USDCHF breaks below key support as sellers take control
The USDCHF is pushing to fresh session lows in early North American trading and is now trading at its lowest level since March 11. The latest leg lower has taken…
GBP/USD: Election risks weigh on Pound – Societe Generale
Societe Generale’s team highlights that GBP/USD has edged higher, helped by lower Oil prices, risk correlations and Asian FX intervention-driven US Dollar (USD) selling. However, they stress that UK local…
European natural gas prices drop amid hopes for U.S.-Iran peace deal
European natural gas prices drop amid hopes for U.S.-Iran peace deal Source link
Pound Reaches Fresh Highs as the US Dollar Weakens
GBP/USD climbed to 1.3599 on Thursday, with sterling testing its highest levels since mid-February during the previous session. The pound continues to gain support from weakening demand for the US…
EUR/USD — At the Crossroads of Monetary Expectations
Fundamental Background The fundamental backdrop for EUR/USD in early May is shaped by diverging monetary policy expectations on both sides of the Atlantic. At its 30 April meeting, the ECB…
Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal
Brent prices edge lower as hopes surround prospects for U.S.-Iran peace deal Source link
Platinum Wave Analysis – ActionForex
Platinum: ⬆️ Buy Platinum reversed from support zone Likely to rise to resistance level 2140.00 Platinum recently reversed up from the support zone between the pivotal support level 1800.00 (former…
DXY: Dollar Probes Through Key supports Again as Fresh Optimism Fades Safe Haven Demand
The dollar came under increased pressure on Wednesday after fresh wave of optimism about a possible end of US-Iran war deflated safe-haven demand. The dollar index, which tracks the performance…
Copper Attempts to Break Its Mid-April $6.10 Spike – On the Way to New ATH? XCU/USD Outlook
Copper and other metals are exploding higher from the elevated hopes of a conflict resolution Profiting from the tumble in the US Dollar, the Metal is retesting its early April…
CEE FX: Fiscal divergence and carry risk – BNY
BNY’s Geoff Yu highlights growing fiscal stress in Central and Eastern Europe (CEE) as a key driver for regional FX and carry trades. Romania faces acute fiscal and external imbalances,…
