to approached JPY158.
GBP/USD Forex Signal: Rally Takes A Breather Ahead Of FOMC Decision
Article By:
Crispus Nyaga
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Wednesday, May 1, 2024 4:41 AM EDT
The GBP/USD pair dipped sharply amid a broader US dollar rebound.
FX Daily: DXY Closing In On Year’s High Ahead Of Fed
Article By:
ING Economics
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Wednesday, May 1, 2024 3:48 AM EDT
The relentless stream of above-expected US inflation data continues. Yesterday it was the turn of the Employment Cost Index to surprise on the upside. Higher US rates have sent one measure of the trade-weighted dollar - the DXY - to the year’s high.
GBP/USD Holds Below 1.2500 Ahead Of Fed Rate Decision
Article By:
Lallalit Srijandorn
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Tuesday, April 30, 2024 10:20 PM EDT
The GBP/USD pair holds below 1.2490 during the early Asian session on Wednesday. The downtick of the major pair is supported by the stronger US Dollar amid the cautious mood ahead of the Fed interest rate decision later on Wednesday.
Eurozone Inflation Stable As The Outlook On Prices Gets Increasingly Muddied
Article By:
ING Economics
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Tuesday, April 30, 2024 4:18 PM EDT
Eurozone core inflation dropped in April from 2.9 to 2.7%, with services inflation moderating the most.
In this article: EZU
FTSE Pauses Record Run On A Mixed Read From Financial Firms
Article By:
Patrick Munnelly
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Tuesday, April 30, 2024 2:00 PM EDT
HSBC's shares in London reach a 5-year high after the company's positive financial results and announcement of $3 billion in new share buybacks.
In this article: EWU
GBPAUD Forex Elliott Wave Technical Analysis
Article By:
Peter Mathers
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Tuesday, April 30, 2024 9:39 AM EDT
The details section provides a deeper look into the current phase of the wave structure. According to the analysis, red wave C of B is considered completed, signaling the end of this specific wave sequence.