DailyFX - Forex Market News
This article explores the technical outlook for gold, EUR/USD and GBP/USD, examining price action dynamics and market sentiment to anticipate their short-term paths.
EUR/USD continues to press higher, aided in part by a weak US dollar. The pair are now closing in on a zone of resistance that may prove difficult to break.
UK rate-setters are expected to leave things alone this month, but perhaps not for very much longer
Last Friday’s weaker-than-expected NFPs gave gold a boost on renewed US rate cut expectations. Further gains may depend on the outcome of ongoing Israel-Iran peace talks.
This article examines the outlook for the U.S. dollar, with a specific focus on two prominent currency pairs: EUR/USD and GBP/USD. Additionally, the piece analyzes fundamental factors that could influence the market trajectory in the near term.
Risk markets regained all their early losses this week and continue to press higher. A benign FOMC and a weak US Jobs Report boosted markets going into the weekend.
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