Bulls have the upper hand near 0.6430-35 area, over three-week high

[ad_1] Share: AUD/USD gains traction for the second straight day and climbs to over a three-week top. The post-FOMC USD selling bias turns out to be a key factor behind the ongoing move up. A move beyond the 50-day SMA and the 23.6% Fibo. supports prospects for further gains. The AUD/USD pair builds

GBP/USD slides to over three-week low, further below 1.2100 mark on stronger USD

[ad_1] Share: GBP/USD drifts lower for the third successive day and drops to a multi-week low on Thursday. A combination of factors continues to push the USD higher and exert pressure on the major. The fundamental backdrop supports prospects for a further near-term depreciating move. The GBP/USD pair extends this week’s retracement slide

Bitcoin Posts a Fresh Three-Week High as Momentum Builds, Ethereum Underperforms

[ad_1] Bitcoin (BTC) and Ethereum (ETH) Prices, Charts, and Analysis: Bitcoin is rallying ahead of Wednesday’s FOMC meeting. Open interest is moving higher. Learn How toTrade Cryptocurrencies Recommended by Nick Cawley Get Your Free Introduction To Cryptocurrency Trading Bitcoin is back above $27k today as open interest in the largest cryptocurrency by market cap continues

Pound Sterling prints a fresh three-week low amid cautious sentiment

[ad_1] Share: The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, August 3 at 11:00 GMT and as we get closer to the release time, here are the expectations forecast by the economists and researchers of 10 major banks. Read More…   The Pound Sterling (GBP) remained subdued on Wednesday as investors await

Choppy yen at three-week low, euro firms after GDP, inflation data By Reuters

[ad_1] © Reuters. FILE PHOTO: Japanese Yen and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration By Rae Wee and Alun John SINGAPORE (Reuters) – The yen softened on Monday, extending losses from a volatile session at the end of last week after the Bank of Japan (BoJ) loosened