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USDCHF is above the 200 hour MA for the first time since July 17
Looking to the next higher targets USDCHF hit a low on Friday at the 0.90557 level. The upward movement continued…
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GBPUSD is testing support and holding so far
100 hours MA, retracement zone and swing levels blocking the fall so far GBPUSD closed lower for the first time…
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MXN / JPY – Price structure may soon lead to explosive move
MXN / JPY strengths: MXN /JPY triangle pattern set up for explosive movement Keep an eye out for risk trends…
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Fed’s Kaplan sees muted bounce from here
Kaplan comments on Bloomberg TV There is nothing new here. We’ll hear from Bullard, Barkin, and Evans later.
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PBOC Says Monetary Policy Will Be More Flexible, Targeted In 2H 2020
Chinese central bank comments These comments are not new from the PBOC, but they reaffirm their current monetary policy stance…
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Cable loses momentum early in session as dollar remains slightly firmer
GBP / USD drops from 1.3113 to session low of 1.3040 For banking transaction ideas, check out eFX Plus This…
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AUD / USD is just above 0.7100 for now, but sellers are keeping control in the short term
Australia is under further pressure as the viral situation begins to erode its prospects for economic recovery For banking transaction…
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US Dollar Index May Rise Amid Stagnation of Coronavirus Relief Bill
US Dollar Index, DXY, Coronavirus Relief Bill – Talking Points: Coronavirus relief bill talks could support shelter US dollar before…
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USD / JPY likely peaked for the day
The company argues that the pair’s rise may be limited after an upward push at the start of Asian trading.…
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AUD Traders Head – RBA Monetary Policy Meeting Tuesday – Preview
The statement from the Reserve Bank of Australia August 2020 meeting is due at 04:30 GMT on Tuesday August 3,…
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