GBPJPY Forex Analysis - Divergence At 174.27 Daily Resistance

USDJPY, EURUSD, AUDUSD

First NFP report after Fed’s rate cut; USDJPY dives sharply; Eurozone flash CPI in the spotlight with EURUSD standing below 1.1200; BoJ Summary of Opinions on Tuesday; GBPJPY slightly recoup losses

XM Group | il y a 19

Dollar Remain Strong on Upbeat CPI

The U.S. CPI readings released last night exceeded market expectations, dispelling concerns about an economic contraction and supported the dollar's strength.

PU Prime | il y a 37

Sterling Ease on BoE Rate Cut

The BoE's decision to cut rates by 25 basis points came in line with market consensus, leading to a decline in the Pound Sterling

PU Prime | il y a 78

GBPJPY selling drama stretches below 200-EMA

GBPJPY’s massive sell-off continues, reaches 3-month low. Short-term risk bearish but oversold conditions detected. BoE policy announcement might influence GBP at 11:30 GMT.

XM Group | il y a 79

Dollar Plummets against Yen as BOJ Rate Hike Bets Rise

The US Dollar plummeted against the Japanese Yen to 155.60 from 157.37. Rising expectations of a BOJ rate hike at their policy meeting next week weighed on the Greenback.

ACY Securities | il y a 86

Euro Jumps After Legislative Vote Held

The dollar's recent strength was tempered by last Friday's Personal Consumption Expenditures (PCE) reading, which aligned with market expectations. The mixed results of recent U.S. economic indicators have cast uncertainty over the Federal Reserve's upcoming monetary policy moves, although part of the market remains optimistic about an October rate cut.

PU Prime | il y a 110

Forex Market Report - 19th June 2024

Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly.

DNA Markets | il y a 123

GBP Breaks Higher and Reaches New Post-Brexit High – Or Is This Another Media Lie?

The British pound (GBP) is experiencing a significant rise, reaching new heights since Brexit. This increase has pushed the Bank of England's Trade Weighted Index (BoE TWI) past its previous March peak, reaching levels not seen since June 24, 2016, when the pound plummeted following the UK's decision to leave the European Union.

ACY Securities | il y a 142

EURUSD	1.08668	GBPUSD	1.3051	AUDUSD	0.67015
USDJPY	149.524	USDCAD	1.37843	USDCHF	0.8645