EUR/GBP extends its sideways consolidative price move in a one-week-old range. The divergent BoE-ECB expectations support prospects for some meaningful gains. Traders keenly await UK…
The Japanese Yen resumes its short-term downtrend amid receding safe-haven demand. The emergence of some USD buying provides an additional boost to the USD/JPY pair.…
EUR/USD meets with a fresh supply on Tuesday amid the emergence of some USD buying. US fiscal concerns and Fed rate cut bets should cap…
AUD/JPY regains positive traction, though it remains confined in a familiar range. The Aussie bulls reacted little to China’s Services PMI, which rose to 51.1…
The Dow Jones remains hobbled near 42,550 on Wednesday. Investor sentiment is hamstrung after jobs preview data came in weaker than expected. This Friday’s upcoming…
GBP/JPY attracts buyers for the second straight day and touches a fresh weekly high. The overnight bounce from the 200-day SMA and subsequent move up…
Silver attracts some dip-buyers at the start of a new week, though it lacks bullish conviction. The setup favors bullish traders and supports prospects for…
GBP/USD kicks off the new week on a positive note amid the emergence of fresh USD selling. Fed rate cut bets and US fiscal concerns…
USD/CAD remains under some selling pressure at the start of a new week amid a weaker USD. US fiscal concerns and bets that the Fed…
Silver regains positive traction following the previous day’s pullback from the monthly peak. The bullish technical setup supports prospects for a further near-term appreciating move.…