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USD/CHF Forex Signal: Building Pressure Against Franc
Article By:
Christopher Lewis
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Tuesday, March 19, 2024 7:12 AM EDT
Potential signal: I am a buy on a move above the 200-Day EMA on a daily close. Stop loss is at the 0.8770 level, and I am moving to break even as soon as we hit 0.89 above. Target is 0.9090.
EUR/USD Forex Signal: Stuck In A Tight Range Ahead Of FOMC Decision
Article By:
Crispus Nyaga
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Tuesday, March 19, 2024 6:47 AM EDT
EUR/USD trades narrowly ahead of FOMC decision; set buy at 1.0980, sell at 1.0800. Rising DXY and bond yields influence direction, while technical analysis points to key resistance and support levels.
EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era
Article By:
Lallalit Srijandorn
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Tuesday, March 19, 2024 12:40 AM EDT
The EUR/JPY cross gains traction above the mid-162.00s during the Asian trading hours on Tuesday. The cross drifts higher after the Bank of Japan decided to end a negative interest rate era that began in 2016, in line with market expectations.
Rates Spark: The BoJ Effect Can Be Very Impactful Ahead
Article By:
ING Economics
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Monday, March 18, 2024 8:00 PM EDT
We'll be watching not just the near-term verbals out of the Bank of Japan, but also the medium-term implications. We think the market is primed to have an outsized reaction. It may not be today or even this week, but we do feel it's coming.
GBP/USD Attracts Some Sellers Below The Mid-1.2700s, All Eyes On Fed, BoE Rate Decision
Article By:
Lallalit Srijandorn
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Monday, March 18, 2024 7:46 PM EDT
The GBP/USD pair remains under some selling pressure during the early Asian session on Tuesday. The uptick in the US Dollar (USD) above 103.50 and higher US yields provide some support to the major pair.
Reckitt Rebounds But FTSE Flat On The Day
Article By:
Patrick Munnelly
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Monday, March 18, 2024 12:28 PM EDT
On Monday, the FTSE 100 of the UK saw a slight decrease down 0.15% as metal miners gained due to positive economic data from China.
In this article: EWU
The UK’s Improving Inflation Outlook In Six Charts
Article By:
ING Economics
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Monday, March 18, 2024 11:40 AM EDT
This Wednesday we’ll get the latest UK inflation figures, and the Bank of England will want to see confirmation that services inflation is starting to come down, as widely anticipated.
In this article: EWU
Brent Oil Nears $86 Amid Global Shifts
Article By:
Finance Brokerage
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Monday, March 18, 2024 9:56 AM EDT
In the Brent oil market, recent developments have painted a picture of increasing complexity and intrigue. The convergence of geopolitical tensions, economic indicators, and strategic maneuvers by key players offer a rich tapestry for analysis.
Speculation Of A BOJ Move Tomorrow Did Not Stop The Nikkei From Rallying Or Yen From Slipping
Article By:
Marc Chandler
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Monday, March 18, 2024 8:27 AM EDT
The US dollar is trading with a mostly softer bias against the G10 currencies. The notable exceptions are the Japanese yen and Swiss franc.
GBP/USD Forecast: Pulls Back To Test Crucial Area
Article By:
Christopher Lewis
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Monday, March 18, 2024 7:24 AM EDT
GBP/USD tests key 1.2725 level amid USD dynamics; potential for rebound to 1.2790 and beyond. Watch for breakouts or pullbacks in volatile market conditions.
USD/CHF Attracts Some Sellers Below 0.8550, Investors Await Fed, SNB Rate Decision
Article By:
Lallalit Srijandorn
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Monday, March 18, 2024 6:35 AM EDT
USD/CHF edges lower to 0.8535 in Monday’s early European session. The FOMC is anticipated to hold benchmark rates steady in the range of 5.25%–5.50% on Wednesday.
EUR/JPY Price Analysis: Bulls Maintained Dominant Position, Pressure Might Be Coming
Article By:
FXStreet
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Sunday, March 17, 2024 7:40 PM EDT
In Friday's session, the EUR/JPY pair traded with gains at the 162.27 mark, recording a 0.54% rise while attempting to conquer the 20-day Simple Moving Average. The bulls maintained a strong grip, as the buying momentum appeared to intensify.