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GBP/USD Positive Momentum Set To Continue In The Near-Term
Wednesday, May 19, 2021 - 10:20am | 382Read More...GBP/USD Current price: 1.4193 The UK’s unemployment rate unexpectedly fell to 4.8% in the three months to March. UK annual inflation is expected to have recovered to 1.4% YoY in April. GBP/USD positive momentum set to continue in the near-term. The GBP/USD pair surged to 1.4219 on the...
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EUR/USD Is Poised To Extend Its Advance Toward The Year High At 1.2349
Wednesday, May 19, 2021 - 10:18am | 403Read More...EUR/USD Current Price: 1.2229 European Gross Domestic Product was confirmed at -0.6% QoQ in the three months to March. The focus now shifts to the FOMC Meeting Minutes scheduled for Wednesday. EUR/USD is poised to extend its advance toward the year high at 1.2349. The EUR/USD pair advanced...
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GBP/USD Is Poised To Extend Its Advance Beyond 1.4200 In The Near-Term
Tuesday, May 18, 2021 - 10:21am | 410Read More...GBP/USD Current price: 1.4140 BOE to focus on returning inflation sustainably to target, according to Vlieghe. The UK will release employment-related data on Tuesday. GBP/USD is poised to extend its advance beyond 1.4200 in the near-term. The GBP/USD pair surged in the final trading session on...
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GBP/USD Has Benefited From The UK Reopening And Favorable Data
Monday, May 17, 2021 - 10:49am | 1693Read More...GBP/USD has benefited from the UK reopening and favorable data. Top-tier UK data and the Fed's meeting minutes stand out in the upcoming week. Early May's daily chart shows bulls are in the lead. The FX Poll is painting a mixed picture for the currency pair's next moves. Will...
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EUR/USD Has Been Extending Its Gains Amid Dovish Fed Policy And The Eurozone's Vaccination Drive
Monday, May 17, 2021 - 10:45am | 1902Read More...EUR/USD has been extending its gains amid dovish Fed policy and the eurozone's vaccination drive. Eurozone PMIs and Fed meeting minutes are set to move the currency pair. Mid-May's daily chart is pointing to further gains. The FX Poll is showing mild downside...
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AUD/USD In Neutral-To-Bearish In The Near-Term, Could Near 0.7600
Friday, May 14, 2021 - 10:17am | 332Read More...AUD/USD Current Price: 0.7728 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Gold prices recovered some ground, providing support to the Aussie. AUD/USD is neutral-to-bearish in the near-term, could near 0.7600. The AUD/USD pair traded as low as 0.7687, bouncing during US...
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EUR/USD Is Technically Bearish And Could Challenge The 1.2000 Level
Friday, May 14, 2021 - 10:15am | 423Read More...EUR/USD Current Price: 1.2078 US weekly unemployment claims dropped to 473K in the week ended May 7. The focus shifts to US Retail Sales to be out this Friday. EUR/USD is technically bearish and could challenge the 1.2000 level. The EUR/USD pair finished Thursday with modest losses around...
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EUR/USD Trades At Fresh Weekly Lows And Could Keep Falling In The Near-Term
Thursday, May 13, 2021 - 10:30am | 428Read More...EUR/USD Current Price: 1.2082 US inflation soared to 4.2% YoY in April, boosting speculation of a tighter monetary policy. Government bond yields jumped to their highest in almost a month. EUR/USD trades at fresh weekly lows and could keep falling in the near-term. The American dollar edged...
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AUD/USD Has Room To Extend Its Slide, Mainly On A Break Below 0.7690
Thursday, May 13, 2021 - 10:28am | 371Read More...AUD/USD Current Price: 0.7730 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Falling equities and gold on higher US inflation pressured AUD/USD. AUD/USD has room to extend its slide, mainly on a break below 0.7690. The AUD/USD pair edged sharply lower to end the day in the...
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EUR/USD Is Losing Bullish Momentum But Has Still Room To Advance
Wednesday, May 12, 2021 - 5:01pm | 542Read More...EUR/USD Current Price: 1.2152 Fears of increasing inflationary pressures hurt the market’s mood ahead of US CPI data. The German ZEW Survey showed that the Economic Sentiment improved in May. EUR/USD is losing bullish momentum but has still room to advance. The dollar extended its decline...
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AUD/USD Forecast: Comfortable Above 0.7800
Wednesday, May 12, 2021 - 4:57pm | 322Read More...AUD/USD Current Price: 0.7845 Stocks plummeted, but demand for the greenback remained subdued. Australia will publish May Westpac Consumer Confidence on Wednesday. AUD/USD maintains its positive stance in the near-term, holds above critical 0.7820. The AUD/USD pair spent Tuesday in a tight...
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AUD/USD Advanced Within Range, Upside Limited By 0.7820
Thursday, May 6, 2021 - 10:36am | 338Read More...AUD/USD Current Price: 0.7741 Australian data showed signs of further improvement at the beginning of Q2. The aussie advanced on sentiment, following the lead of US indexes. AUD/USD advanced within range, upside limited by 0.7820. The AUD/USD pair keeps seesawing between gains and losses, ending...
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EUR/USD Struggling To Retain The 1.2000 Level, Bearish Once Below 1.1980
Thursday, May 6, 2021 - 10:34am | 484Read More...EUR/USD Current Price: 1.1999 US Federal Reserve officials poured cold water on Treasury Secretary Yellen’s comments. US macroeconomic figures may have missed expectations but indicated continued growth. EUR/USD struggling to retain the 1.2000 level, bearish once below 1.1980. The EUR/USD...
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AUD/USD Is Gaining Bearish Strength And Could Soon Retest The Year Low At 0.7531
Wednesday, May 5, 2021 - 10:31am | 411Read More...AUD/USD Current Price: 0.7703 The RBA maintained its monetary policy unchanged, despite noting economic improvement. Equities fell while US Treasury yields retreated, favoring the greenback. AUD/USD is gaining bearish strength and could soon retest the year low at 0.7531. The AUD/USD pair trades...
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EUR/USD Is Under Pressure And Near A Critical Fibonacci Support Level At 1.1980
Wednesday, May 5, 2021 - 10:28am | 468Read More...EUR/USD Current Price: 1.2012 USD dollar advanced despite lower equities and retreating US Treasury yields. US Treasury Secretary Janet Yellen said that rates might rise to prevent overheating the economy. EUR/USD is under pressure and near a critical Fibonacci support level at 1.1980. The EUR/...
















