Monthly archive October, 2017

GBP: Set To Rally Post-BoE Meeting; A Buy Vs USD & JPY This Week – Barclays

Barclays Capital FX Strategy Research expects GBP to rally on the back of a Bank of England set to raise rates to 0.50% at its meeting on Thursday. while leaving its QE Asset Purchase Program unchanged.

"In its statement, Read More →

NZDUSD – New Zealand Dollar Eyeing Further Declines Vs US Dollar

Key Points

  • The New Zealand Dollar declined recently and settled below 0.6900 against the US Dollar.
  • There is a major bearish trend line forming with resistance at 0.6860 on the hourly chart of NZDUSD.
  • Today in New Zealand, the Building Read More →

EURGBP – Euro Remains Under Pressure Vs British Pound

Key Points

  • The Euro declined recently and traded below the 0.8880 support against the British Pound.
  • There is a crucial bearish trend line forming with resistance at 0.8930 on the hourly chart of EURGBP.
  • Today in the Euro Zone, the Read More →