Tag Archives: gbpusd

18 July: Forecast: FX: US$/Majors

  EURUSD: 1.1477 24 Hour Outlook: Neutral Medium Term: Prefer to buy dips. Preferred 24-hour Strategy: Range trade 1.1430/1.1530? EurUsd has had a choppy session below the previous high of 1.1489, and we could be in for more of the same today while waiting on Thursday’s ECB meeting unless the German/EU ZEW Economic Sentiment Survey provides something directional.… Read More »

6 July: Forecast: FX: US$/Majors

  Economics/ Politics/Central Banks: The Fed minutes hinted at increasing tensions on inflation shortfall Fed policymakers discussed possible reasons why financial conditions had not tightened following hikes in Fed funds rate Several Fed board member wanted to announce start of balance-sheet trimming within a ‘couple of months’ Currencies: Mostly rangebound, in choppy trade after the release of the… Read More »