USDJPY is threatening to break above the 148.0 psychologically-important level, amid broad-based US dollar strength. Bloomberg’s FX model forecasts a 73% chance of USDJPY tradi...
After Monday’s sell-off, which was the biggest in close to two months, the US dollar index has stabilised above 104.50. USDInd had found support recently around the 78.6% ...
The world’s most traded currency pair has had a nightmare summer. EUR/USD is heading for eight consecutive weeks of losses, which was last seen in 2014. The region’s econ...
Summary USDJPY breaking above 147.898 may send bullish signal Three potential targets identified If 144.360 support is broken, bullish scenario becomes invalid Rising tops and bottom...
The recent downbeat risk backdrop and failing Chinese economic recovery has hurt cyclical currencies like the loonie. It was the third worst performing major last month after the aus...
Summary GBPCHF breaking above 1.11748 may send bullish signal Three potential targets identified If 1.10442 support is broken, bullish scenario becomes invalid Rising tops and ...
The world’s most-traded FX pair finds itself in its 3rd “correction” so far this year, now falling by more than 4% since its July 18th peak. However, EURUSD’s...
The greenback had a choppy session with the USD index breaking to the upside to post a fresh 2-month high on clear weakness in European FX after the release of soft PMI data. Focus h...
The world’s most popular major currency pair has held up relatively well recently. Serious worries about China’s recovery prospects mean both the region’s economic ...
“Cable” traders (“cable” is the nickname for GBPUSD) are sizing up the economic data out of either side of the pond, in the lead up to the Federal Reserve and...