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GBP/USD: In Range N-Term; EUR/USD: A ‘Coiled Spring’ – SocGen
Societe Generale FX Strategy Research notes that while GBP has continued to be supported by resilient economic data, uncertainty still drags on.
"The risks to the economy remain huge and when we weigh a very bearish consensus against those Read More →
EURJPY – Euro To Extend Declines Vs Japanese Yen
Key Points
- The Euro failed to recover from the 115.93 low against the Japanese yen, and remains at a risk of more declines.
- The EURJPY faced a bearish trend line with resistance at 116.45 on the hourly chart.
- Today in Read More →
JPY: A Hedging-Induced Rally; What Next – ABN AMRO
ANB AMRO FX Strategy Research notes that the recent deterioration in investor sentiment has resulted in a strengthening of the yen across the board.
In that regard, ANB AMRO argues that the the current developments in the options market Read More →
Geopolitical tensions take over market sentiment
Geopolitical tensions take over market sentiment and we see it refelcted in Gold, the price of which surged by 1.6% over yesterday’s trading session. The yellow metal surged at least $20 higher to $1275.01 throughout yesterday’s session and has this Read More →