By FXStreet Richard Franulovich, Strategist at Westpac, has recommended selling the pair on strength toward 1.29/1.30 if seen. Key Quotes“Near term outlook more neutral but a better seller
By FXStreet ECB board member Yves Mersch casted a mantle of doubt over the effectiveness of ECB’s negative rates policy, regarding it as probably overestimated. EUR/USD keeps its
By FXStreet The British pound is now rapidly depreciating vs. the dollar, pushing GBP/USD to fresh lows in the 1.4470 area. GBP/USD weaker on poor PMISpot met further
By FXStreet The services sector business activity in the UK deteriorated in April, marking a weak start to the second quarter and dropping to the lowest levels since
By FXStreet The single currency is now losing the grip vs. its American peer on Thursday, sending EUR/USD to daily lows in the mid-1.1400s. EUR/USD lower on USD-buyingThe
By FXStreet Extending its bounce from Wednesday’s low of 0.6860, the NZD/USD pair rose above 0.6900 on Thursday and is currently trading at the day’s peak of 0.6910.
By FXStreet The GBP/USD pair deflates from daily highs as we head towards the European open, shrugging-off solid bounce staged by the oil prices. The major pares gains
By FXStreet Analysts at BBH suggested the pair could met further downside pressure following a break below 64.34. Key Quotes“USD/RUB retraced the entire November-January rise before this week’s
By FXStreet The USD/CHF pair is seen defending the bids amid broad based USD softness, as a lack of fresh fundamental drivers amid holiday-quiet markets, keep the major
