The upward attempts of the Euro are still limited on Wednesday, with the pound sustained by strong inflation in the United Kingdom. Inflation in the United Kingdom registered its greatest year -on -year increase in a year and a half, questioning the reduction of July rates. The EUR/GBP maintains intact its broader bullish trend while […]
USD/JPY struggles to extend the climb above 149.00, waiting for the US IPP.
The USD/JPY seeks to extend its rise above 149.00 while operators reduce the Fed Dovish bets. The US CPI report showed that the impact of Trump tariffs has begun to influence inflation. Commercial tensions between the US and Japan keep Japanese and disadvantage. The USD/JPY torque faces sales pressure while extending its rise above 149.00 […]
AUD/USD: OPPORTUNITY FOR THE AUD TEST 0.6500 – UOB GROUP
The strong fall of the Australian dollar (AUD) seems excessive against the US dollar (USD), but there is a possibility that the AU test 0.6500; The main support in 0.6480 is unlikely to be reached. In the long term, there has been an attempt accumulation of impulse; The AUD will probably lean down 0.6480, the […]
The persistent IPC limits the Boc cuts and supports the CAD – BBH
The USD/CAD quotes about half the range of several weeks of 1,3550-1.3800, BBH FX analysts report. USD/stable body while Canada’s inflation is maintained “The June Canada CPI was largely in line with consensus and opposes additional cuts of the Bank of Canada. The general CPI was 1.9% year -on -year compared to 1.7% in May, […]
The United Kingdom IPC higher than expected raises the GBP, but risks are coming – BBH
The sterling pound (GBP) had an immediate rebound after the strong impression of the June CPI in the United Kingdom, which reduced the probability of a more moderate policy position in the BOE, BBH FX analysts report. GBP briefly upward; Short positions are preferred in Eur “The General Index rose to 3.6% year -on -year […]
EUR/USD: It will probably be consolidated in a range of 1,1580/1,1650 – UOB Group
The strong fall seems excessive; Instead of weakening even more, the euro (EUR) is more likely to consolidate in a range of 1,1580/1,1650 against the US dollar (USD). In the long term, the price action continues to suggest a downward risk in the EUR; The next level to be monitored is 1,1550, the FX analysts […]
DXY: IPP at the Center for Attention – OCBC
The US dollar (USD) extended its bullish career, with the JPY, EUR, CHF and PHP as the main lags. The DXY was for the last time at 98.55 levels, the FX analysts of OCCBC, Frances Cheung and Christopher Wong point out. Alcista impulse in the daily graphic “The US CPI report was a trigger since […]
Oil: OPEC production increases – ing
The oil market continued down yesterday, with a stronger US dollar providing some difficulties. In addition, the lack of immediate action of the United States against Russia after the ‘important statement’ of President Trump means that the approach returns to the expected oil surplus later in the year. The numbers last night of the American […]
GBP: Inflation of persistent services in June – Ing
This morning, the United Kingdom reported that the inflation of the services remained unchanged in 4.7% in June, compared to the expectations of a 4.5% deceleration, says Francesco Pesole, FX Analyst of ING. The markets continue to value two rate cuts for the end of the year “The inflation of the services remained stable and, […]
USD/CAD Price forecast: It is maintained above 1,3700 near the 50 -day EMA
The USD/CAD could find an initial barrier in the 50 -day EMA of 1,3748. The market bias is bullish since the 14 -day RSI is positioned above level 50. The main support appears in the nine -day EMA of 1,3688. The USD/CAD pair remains stronger for the fourth consecutive day, quoting around 1,3720 during the […]