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Challenges and Opportunities for GBPUSD in 2018

Posted on: 23 January 2018 , by: Darren Sinden , category: Market Review

The UK economy finished 2017 in better shape than many commentators had predicted.    ... Continue reading...

EUR USD PMIs may show us the way in 2018

Posted on: 23 January 2018 , by: Darren Sinden , category: Market Review

We have seen a positive start to 2018 as far as the Euro is concerned. The single currency entered the New Year with a US$1.20 handle. At the same time, the trade-weighted US Dollar (USDX) has printed to as low as 91.48.  ... Continue reading...

The Future Path of Dollar-Yen: Drivers of USDJPY in 2018

Posted on: 23 January 2018 , by: Darren Sinden , category: Market Review

The future path of Dollar-Yen is something of a conundrum and perhaps more so than any of the other FX majors. That's because there is a genuine two-way pull on the Yen, and it's not clear which of these contradictory forces will emerge victorious, if either. ... Continue reading...

Euro Faces Major Tests, USD Besieged by Political Risks

Posted on: 22 January 2018 , by: Pepperstone Support , category: Market Review

Boris and Kathy Forex Weekly 22-01-2018. This past week, many major currencies climbed to fresh multi-month and multi-year highs against the U.S. dollar. The Australian dollar and British pound were the best performers, adding 1% to their gains. The euro, Canadian dollar and Japanese yen lagged behind but still managed to eek out small profits in what became the fifth consecutive week of declines in the Dollar Index. There wasn’t much in the way of U.S. data, but the showdown in Washington kept investors out of the U.S. dollar. ... Continue reading...

Euro Faces Major Tests, USD Besieged by Political Risks

Posted on: 22 January 2018 , by: Boris & Kathy , category: Market Review

Boris and Kathy Forex Weekly 22-01-2018. This past week, many major currencies climbed to fresh multi-month and multi-year highs against the U.S. dollar. The Australian dollar and British pound were the best performers, adding 1% to their gains. The euro, Canadian dollar and Japanese yen lagged behind but still managed to eek out small profits in what became the fifth consecutive week of declines in the Dollar Index. There wasn’t much in the way of U.S. data, but the showdown in Washington kept investors out of the U.S. dollar. ... Continue reading...

EUR, JPY, USD Shaken by Central Bank Actions, What’s Next?

Posted on: 22 January 2018 , by: Pepperstone Support , category: Market Review

The U.S. dollar fell sharply this past week on the back of comments from the European Central Bank, Bank of Japan and China. Not all of these developments turned into policy action but they all hint of changes to come. As many of these announcements caught FX traders by surprise, they translated into big moves for currencies. U.S. dollar weakness was the primary theme with EUR/USD hitting a 3 year high, GBP/USD at a 1.5 year high, NZD/USD reaching 3-month highs and AUD/USD at a 2 month high. The Canadian dollar was the only currency that failed to benefit from the greenback’s weakness due to NAFTA worries. Until they are retracted, FX traders should take this new guidance from policymakers seriously because EUR/USD could extend its gains and USD/JPY’s losses could compound as the next key level for both pairs are approximately 150 pips away.  ... Continue reading...

Factors Affecting the Gold Price in 2018

Posted on: 19 January 2018 , by: Darren Sinden , category: Market Review

In an age where Cryptocurrencies threaten to usurp the precious metal - Gold, and many alternative assets, what can we expect and what should we look for, from Gold in 2018? In this piece, we will look at some of the fundamental and technical factors that could influence the Gold price over the year ahead. ... Continue reading...

Are you ready for the ECB Meeting?

Posted on: 25 October 2017 , by: Darren Sinden , category: Market Review

Are you ready for the ECB Meeting? Market Alert by Darren Sinden. Here’s what to expect at the next ECB meeting, and potential scenarios for the Euro.      ... Continue reading...

Boris and Kathy Forex Weekly 2/10/2017

Posted on: 02 October 2017 , by: Boris & Kathy , category: Market Review

October Could be Challenging for the Dollar By all counts, September was a strong month for the U.S. dollar.  ... Continue reading...

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