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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD

Posted by By 09/08/2023Posted inForex
Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets
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FTSE 100, Dax and Dow Move Higher in Early Trading

Posted by By 09/08/2023Posted inForex
Indices staged a recovery yesterday, with some cautious gains seen in indices this morning.
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British Pound (GBP) Latest: EUR/GBP and GBP/NZD Outlooks

Posted by By 09/08/2023Posted inForex
EUR/GBP remains rangebound while GBP/NZD continues to push higher as traders wait for Friday’s UK GDP data
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Gold Prices Now are Now Sitting at Pivotal Support Following Steady Losses

Posted by By 09/08/2023Posted inForex
After a few weeks of steady losses, gold prices now find themselves sitting on a key rising trendline from February. Will a breakout lower mark the beginning of a broader…
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Australian Dollar Finds Footing Despite Evolving China Concerns. Is AUD/USD Range Bound?

Posted by By 09/08/2023Posted inForex
The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test…
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US Dollar Climbs as Risks Swirl and Sterling Struggles for Traction. Lower GBP/USD?

Posted by By 09/08/2023Posted inForex
The US Dollar ascendency got back on track in the last few sessions as traders and investors sought safety in bonds with risk assets coming under pressure. Will GBP/USD break…
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Euro Vulnerable as Retail Traders Boost EUR/USD Upside Exposure, Where to?

Posted by By 08/08/2023Posted inForex
The Euro might be readying to extend a near-term downtrend towards the May low as retail traders continue building upside exposure. What are key levels to watch ahead?
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Yen Weakens On Broad USD Gains, Japanese Households Curb Spending

Posted by By 08/08/2023Posted inForex
The Japanese Yen has been buffeted by ongoing Dollar strength as divergence between the US and Chinese economies supports the greenback.
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EUR/USD Price Update: Breakdown Potential Gathers on Trendline Rejection

Posted by By 08/08/2023Posted inForex
EUR/USD has been widely observed in relation to potential trend breakdown and further selloff. Rejection of crucial resistance could leave the pair susceptible
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Bitcoin Price Latest: BTC/USD Remains Lifeless But Has it Found a Bottom?

Posted by By 08/08/2023Posted inForex
Aside from the odd altcoin pump and dump the cryptocurrency market is lifeless with a lack of volatility hampering traders.
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