News
EURUSD, “Euro vs US Dollar” The currency pair continues developing a wave of decline to 1.0530.After this level is reached, a link of correction to 1.0590 is not excluded, followed by falling to 1.0460. The goal is first. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues declining to 1.2020. After this level […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has left the borders of a bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.2160 is expected, followed by falling to 1.1725. An additional signal confirming the decline will be a bounce off the […]
BTC Threatening a Fresh Move Lower? Following a corrective grind higher over the last month or so, Bitcoin prices turned sharply lower into the back end of last week as fresh central bank hawkishness weighed on risk sentiment. Both the Fed and the ECB seemingly caught markets a little off guard last week, fuelling recession […]
The Japanese yen has grown quite a bit against the US dollar. The current quote is 132.60. At today’s meeting, the BoJ decided to keep the interest rate without a change at -0.10% a year. What came as a surprise was the announcement of an unlimited purchase of one to five-year bonds. The sum meant […]
On Tuesday, the British pound against the US dollar is neutral. The current quote is 1.2160. The statistics published yesterday demonstrated that the CBI production order balance in Britain in December had dropped to -6 points from -5 points previously. However, the statistics turned out better than expected because the forecast was -10 points. Previous […]
GBP Falls on Divided BOE Hike In stark contrast to the price action we’ve seen in EUR following the ECB, GBP has been on the backfoot following the December BOE meeting. The UK central bank pushed ahead with a further .5% hike as expected, taking rates to their highest level in 14 years. However, there […]