AUDUSD Price Analysis: Descending channel resistance to cap recovery from two-year low
AUDUSD staged a goodish bounce from a two-year low and snapped a two-day losing streak.
Aussie Trade Balance puts a marginal bid into AUD/USD
Australia's Trade Balance has been released by the Australian Bureau of Statistics as follows: Australia
EUR/GBP rises to test toward 0.8550, pound hampered by political angst
EUR/GBP is rising in the Asian session and eyes are on a break of 0.8550. UK politics
USD/CNH: Rising bets for a move above 6.7400 – UOB
Extra strength in USD/CNH carries the potential to break above the 6.7400 level in the
GBP/USD slides further below 1.1900, lowest since March 2020 amid UK political crisis
GBP/USD met with a fresh supply on Wednesday and dropped to its lowest level since
USD/CNH still faces some consolidation near term – UOB
USD/CNH keeps the 6.6600-6.7400 range well in place for the time being, said FX Strategists
Expect a further depreciation of the Chinese renminbi – Natixis
In the view of economists at Natixis, China’s economic strategy must now change. China’s growth
USD/CAD spikes to 1.2930-35 area amid weaker oil prices, broad-based USD strength
A combination of factors assisted USD/CAD to regain strong positive traction on Tuesday. Sliding oil
EUR/USD Price Analysis: Extra losses remain on the table
EUR/USD collapses below the 1.0300 yardstick. A probable drop to parity slowly emerges on the
USD/JPY now moved into a consolidative phase – UOB
USD/JPY is now seen navigating the 134.75-137.00 range in the next weeks, commented FX Strategists