DailyFX - Forex Market News
Tokyo wants to slow its currency’s decline but, so far, the market looks prepared to test its resolve
The Bank of England added one more vote in favour of a rate cut after encouraging news on inflation now opens up the prospect of a rate cut as soon as June
The latest BoE decision will be more about what they say than what they do, and this leaves Sterling-pairs vulnerable.
In this piece, we explore the technical outlook for gold prices, USD/JPY and EUR/USD, analyzing recent market behavior and trends to identify potential trading opportunities.
GBP/USD traded cautiously lower in the lead up to the Bank of England rate setting meeting. A stronger dollar and an outside chance of a dovish statement weigh on the pair
The European Central Bank is still expected to cut rates before the Federal Reserve. Can the Euro’s uptrend hang on?
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