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GBP: Higher M-Term But UK Data Poses Downside Risk This Week – Barclays

Barclays Capital FX Strategy Research continues to expect medium-trend GBP appreciation, but notes that the expectations for UK data releases this week skew the risks for GBP to the downside after a multi-week surge.

In that regard, Barclays expects Read More →

Dollar weighed by sour inflation and retail sales data

The U.S. dollar slipped lower on Friday, creeping away from near a two-month high versus the yen hit in the prior session and plummeted against the euro, following weaker-than-expected U.S. economic data. Sluggish inflation data snd weaker than expected retail Read More →

EURCHF – Euro Struggling To Hold Gains Vs Swiss Franc

Key Points

  • The Euro made a nice upside move and traded close to the 1.10 handle against the Swiss Franc.
  • The EURCHF pair is currently correcting lower and formed an expanding triangle with support at 1.0920 on the hourly chart.
  • Read More →