Pound Sterling stays under pressure against US Dollar as traders pare back Fed dovish bets
The Pound Sterling (GBP) remains under pressure near 1.2600 against the US Dollar (USD) in Monday’s London session. The ...
FXStreet23m
AUD/USD: Likely to trade in a sideways range of 0.6445/0.6485 – UOB Group
Momentum indicators are turning flat; Australian Dollar (AUD) is likely to trade in a sideways range of 0.6445/0.6485. In the longer run, further AUD weakness still appears likely; the next level to ...
DXY: Consolidation on the day – OCBC
The US Dollar (USD) bulls show signs of fatigue even as better US data last Fri did not fuel further USD upticks. DXY was last at 106.52 levels, OCBC FX analysts Frances Cheung and Christopher Wong ...
FXStreet45m
EUR: Delaying the 1.05 break – ING
EUR/USD to trade around 1.04 at year-end “Our economists are cautiously optimistic on the eurozone-wide figure, where they expect 50.2 (consensus is 50.0), although they suspect German figures could ...
USD: Some positioning concerns remain – ING
That is a relatively long period for markets, and one where – net of any positioning-related wobble – the long dollar ‘Trump trade’ may remain the only clear-cut directional call in FX. We suspect DXY ...