Forex

TD: Base case is for ECB 50bps hike; Fade EUR/USD rallies on 75bps hike

TD Research discusses its expectations for tomorrow's ECB policy decision."The outcome is near a coin toss, but ultimately we sit (just) on the 50bps hike side for September's decision. Both outcomes are likely...

GBP/USD Heading Swiftly Toward March 2020 Lows

POUND STERLING ANALYSIS & TALKING POINTSPlanned fiscal stimulus weighs on GBP.10-year Gilt yields through 3%.Fed speakers in focus later today.GBP/USD FUNDAMENTAL BACKDROPCable has been unable to shirk off a surging USD, while the...

Dollar gains, euro slips further from parity By Reuters

© Reuters. FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Herbert Lash and Alun John NEW YORK/LONDON...

Dollar holds more mixed on the day

The dollar is sitting in a mixed spot so far on the day, trading higher against the likes of the yen and antiopdeans but lower against the loonie, euro, and pound. The changes...

Fibonacci Confluence on FX Pairs

Talking Points:- As looked at earlier in this module,Fibonacci retracements can help traders to identify possible support/resistance. - We’ve previously discussed how a trader can use Fibonacci retracements on long-term-charts, and by focusing...

Dollar Soars as Euro Falls Below 0.99; Worry of Energy Shortages Weigh By Investing.com

© Reuters. By Peter Nurse Investing.com - The U.S. dollar rose to a new two-decade high in early European trade Friday, while the euro slumped to its lowest level since 2002 after Russia halted...

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