USD/JPY hangs on to gains near 127.00 amid stronger dollar
USD/JPY struggled to capitalize on modest intraday gains amid the risk-off environment. Recession fears weighed on investor sentiment and benefited
Markets
EUR/USD Price Analysis: Downside pressure will be eased above 1.0830
EUR/USD is under pressure and falls to 1.0650. There is still room for an extra rise in the short term.
GBP/USD falls back below 1.2500, focus on Fed speech and FOMC minutes
GBP/USD has dipped back below 1.2500 on Wednesday as the dollar rallied ahead of the Fed’s statements and after Tuesday’s
US Dollar Index DXY Price Analysis: Further Drop on the Table
The DXY index regains bullish traction and advances above 102.00. A further pullback could retest the 101.65 level in the
EUR/JPY Price Analysis: Minor support around 134.00
EUR/JPY extends Tuesday’s losses below 136.00. Further decline could see the 134.00 region retested. The EUR/JPY cross is moving defensively
The rise in the Stock Exchange is significant
The Athens Stock Exchange is moving steadily upwards, with the help of most index stocks, but it has dropped its
BoE: More rate hikes needed, but watch out for recession – Huw Pill
In an interview with the Western Mail newspaper, the chief economist of the Bank of England (BOE), Huw Pill, has
EUR/USD: The bears regain control and the pair falls back below 1.0700
EUR/USD is under pressure and breaks below 1.0700. C. Lagarde, President of the ECB, will speak later at the WEF
GBP/USD holds on to modest gains near 1.2550, upside looks limited
GBP/USD regains positive traction on Wednesday. Diminishing odds of the Bank of England raising interest rates further could act as
AUD/USD Price Analysis: Bulls in control above confluence of 100 hourly SMA and ascending channel
A combination of factors help AUD/USD gain traction on Wednesday. A good recovery in the demand for the dollar limits
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