GBP/USD Price Forecast: Pound Exposed Ahead of Powell
GBP prices are on offer as risk aversion gains traction across FX markets. Fed Chair Powell will be watched later today for any insights into monetary policy going forward.
Source: dailyfx.com
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GBP Breaking News: Pound Unmoved After UK CPI Beat
GBP prices saw little reaction post-CPI as data came in mostly in line with expectations as geopolitics take hold of global markets.
Source: dailyfx.com
Japanese Yen Price Action Setups: USD/JPY, GBP/JPY Update
The Yen experienced a brief period of strength on news the BoJ is expected to upgrade their inflation forecasts. How much longer can the BoJ threaten FX Intervention before the message loses effectiveness?
Source: dailyfx.com
USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA
USD/CAD on course to snap a four-day losing streak ahead of US inflation data. Will US Inflation provide fresh impetus for the DXY with another increase or is a drop on the cards?
Source: dailyfx.com
Mixed US CPI Data as Core Inflation Falls to 2 Year Lows, DXY Rises and GBP/USD Slides
US inflation data backed up the Fed rhetoric of higher for longer but a potential rate hike at the November meeting remains a mystery. In the words of Policymakers more data will be needed to gauge progress ahead of next month's FOMC meeting.
Source: dailyfx.com