By FXStreet Research Team at BBH, notes that the UK reported firm labor market data. Key Quotes “April jobless claims came in at -2.4k vs. +5k expected, while
By FXStreet Gold once again retreated from $1280 level and dropped back to $1270 level, holding its near-term trading pattern within a narrow range. Gold bulls remain reluctant
By FXStreet The EUR/USD pair is currently retreating from new three-week troughs, although remains deep in the red amid strengthening demand for the US currency, as all eyes
By FXStreet Research Team at ING, notes that the UK labour report was much better than it could have been, although with 1Q job creation around a quarter
By FXStreet The research team at UOB Group reiterated USD/JPY‘s initial target at 109.70 in the next weeks. Key Quotes“USD touched a high of 109.64 yesterday, just below
By FXStreet Karen Jones, Head of FICC Technical Analysis at Commerzbank, suggested the likeliness that the cross could be developing a ‘Head and Shoulders’ pattern. Key Quotes“EUR/GBP after
By FXStreet In view of strategists at Westpac, the pair’s outlook remains neutral for the upcoming week. Key Quotes“Last week we shifted back to a neutral bias and
By FXStreet Senior Analyst at Danske Bank Jens Pedersen sees the likeliness of FX intervention by the DN if EUR/DKK slips lower. Key Quotes“EUR/DKK continues to trade with
By FXStreet Karen Jones, Head of FICC Technical Analysis at Commerbank, sees bullish attempts in EUR/USD facing the initial resistance in the 1.1465/95 region. Key Quotes“Rallies are expected
By FXStreet The EUR/GBP pair broke through 0.7800 handle after the release of UK employment figures that portrayed better-than-expected picture of the UK labor market. Analysts were pricing-in
