GBP/USD Wilts Toward Key Retracement As Rate Prospects Support USD
Economic fragility in the UK and the prospect of higher interest rates for longer in the US add up to a toxic mix for Sterling bulls
Source: dailyfx.com
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Oil Prices Fail to Hold Post-Fed Gains, Charts Look Heavy
US crude prices faced opposing influences of ongoing output cuts and signs of large inventory builds.
Source: dailyfx.com
USD/JPY Breaks Key Downtrend Line But Bulls Have Work to Do
USD/JPY is stuck on Fed-Watch but whether its recent gains can be consolidated is a big question
Source: dailyfx.com
GBPUSD Stuck As Both Fed, BoE Interest Rate Calls Loom
The British Pound has enjoyed plenty of interest rate support despite the shakiness of its home economy. Can it hope for more this week?
Source: dailyfx.com
EURUSD Hits New 9-Month High But Bulls May Be Out of Puff
There wasn’t much data for traders to digest on Monday, but suspicions that Eurozone borrowing costs will rise sharply keep the Euro supported
Source: dailyfx.com