FxWirePro: GBP /NZD consolidating around 2.1325,bias is bullish
Sep 16, 2024 23:45 pm UTC| Technicals
GBP /NZD edged higher on Monday as focus shifted UK inflation data and central bank meeting. Inflation figures released on Wednesday will be crucial ahead of the BoEs policy announcement. The BoE is widely...
FxWirePro: GBP/AUD hovers around 1.9568 as market seeks new direction
Sep 16, 2024 23:31 pm UTC| Technicals
GBP/AUD struggling for direction on Monday as investors awaited fresh catalyst for further movement. GBP/AUD stood at 1.9569, having eased slightly from 1.9607(Daily high). GBP/AUD has managed to stay clear of major...
FxWirePro: EUR/AUD stuck in range as market wait for fresh catalyst for direction
Sep 16, 2024 23:17 pm UTC| Technicals
EUR/AUD eased on Monday, but the downside was limited as the pair struggled for direction amid thin liquidity Holidays in China, Japan, South Korea and Indonesia made for thin conditions. Australia will release the...
FxWirePro- Major Pair levels and bias summary
Sep 16, 2024 17:57 pm UTC| Technicals
Major Pair levels and bias...
FxWirePro: USD/ZAR hits two week low, scope for further downside
Sep 16, 2024 17:08 pm UTC| Technicals
USD/ZAR fell to a two-week low on Monday as markets prepared for a week filled with interest rate announcements and South Africas inflation report. The U.S. Federal Reserve will announce its policy decision on...
FxWirePro: GBP/USD rises towards 1.3200 level as the pairs bullish allure persisted across the board
Sep 16, 2024 15:01 pm UTC| Technicals
GBP/USD climbed towards 1.3200 level on Monday as sterling attracted bids ahead of this weeks UK inflation data and central bank meeting. Inflation figures, due for release on Wednesday, will be crucial data ahead of...
FxWirePro- EURUSD Daily Outlook
Sep 16, 2024 13:45 pm UTC| Technicals
EURUSD trades above 1.1300 on board-based US dollar selling. It hits a high of 1.11333 at the time of writing and is currently trading around 1.11322. Markets anticipate a 50 bpbs rate cut by Fed this Wednesday....