GBP/USD started the day at 1.6726, and slowly moves higher coming closer to 1.6740 resistance. CPI data from the UK remained unchanged, thus the focus now turns to Labor report.
The British Pound is unlikely to find direction cues in UK Jobless Claims data. The US Dollar may rise if an upbeat Fed Beige Book bolsters QE “taper” continuity bets.
The dollar held a gain against most of its 16 major counterparts as investors sought haven assets amid tension in Ukraine and before Federal Reserve Chair Janet Yellen speaks today.
Analyst Anders Fischer at Danske Bank observes that markets keep their focus on the events from Ukraine. “Focus continues to be on the developments in Ukraine after authorities...
Bank of Japan Governor Haruhiko Kuroda said at a press conference in Tokyo on Wednesday that the Japanese economic recovery progressed at a moderate pace and that the central bank's monetary easing...
Ivan Delgado - A weaker Yen and Kiwi as Nikkei surges and New Zealand shows inflationary pressures easing...
JPY Flows: Kuroda: BOJ QE having positive impact on stocks by FXMarketAlerts
NZDUSD takes a hit on disappointing inflation by Forex.com
Which way could USD/CHF be headed? by Babypips
USD/JPY - US Dollar / Yen Entry : 102.2 Stop : 102.05 Resistances : 102.65 - 102.5 - 102.25 Supports : 101.7 (...)
AUDUSD bull pressures intact as modest support holds.20 A setback within the current digestion range to nudge...
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This article written by Gernot Daum was originally published in the April 2014 issue of Traders' Magazine....