Last week GBP/USD has failed to stay above the 200-week MA (1.3065) for the second time.
Tag - usd
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.
The American monthly CPI will be released at 15:30 MT on January 14
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.
The US dollar had a strong week versus the Japanese yen. USD/JPY opened with a gap down on the W1, but is now trading above the highs of the previous week.
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!
The volatility of the oil price these days questions the previously taken uptrend. Or does it not?
Iran retaliates, Donald Trump will announce the next step by the US today. Gold flies up to $1,600 per ounce.
The NFP will be announced at 15:30 MT on January 10.
Dovish expectations from the RBA's February interest rate decision are driving the AUD/USD down. How long it will continue?
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.