GBP/USD Price Analysis: Mean reversion to near 20-EMA around 1.2050 looks likely
The heat of the risk-aversion theme has dragged the Cable below 1.2230. No trend can
Financial and Business News
The heat of the risk-aversion theme has dragged the Cable below 1.2230. No trend can
Economists at Brown Brothers Harriman & Co. (BBH) maintain a bullish outlook for the US
The Chinese culture says that one picture is worth a thousand words, and the exhibition
Markets turn risk-aversion after Fed Chair Jerome Powell appeared hawkish at Jackson Hole. Fears of
NZD/USD drops to a multi-week low on Monday amid relentless USD buying interest. Bets for
AUD/USD falls to a multi-week low on Monday and is pressured by a combination of
USD/JPY catches a fresh bid in Asia on renewed USD buying. Powell, Kuroda underscore Fed-BOJ
EUR/USD looks south towards 0.9900 as US dollar bulls refuse to give. Rebounding yields, risk-aversion
AUD/USD remains sold-off into dovish RBA tone and US-China woes over Taiwan. RBA hikes key
GBP/USD bulls are yielding into bearish control below 1.2000. UK political jitters and recession fears