GBP/USD Price Analysis: Seems vulnerable post-BoE, ascending channel breakdown in play
GBP/USD dives to a fresh weekly low after the BoE announced its policy decision. Ascending
Stronger labour force participation should keep Canadian unemployment stable at 4.9% – TDS
Analysts at TD Securities (TDS) offered a brief preview of the Canadian monthly employment report,
Australia: Real Q2 retail sales to increase by a robust pace of 2.0% q/q – TDS
Analysts at TD Securities (TDS) offered a brief preview of the final version of the
USD/CNH now looks to 6.8100 – UOB
Further upside in USD/CNH could see the 6.8100 level revisited in the near term, comment
USD/CAD climbs to multi-day high amid sliding oil prices, modest USD rebound
A combination of supporting factors pushes USD/CAD higher for the second straight day. Weaker oil
GBP/USD retreats further from multi-week high, slides below 1.2200 amid rebounding USD
GBP/USD slips back below the 1.2200 mark on Tuesday amid a goodish USD rebound. Recession
EUR/USD comes under pressure and threatens 1.0200
EUR/USD’s upside momentum falters ahead of the 1.0300 mark. The dollar looks bid amidst renewed
FX option expiries for August 2 NY cut
FX option expiries for August 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
GBP/USD: Further gains could revisit 1.2335 ahead of 1.2400 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted the upside
NZD/USD: Further upside favoured on a close above 0.6365 – UOB
NZD/USD could extend the upside bias once 0.6365 is cleared, note FX Strategists at UOB