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The British government has decided not to rely on data from its portfolio of non-hosted cryptocurrencies. Second, the online publishing guide, and cryptocurrency portfolios not hosted, not only reported to the United Kingdom Tesor department. Consequently, private portfolios can make transactions without the need to dispose of KYC functionality. However, the British government has reserved […]
EUR / USD price action slides to about 1.0520, during a change in the risk-off push. However, traders are waiting on the publication of the Eurozone HICP and the Fed: Powell’s Statement for directions. A preparatory assessment of Eurozone HICP is a stabilization of the previous publication. The Euro area upward forces have swapped attention […]
AUD / USD gets to lower price levels around 0.7030, after its renews its 3-weeks low. Bad news from China combined with risk-avoiding moves supported the downward forces. This caused the AUD / USD to drop for 4-days straight. However, the AUD / USD pairs risk gauge losses can be related to rising anxieties of […]
The Euro is trading within a narrow consolidation in European session on Friday, but keeps negative tone, following 0.92% post-ECB drop on Thursday. The single currency lost ground as traders were disappointed by a lack of firmer signals from the ECB about more aggressive steps in the coming months, which were widely anticipated ahead of […]
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Cable is moving within a narrow range in early Friday and remains constructive after Thursday’s 0.75% advance. Technical picture is mixed, as moving averages of 10/20/30 days are conflicting, bullish momentum is weaker and RSI neutral. Falling daily Ichimoku clouds weighs, along with a double-top pattern forming on weekly chart and warning of recovery stall. […]
Dollar weakens mildly further after worse than expected ADP job data. But selloff is limited as traders are probably cautious ahead of tomorrow’s non-farm payrolls. But overall, Yen remains the worst performing one for the week. Sterling and Euro are the next weakest even though both are trying to recover some ground. Australian Dollar is… […]
Cable holds in red on Tuesday, as dollar rose on month-end demand, while weaker than expected UK mortgage approvals data added to negative near-term tone. Traders also worry that soaring inflation may significantly hurt consumer demand that would further pressure pound. Daily momentum indicators turn south and stochastic emerges from overbought territory, generating initial negative… […]
EUR / GBP tries to recover near the 0.8515 price level; as the European trading session commences today. EUR acquires upward momentum with some important events ahead. In addition, upholding the pair’s recent correction may be the guarded hopefulness in the market. Also, a High Harmonized Index Consumer Price that was recorded yesterday emphasizes Christine […]
The euro continued rallying ahead of key economic data from the euro area. Eurostat will publish the flash consumer inflation data from the bloc. Analysts expect the data to show that the headline CPI rose from 7.4% to 7.7%, which will be the biggest increase ever recorded. The core CPI, which excludes volatile food… Euro […]
