Main Pairs

British pound falls for the first time in the week, falls from weekly highs. Worse than expected, US economic data failed to boost sterling. Strong UK economic data failed to support the GBP. GBP/USD Technical…
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Japanese Yen Benefits Amid Weak US Data and Risk Aversion. DXY trims losses and turns positive during the American session. USD/JPY has the biggest weekly loss in a year. The USD/JPY extended weekly losses and fell to…
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The Loonie loses ground against the dollar amid the release of worse-than-expected US economic data. US retail sales suffered the biggest contraction in 10 months. USD / CAD Technical Outlook: Bullish bias, although…
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The DXY reverses the previous slide to 2-month lows near 94.60. US retail sales surprised to the downside in December. US Consumer Sentiment comes next on the economic agenda. Followed by the US Dollar Index (DXY),…
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The dollar gains moment before US data. AUD / USD cuts weekly gains on Friday and weakens. The AUD / USD is falling on Friday and extends the pullback after hitting 0.7314 on Thursday, the highest level since Nov. 16.…
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The DXY flirts with the 100-day simple moving average at the 94.60 region on Friday. The next containment zone appears in the 93.80 area. The dollar remains under downward pressure, dragging the US dollar index (DXY)…
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In the opinion of the currency strategists at the UOB Group, further rise seems likely in GBP / USD In the next weeks. Featured Comments 24 hour view: "We highlighted yesterday that 'while GBP / USD could strengthen',…
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Further decline in USD / JPY faces a stiff barrier around 113.60 in the coming weeks, as suggested by currency strategists at UOB Group. Featured Comments 24 hour view: "We expected USD / JPY to 'test 114.30'…
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UOB Group forex strategists now see the EUR/USD facing some short-term consolidation before a potential move past the 1.1500 figure. 24 hour perspective: "We highlighted yesterday that strong momentum to the upside…
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The Australian dollar is up for the fourth day in a row. A risk-off market failed to stop the AUD's rally, courtesy of the broad weakness of the US dollar. Market participants mainly ignored the mixed macroeconomic…
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