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GBPUSD: Can Be Seen Dropping Towards Its Support Of 1.0650
Article By: AAATrade
Wednesday, September 28, 2022 5:52 AM EDT
Looking at GBPUSD’s chart, we can see that it is in a downward trend and that it is unable to pass above the level of 1.0740, whereas currently it is traded at the rate of 1.067.
In this article: FXB
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Weekly Economic Activity In The UK, And Two Self-Inflicted Wounds
Article By: Menzie Chinn
Sunday, September 25, 2022 5:17 PM EDT
So far, the UK economy is plugging along. But (understatement of the year), challenges have arisen.
In this article: FXB, UUP
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Weekly Forex Forecast - Sunday, Sept. 25
Article By: Daily Forex
Sunday, September 25, 2022 4:00 PM EDT
The news is dominated by last week’s 0.75% rate hike and hawkish outlook from the Fed, which produced a strengthening of risk-off sentiment and saw a strong flow into the US dollar from other currencies, as well as from stock and commodity markets.
In this article: FXB, FXY, UUP, NDX, SPX, XAU
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Forex And Cryptocurrencies Forecast For Sept. 26-30
Article By: Roman Butko
Saturday, September 24, 2022 2:59 PM EDT
Last week, all attention was focused on the FOMC meeting, which took place on Sept. 21. The probability of another rate hike by 75 basis points had been estimated at 74%, and by 100 bps at 26%. The first forecast turned out to be correct.
In this article: FXE, FXB, FXY, UUP, BITCOMP, ETH-X
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Macro: Tell Us Something We Don't Already Know
Article By: Marc Chandler
Saturday, September 24, 2022 1:19 PM EDT
Given the extreme valuation of the dollar, one would expect US exports to have fallen. The fact that they rose to a record level in July does not seem to have received the attention due.
In this article: FXE, FXB, FXY, UUP
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