Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/GBP
EUR/USD is testing lower-high resistance after pushing down to a fresh weekly low yesterday – but are Euro bears read to re-take control of the single currency?
British Pound Pummelled as Crypto Contagion Engulfs Risk Assets. Lower GBP/USD Again?
The British Pound is under the pump again as the collapse of FTX ricochets through markets in a risk-off rout that has seen the US Dollar resumed the ascendency. Where to for GBP/USD?
Japanese Yen Holds Ground as Inflation Data Sinks the US Dollar. Lower USD/JPY?
The Japanese Yen gained on a weaker US Dollar after US CPI came in softer than forecast, driving Treasury yields lower and spurring hopes for a Fed policy pivot. Will USD/JPY break lower?
US Dollar Finds Firmer Footing After Fed Clarification. Has the DXY Index Peaked?
The US Dollar clawed back some ground today as the Fed’s Waller hit the wires over the weekend, reminding markets that inflation is still too high. Where to for the US Dollar?
Euro Rides High as US Dollar Ponders the Path Ahead with Fed and G-20 in the Frame
The Euro backed away from resistance against the US Dollar as Fed commentary appears to be less one directional ahead of US PPI. If US-China relations improve, where to for EUR/USD?
Japanese Yen Slides Despite Treasury Yield Dip on Soft PPI and Conflict Concerns
The Japanese Yen has dipped again after the US Dollar gained despite a soft PPI amid heightened geopolitical tensions after a missile explosion in Poland. Where to for USD/JPY?
Euro Pauses as US Dollar Underpinned by Fed on Sturdy Data Ahead of EU CPI
The Euro made a 4-month high earlier in the week against the US Dollar on a soft US PPI, but overnight data and Fed rhetoric has seen a pause in the meteoric rise. Will EUR/USD go higher?
Australian Dollar Filleted by Fedspeak as US Dollar Resumes Ascendency
The Australian Dollar came under pressure today after the US Dollar got a boost from Fed speakers reminding markets of their intentions for rates. Will a strong USD send AUD lower?
US Dollar Finds Firmer Footing as Treasury Yields Lift and China Locks Down
The US Dollar resumed ascending to start the week after Treasury yields added a few basis points and global growth woes undermined other currencies. Will the DXY index continue higher?
Euro Firmed as the US Dollar Paused Amid Fed and China Factors. Where to for EUR/USD?
The Euro finally found some traction today after Monday’s rout that saw EUR/USD slide lower on comments from Fed speakers and China growth concerns. Will EUR/USD continue slipping?