EUR/USD breaks lower, selling still dangerous
The EUR/USD pair broke below 1.1030 and 1.0000 that reveals dark economic clouds over the eurozone. It will reinforce negative sentiment on EUR and bears will make further attempts.
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Sterling downside limited, fade EUR/GBP gains
The sterling sentiment will remain very fragile and volatility will remain high in the short term. A lot of negative factors have already been priced in, however, and only.
Makes sense to buy precious metals on dips
Persistent attacks on the Federal Reserve and dollar by President Trump will continue to support demand for precious metals with strong support on dips. Euro vulnerability caps its gains.
Sterling slumps on parliament suspension reports, volatility to surge
Sterling volatility will remain extremely high in the short term as political jitters intensifie with moves to suspend parliament, thus undermining short-term investor's confidence. There is the risk.
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GBP/USD trading sideways, net support on dips
The Bank of England has little scope to cut interest rates provided that inflation is just above the target which will cushion the pound sterling. Opposition leaders will also look.
USD asserts strenght ahead of Powell test, volatility sets to surge
The US dollar is gaining ground in the run-up to Powell's speech and is due to spike on the comments with EUR/USD poised to dip to fresh 2-year lows below.
EUR boosted by eurozone's PMI data, EUR/USD gains still capped
The eurozone's PMI data will provide EUR with protection. Further EUR/USD support is seen close to 1.1070, but the pair is still facing major obstacles to gains with the initial.
Overbought Swiss franc may face some losses
The Swiss franc got under pressure amid the global economic slowdown and the further easing of the ECB monetary policy. Obviously, risk sentiment will remain very fragile, and the franc.
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