Pound Bulls Wary Ahead of Key US & EZ Data: GBP/USD, EUR/GBP

POUND STERLING ANALYSIS & TALKING POINTS German GFK Consumer Confidence places EUR on the backfoot. US CB Consumer Confidence & JOLTs under the spotlight later today. Hesitancy shown on both GBP/USD & EUR/GBP charts. Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD & EURGBP FUNDAMENTAL BACKDROP The British pound managed to find some

Dollar muted as markets brace for data fest; yen under pressure By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was subdued on Tuesday as traders resisted placing large bets ahead of a slew of economic data this week, while the yen languished near levels that triggered

Further consolidation in the pipeline

Share: Considering advanced prints from CME Group for crude oil futures markets, open interest increased for the third consecutive session on Monday, now by around 1.4K contracts. Volume, instead, nearly halved from the previous day and dropped by around 431.3K contracts. WTI appears consolidative around $80.00 Price action around WTI gyrated around the

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A light one on the agenda in Europe today

Major currencies aren’t doing a whole lot though the dollar is mildly softer as we look towards European morning trade. The ranges are still relatively narrow, so let’s see if there will be any appetite to stretch them out later on. Stocks are at least enjoying a decent showing since Friday last week, with the

Australian Dollar Looks to Recoup Losses Ahead of CPI; AUD/USD, AUD/NZD, AUD/JPY

Australian Dollar Vs US Dollar, New Zealand Dollar, Japanese Yen – Price Setups: Tentative signs of stabilization in AUD/USD’s recent slide. AUD/NZD has rebounded from key support; AUD/JPY is flirting with key resistance. What is the outlook for key AUD crosses? Recommended by Manish Jaradi Trading Forex News: The Strategy The Australian dollar is looking

AUD/USD extends gains toward 0.6450 on upbeat Australia Retail Sales

Share: AUD/USD trades higher around 0.6440 on the back of improved Australia’s Retail Sales. 10-year US bond yield declined to 4.18%; Greenback experiences losses. The stability of China’s economy could underpin the Aussie pair. AUD/USD continues its winning streak for the second consecutive day, trading around 0.6440 during the Asian session on Tuesday. The US