November 21 2021 🕓 2 min
EUR/USD craters to 16-month lows after dovish Lagarde comments
Traders sold the euro Friday as Lagarde reiterated her dovish stance and new lockdowns are reimposed in many EU countries.
Tag: forex
November 18 2021 🕓 3 min
USD/CAD back in the 1.25 region amid USD strength
The greenback continued to push the CAD into defense amid broad USD strength.
November 16 2021 🕓 3 min
AUD/JPY bounces after Chinese data
Sentiment turned to bullish today, boosting commodity-linked currencies as stocks continued in their uptrend.
November 16 2021 🕓 3 min
GBP/USD ticks higher after Labor market data
It looks like the GBP/USD pair is forming a short-term upside reversal pattern. Is the decline over, then?
November 11 2021 🕓 3 min
GBP/AUD advances after UK, Australia econ data
It has been a busy day for both the Pound and the Australian dollar.
November 10 2021 🕓 3 min
AUD/USD drops to one-month lows after Chinese inflation numbers
The Aussie remains in its slow downtrend, dropping to new swing lows today.
November 9 2021 🕓 3 min
EUR/GBP fails at 200-day average again
It looks like the long-term downtrend will continue, unless bulls push the euro above the 200-day moving average.
November 5 2021 🕓 3 min
GBP/USD Slides Ahead of BoE Decision
Volatility continues today as traders are getting ready for the Bank of England monetary policy decision.
November 3 2021 🕓 3 min
Aussie craters after dovish RBA decision
The RBA smashed the Australian dollar today, will it recover, or has the pair peaked?
November 3 2021 🕓 3 min
GBP/USD statistical and technical analysis
BOE Governor Andrew Bailey is speaking in Glasgow today. However, the most important event of the day will be the FOMC Press Conference. The current price of the GBP/USD exchange rate is 1.3655 (November 03, 2021). This pair is still in the important medium-term zone. Therefore, we will now look at statistical and technical analyzes.
November 3 2021 🕓 3 min
EUR/USD weakens after dovish Lagarde & robust US data
It looks like the ECB is far from tightening monetary policy, possibly keeping the Euro under pressure over the next months.
October 28 2021 🕓 2 min
CAD surges after hawkish Bank of Canada decision
The CAD soared after the recent BoC action, but it needs to push the USD/CAD pair below 1.23 to continue strengthening.