Most of the majors didn't catch the chance to rise against the USD after the weaker-than-expected NFP release. Currently, the sentiment is determined by the signing of the US-China trade agreement.
Tag - gbp
EUR/GBP formed a candlestick with a long lower wick on the MN chart – a sign of reversal to the upside…
The British yearly CPI will be released at 11:30 MT on January 15
What if the market uncertainties prevail and the risks of the recession renew? The central banks should have more opportunities to stimulate the economy. However, low rates for most of the central banks and negative for some of them mean the banks are at the edge.
NFP is awaited at the Forex market today. Before it comes, what is the setting across the major currencies?
Major banks expect the GBP/USD to stay between 1.30 and 1.3280. Learn more!
If you look on the weekly chart of GBP/JPY. You will see that the pair has ran into resistance of the 200- and 100-week MAs.
Today, the UK parliament starts the debate on Boris Johnson's Brexit paper. What are the likely consequences for the GBP?
The 2020 year has started and the direction of the markets is unclear especially due to the US-Iran tensions. Take a fast look at the major events that will determine markets’ direction in January 2020.
The US dollar has been trying to recover after the suffering in the last days of 2019.
Coming to the year-end, the USD is the weakest among the majors. The USD's slip may prolong in 2020. Get clues on the risks for the USD and check the direction of EUR/USD, GBP/USD, USD/JPY, USD/CHF, and XAU/USD.
The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.