Share: GBP dropped this week on the back of the BoE’s unchanged policy decision. Economists at Rabobank have revised down their six-month EUR/GBP forecast modestly. Gloomy economic outlook for the Eurozone The dip in GBP after the steady policy decision from the BoE this week has lifted EUR/GBP towards the top of its
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter EUR/USD ANALYSIS EUR/USD has been falling on a sustained basis since mid-July more or less. This downward trend has been primarily driven by the contrasting economic performance of the United States and the
EUR/USD and EUR/GBP Forecasts – Prices, Charts, and Analysis Learn How to Trade the Euro versus the US Dollar Recommended by Nick Cawley How to Trade EUR/USD Most Read – Euro Price Latest: EUR/USD Struggles Against a Robust US Dollar The Euro is holding tis own against a strong US dollar, aided by higher Euro
Number of traders net-short has increased by 3.96% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI EUR/GBP BULLISH 49.84% 50.16% -6.01% Daily -19.33% Weekly -2.48% Daily 3.96% Weekly -4.27% Daily -9.12% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Euro (EUR/USD, EUR/GBP) Analysis Markets Await the Fed’s Summary of Economic Projections for Clues The euro has recovered a large portion of losses against the dollar, as markets look to the updated quarterly forecasts known as the summary of economic projections for clues. EUR/USD dropped immediately after the ECB decided to hike interest rates, for
British Pound, GBP/USD, GBP/JPY – Technical Update: Recommended by Daniel Dubrovsky How to Trade GBP/USD The British Pound may be readying to extend its losing streak against the US Dollar. For context, GBP/USD has been aiming lower since breaking under a bearish Head & Shoulders chart formation, opening the door to an increasingly downward technical
Euro Vs US Dollar, Japanese Yen, British Pound – Outlook: EUR/USD looks deeply oversold as it tests strong support. EUR/GBP is attempting to break above a minor resistance; EUR/JPY looks heavy. What is the outlook and the key levels to watch in key Euro crosses? Recommended by Manish Jaradi How to Trade EUR/USD The euro
British Pound, GBP/USD, US Dollar, EUR/GBP, Euro, BoE, Momentum – Talking Points The British Pound made new lows last week and momentum might be building The Bank of England is anticipated to lift rates later this week by 25 basis points Sterling is staring at some untested support levels. Will GBP/USD find firmer footing? Recommended
GBP/USD, EUR/GBP Analysis and Charts Cable falls to a three-month on renewed US dollar buying. EUR/GBP slides despite the ECB hiking rates again. For all market-moving economic data and events, see the DailyFX Calendar Recommended by Nick Cawley Introduction to Forex News Trading The ECB hiked interest rates higher by 25 basis points across the
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, EUR/GBP, British Pound, Trend, Range – Talking Points Euro bearishness might be intact against the US Dollar in the near term The bullish case for EUR/JPY could have some legs after a brief plunge EUR/GBP may see a breakout at some stage. What are the levels to watch?
