The article explores the near-term outlook for the U.S. dollar, focusing on three of the most popular and liquid FX pairs: EUR/USD, USD/JPY and GBP/USD.
This article explores the technical outlook for three major U.S. dollar pairs: EUR/USD, GBP/USD, and USD/JPY. In the piece, we also discuss potential market scenarios ahead of key U.S. PCE data.
Risk Assets continued their struggle today but did post late session recovery, as Gold prices felt the full weight of rising US Yields. Will the recovery late in the US session gain any traction?
EURO Bulls spur on recovery attempt ahead of key risk events tomorrow which could send EURUSD back toward the YTD low. Will the move prove sustainable?
EUR/USD fails to hold above 1.1000 and turns lower heading into the weekend, dropping below the 1.0900 handle and challenging a key trendline support. Will the bears be rebuffed?