British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data Posted by By 22/10/2021Posted inForex November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.
British Pound Weekly Forecast: Inflation Expectations and New Covid Cases; Poor Retail Data Posted by By 22/10/2021Posted inForex November rate hike odds around 50% and a rise in new Covid cases threatens to dampen the services sector as the UK braces for winter.
Spot Gold (XAU/USD), ECB & S&P 500 INDEX (SPX) – FinTwit Trends to Watch Posted by By 22/10/2021Posted inForex Key levels are being tested across financial markets as Fintwit focusses on spot gold, the upcoming ECB rate decision and record highs displaying on the S&P 500 index with earnings…
USD/JPY Rate on Track for Three-Day Decline as RSI Sell Signal Emerges Posted by By 22/10/2021Posted inForex USD/JPY may face a larger pullback over the remainder of the month as the Relative Strength Index (RSI) offers a textbook sell signal.
US Dollar Correction Persists, US PMIs Mixed Posted by By 22/10/2021Posted inForex US Dollar Hovers Over Weekly Lows as Selling Persists.
USD/CAD Technical Outlook: Sell-off Pausing or Reversing? Posted by By 22/10/2021Posted inForex USD/CAD has been quite weak lately and while the trend needs to be respected a countertrend rally could emerge.
South African Rand Dollar Update: Evergrande, Commodities & Key Levels for USD/ZAR Posted by By 22/10/2021Posted inForex USD/ZAR falls to critical support after Evergrande payment and commodity prices boost demand for the South African Rand
British Pound Outlook Undecided after BoE’s Inflation Warning and Mixed UK Data Posted by By 22/10/2021Posted inForex The Bank of England's chief economist Huw Pill has warned that inflation could hit 5% in the coming months, leaving the UK rates markets on edge
EUR/USD Eyeing Former YTD Low, EUR/GBP Maintains Range, EU PMIs Mixed Posted by By 22/10/2021Posted inForex USD softness taking EUR/USD back to former YTD low. EUR/GBP rises on receding tightening BoE bets
Australian Dollar Holds Ground as Evergrande Makes a Payment. Can AUD/USD Move Up? Posted by By 22/10/2021Posted inForex The Australian Dollar found support after Evergrande made a coupon payment to turn market sentiment more positive. Will AUD/USD make a new high?