The Pound Sterling (GBP) continues to face the wrath of dismal market sentiment in the European session on Monday.
Blogs
A weaker Dollar is likely but a correction stronger first is probable – MUFG
The US Dollar has started the year by rebounding after the sharp sell-off in November and December.
Gold price eyes more downside as Fed rate-cut hopes recede
Gold price (XAU/USD) continues to face a sell-off in Monday’s European session due to upbeat United States Nonfarm Payrolls (NFP) data for January.
A Trump effective attack on Fed's independence could end up being very negative for the Dollar – Commerzbank
The Fed's monetary policy is clearly USD-positive at the moment.
Pound Sterling Price News and Forecast: GBP/USD falls further as solid US NFP lift Dollar
GBP/USD lost nearly 1% on Friday and registered losses for the week as the US Dollar (USD) rallied on the back of the impressive labor market data for January.
USD/JPY: Narrowing policy divergence should encourage a stronger Yen in the coming months – MUFG
Economists at MUFG Bank analyze implications for the FX market from recent G10 central bank updates.
EUR/USD to drift higher in the second half of the year – MUFG
In January, EUR/USD weakened back after end-2023 rebound. Economists at MUFG Bank analyze the pair’s outlook.
Domino’s Pizza (DPZ) should reach the blue box in this quarter
Domino’s is an American multinational pizza restaurant chain.
EUR/USD weakens further below 100-day SMA, fresh YTD low and counting amid bullish USD
The EUR/USD pair trades with a negative bias for the second successive day on Monday and languishes near the YTD trough, around the 1.0770 region during the early European session.
AUD/USD tests territory below 0.6500 on dismal market mood, RBA policy eyed
The AUD/USD pair has extended its downside slightly below the psychological support of 0.6500 in the European session on Monday.