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GBP/USD Price Forecast: Stumbles on soft UK data, bears target 1.2600

The Pound Sterling extends its agony and printing losses for the sixth straight day against the Greenback.
New
update2024.11.16 01:30

Fed's Collins: I don't see a big urgency to lower rates

Federal Reserve (Fed) Bank of Boston President Susan Collins hit the wires on Friday, downplaying pressures for continued rate cuts in the near term, but also keeping a steady hand underneath market expectations of a rate trim in December.
New
update2024.11.16 01:25

EUR/JPY Price Analysis: Pair finally broke down below support and fell towards 163.00.

The EUR/JPY currency pair witnessed a significant decline on Friday, losing 0.72% to reach a low of 163.10.
New
update2024.11.16 01:13

USD/CHF Price Forecast: Reaches overbought levels

USD/CHF continues rising in its established uptrend but it has now reached overbought levels (above 70) according to the Relative Strength Index (RSI) momentum indicator.
New
update2024.11.16 00:00

EUR/JPY Price Prediction: Threatening to reverse the trend and extend its decline

EUR/JPY is threatening to reverse its medium-term uptrend and begin a new downtrend.
New
update2024.11.15 23:35

US: Retail Sales rose by 0.4% MoM in October

The US Census Bureau reported that Retail Sales expanded by 0.4% in October vs.
New
update2024.11.15 23:29

GBP/USD: Steadies after mild technical rebound from Thursday's low - Scotiabank

This morning's round of UK data was broadly weaker than forecast--Industrial Production fell 0.5% in September as manufacturing slumped, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2024.11.15 23:19

Silver market remains significantly undersupplied due to rising demand - Commerzbank

The Silver Institute, in cooperation with the precious metals research firm Metals Focus, published updated forecasts for the Silver market this week, Commerzbank's commodity analyst Carsten Fritsch notes.
New
update2024.11.15 23:18

EUR/USD: Chance to squeeze a little higher - Scotiabank

The European Commission's economic outlook anticipates a pick up in the region's economy this year and next as consumer demand and business investment pick up, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
update2024.11.15 23:13

GBP/CAD Price Prediction: Vulnerable to more downside as bears hunt targets

GBP/CAD has broken out of a bearish Rising Wedge pattern and started to decline.
New
update2024.11.15 23:03

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