GBP/USD retreats to 1.2000 post-UK CPI, downside seems cushioned amid softer USD
GBP/USD continued with its struggle to make it through the 1.2040-1.2045 resistance zone. Stronger UK
USD/CAD Price Analysis: Struggles near two-week low/50-DMA ahead of Canadian CPI
USD/CAD languished near a two-week low amid the prevalent USD selling bias. Softer crude oil
AUD/USD flirts with monthly high, sits above 0.6900 amid subdued USD demand
AUD/USD gains traction for the fourth straight day and climbs to a fresh monthly high. Receding
Post CPI, pre-ECB correction continues – Societe Generale
According to Kit Juckes, Macro Strategist at Societe Generale, the euro rallied around 1% after
EURUSD price spikes to mid-1.0200s, two-week high on rising odds for 50 bps hike by ECB
EURUSD price jumped to a nearly two-week high and was supported by a combination of
AUD/USD jumps to 0.6900 neighbourhood, over two-week high amid sustained USD selling
AUD/USD gained strong positive traction on Tuesday and shot to over a two-week high. The
USD/THB now seen within 36.33 and 36.75 – UOB
USD/THB seems to have moved into a consolidative phase within the 36.33-36.75 range for the
USD/CNH: Further upside in the pipeline – UOB
USD/CNH could extend the bullish momentum to the 6.8000 region in the next few weeks,
BoE’s Saunders: Neutral rate is higher than 1%; bank rate could go to 2% next year
Bank of England policymaker Michael Saunders crossed the wires in the last hour, saying that
EUR/USD: Recovery gathers steam and targets 1.0200
EUR/USD adds to Friday’s advance and surpasses the 1.0150 level. The dollar remains offered amidst