Forex Today: Fed-inspired dollar selloff pauses as focus shifts to BOE
Here is what you need to know on Thursday, May 5: The dollar faced heavy
USD/JPY risks a drop to 128.30 – UOB
In opinion of FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang,
EUR/USD: Bulls could not hold the upside, back to 1.0600
EUR/USD faces decent resistance near 10640. Germany Construction PMI retreated to 46.0 in April. German
EUR/USD could now attempt a move to 1.0695 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang suggested EUR/USD could
GBP/USD has now moved into a consolidation phase – UOB
According to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang, GBP/USD
AUD/USD surges above 0.7200 post-Fed hike, as Chair Powell rules out 75-bps increases
The AUD/USD record gains of more than 130 pips and eyes the 100-DMA at 0.7260.
USD/CAD Price Analysis: Bears pause on the way to sub-1.2700 zone
USD/CAD grinds lower following the biggest daily fall in a fortnight. Impending bear cross, trend
Forex Today: Overdue dollar correction underway ahead of key data
Here is what you need to know on Friday, April 29: The US Dollar Index
EUR/USD bounces off 2022 lows around 1.0480, focus on data
EUR/USD rebounds from multi-year lows around 1.0480. The dollar climbed to levels last seen in
AUD/USD snaps four days of losses and clings to 0.7120s despite a buoyant US dollar
The Australian dollar is recording gains of 0.09% vs. the greenback. China’s Covid-19 outbreak appears