Forex - GBP/USD, USD/JPY Flows: USD/JPY hit fresh 4-month highs, next offers 103.30-50. GBP at 4-month lows, key 1.6600; eye BoE MPC and Fed FOMC Minutes


Published at 04:40 (GMT) 20 Aug


GBP/USD, USD/JPY Flows: USD/JPY hit fresh 4-month highs, next offers 103.30-50. GBP at 4-month lows, key 1.6600; eye BoE MPC and Fed FOMC Minutes (MEZC7401)

USD/JPY hit fresh 4-month highs, to 103.22-23, on break of 103.15. Highest level since April 7 103.41. Next offers 103.30-50.

GBP at 4-month lows, key 1.6605, eye key 1.6600 Options. GBP eye BoE MPC and Fed FOMC Minutes. Greenback broadly firmer across the board. WL

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to daily gains above 1.0650

EUR/USD clings to daily gains above 1.0650

EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.

EUR/USD News

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD recovers toward 1.2450 after UK Retail Sales data

GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.

GBP/USD News

Gold holds steady at around $2,380 following earlier spike

Gold holds steady at around $2,380 following earlier spike

Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.

Gold News

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium

Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in

Bitcoin price shows no signs of directional bias while it holds above  $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research. 

Read more

Week ahead – US GDP and BoJ decision on top of next week’s agenda

Week ahead – US GDP and BoJ decision on top of next week’s agenda

US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.

Read more

Majors

Cryptocurrencies

Signatures