Currency Analysis & Comment

The economic recovery is proceeding faster than expected in Europe and Germany. Both the United Kingdom and Europe are witnessing increasing GDP controversial too pessimistic Brexit forecasts.

GBP/USD is consolidating the vertical rise to 35-month highs of 1.4234, as the bulls are lacking follow though impetus after failing to recapture the

The direction of the USD/JPY the rest of the session on Wednesday will be determined by trader reaction to the support cluster at 105.347 to 105.317.

A goodish USD rebound and an uptick in the US bond yields prompted some selling around gold on Tuesday. The yellow metal was last seen trading around

The direction of the NZD/USD on Wednesday is being controlled by .7344.

The GBP/USD pair prolonged its recent bullish trajectory and surged to fresh 34-month tops, beyond the 1.4200 mark during the Asian session on Wednesd

EUR/GBP wavers around 0.8580, currently down 0.30% to 0.8581, ahead of Wednesday’s European session. In doing so, the quote battles an upward sloping

Gold (XAU/USD) consolidates its overnight recovery above $1800, having capitalized on Fed Chair Jerome Powell’s dovish comments. Powell signaled Tuesd

The gold price is likely to continue its upward trend through 2021 and could rally as high as $2,200 an ounce, Fahad Tariq, Precious Metals Analyst at

USD/JPY eases from intraday top of 105.50 to 105.45, up 0.18% intraday, during early Wednesday. In doing so, the yen pair keeps Tuesday’s recovery mov

Gold trades near $1,810 per ounce at press time, having failed to take out the descending or bearish 5-week Simple Moving Average of $1,816 on Tuesday

NZD/USD clocked a high of 0.7384 soon before press time – the level last seen in April 2018. The pair defended the former hurdle-turned-support of 0.7

As per the prior analysis on EUR/JPY within this weeks, The Watch List: Gold, USD/JPY, AUD/USD, EUR crosses and many more, the cross has indeed moved

EUR/USD is trading near 1.2160 at press time. That level is currently housing the neckline resistance of the inverse head-and-shoulders pattern, as se

Following its initial run-up to 1.0821, AUD/NZD drops back to 1.0773 during early Wednesday. The pair’s latest moves could be traced to the Reserve Ba