Fresh data prints coming out of the UK are likely to sway the near-term outlook for GBP/USD as BoE Governor Bailey insists that the “economy is bouncing back rapidly.”
FinTwit is gathering steam these past few weeks as market trends continue to intensify. This week Chinese ride service firm DiDi, U.S. treasury yields and OPEC+ disagreements are dominating headlines.
Oil prices are poised to snap a six-week winning streak with WTI reversing sharply off key technical resistance. The levels that matter on the oil technical chart.
Recent developments in the Relative Strength Index (RSI) indicate a larger rebound in EUR/USD as the oscillator pushes back above 30 to offer a textbook buy signal.
The Canadian Dollar is staging a nice rebound during early Friday trade with the Loonie stronger against the US Dollar and Japanese Yen as USD/CAD and CAD/JPY react to the…