recession

GBP/USD fails to make a significant recovery and remains near two-and-a-half year lows

GBP/USD fails to make a significant recovery and remains near two-and-a-half year lows

GBP/USD attracts some intraday buying on Monday, but lacks follow-through. A modest dollar pullback from two-decade highs offers some support…

GBP/USD remains defensive below 1.1500 ahead of UK PM

GBP/USD falls to its lowest level since March 2020 and is under pressure from a combination of factors. The gloomy…

USD/CAD approaches 1.3100, downside potential seems limited

USD/CAD pulls back further from a multi-week high and is under pressure from a combination of factors. The rally in…

GBP/USD remains in a range near 1.1550 after NFP, looks vulnerable

GBP/USD extends its range-bound price action on the release of monthly US employment data. The dollar fell in reaction to…

AUD/USD hits fresh daily high after NFP, but loses continuity beyond 0.6850

AUD/USD adds to intraday recovery gains and refreshes daily high in reaction to US mixed employment report. The US economy…

AUD/USD remains bearish near multi-week lows

AUD/USD remains depressed near a multi-week low and is under pressure from a combination of factors. Aggressive expectations from the…

Fitch: Recession in the Eurozone from 2022 with the natural gas tap closed

Recession in the eurozone has now become the most likely possibility against the backdrop of the intensifying natural gas crisis,…

GBP/USD struggles to preserve modest intraday gains and pulls back towards 1.1700

GBP/USD trims modest intraday gains and pulls back to the lower end of its daily range. A combination of factors…

USD/CAD recovers initial lost ground and returns to 1.3000 amid sharp drop in oil

USD/CAD reverses an intraday decline and is supported by a combination of factors. A sharp pullback in oil prices undermines…

Goldman Sachs: Impressive performances in Greece, Portugal and Spain limit recession in Eurozone that has already begun

Her Eleftherias Kourtalis The ongoing energy crisis has further weakened growth prospects across Europe, with Goldman Sachs now expecting a…