Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB

As markets expect the US GDP, what levels should be expected in currencies? Here are the levels: Here is their view, courtesy of eFXdata: EUR/USD: Neutral (since 05 Jun 18, 1.1700): Still neutral but likely to trade at a higher range. No change in view. The price action in EUR over the past couple of days … “Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB”

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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB

As markets expect the US GDP, what levels should be expected in currencies? Here are the levels: Here is their view, courtesy of eFXdata: EUR/USD: Neutral (since 05 Jun 18, 1.1700): Still neutral but likely to trade at a higher range. No change in view. The price action in EUR over the past couple of days … “Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY – UOB”

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Chronicles of a Trade War: How Will It End?

Trump’s move to slap a 25% tariff on Chinese imports represented the beginning of a trade war between the world’s two largest economies. This tariff, which is expected to equate to around $34 billion worth of Chinese imports, has been reciprocated in kind by Beijing, who have accused the US President of having instigated the “largest … “Chronicles of a Trade War: How Will It End?”

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Chronicles of a Trade War: How Will It End?

Trump’s move to slap a 25% tariff on Chinese imports represented the beginning of a trade war between the world’s two largest economies. This tariff, which is expected to equate to around $34 billion worth of Chinese imports, has been reciprocated in kind by Beijing, who have accused the US President of having instigated the “largest … “Chronicles of a Trade War: How Will It End?”

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5 reasons why Bitcoin escaped the abyss

Bitcoin is on fire, trading at the highest levels in 3 months, decoupling from other cryptos.  There are five primary reasons for the rise, and seasonality is one of them. The BTC/USD is has reached a new peak of $8,360 at the time of writing before consolidation it’s recent gains. This is the dearest price … “5 reasons why Bitcoin escaped the abyss”

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5 reasons why Bitcoin escaped the abyss

Bitcoin is on fire, trading at the highest levels in 3 months, decoupling from other cryptos.  There are five primary reasons for the rise, and seasonality is one of them. The BTC/USD is has reached a new peak of $8,360 at the time of writing before consolidation it’s recent gains. This is the dearest price … “5 reasons why Bitcoin escaped the abyss”

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GBP: A Lot Of Negativity Now In The Price – Barclays

The British Pound is trading above 1.3000 but still remains under a lot of pressure. Did it suffer too much? Here is their view, courtesy of eFXdata: Barclays Research discusses GBP outlook and argues that while GBP remains susceptible to headline risk but a lot of negativity is already priced. “Despite the softness in June inflation … “GBP: A Lot Of Negativity Now In The Price – Barclays”

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GBP: A Lot Of Negativity Now In The Price – Barclays

The British Pound is trading above 1.3000 but still remains under a lot of pressure. Did it suffer too much? Here is their view, courtesy of eFXdata: Barclays Research discusses GBP outlook and argues that while GBP remains susceptible to headline risk but a lot of negativity is already priced. “Despite the softness in June inflation … “GBP: A Lot Of Negativity Now In The Price – Barclays”

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