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GBP/USD Weekly Forecast: Speculative Perspective Important This Coming Week
Article By: Robert Petrucci
Sunday, May 12, 2024 5:30 PM EDT
Another week of rather volatile conditions persisted for GBP/USD currency pair speculators last week, as the Bank of England and growth data from the UK created impetus.
In this article: FXB, UUP
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Weekly Forex Forecast - Sunday, May 12
Article By: Adam Lemon
Sunday, May 12, 2024 4:00 PM EDT
The past week saw lower volatility in the Forex market. Last week’s key takeaway was the souring of risk-on sentiment due to expectations in the US of higher inflationary pressure, as well as Consumer Sentiment data which came in at a six-month low.
In this article: FXB, FXY, SLV, UUP, SPX, XAU
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Pairs In Focus This Week - Sunday, May 12
Article By: Christopher Lewis
Sunday, May 12, 2024 2:00 PM EDT
The euro rallied rather significantly against the Japanese yen during the trading week, as it successfully defended the JPY165 level. The market looks as though it is readying to attack the JPY170 level, which is a large, significant figure.
In this article: FXE, FXB, FXY, UUP, XAU Also: OIL
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Stocks Ended Week In Good Shape
Article By: Peter Ruud
Saturday, May 11, 2024 6:44 PM EDT
Summary, recommendations and targets for ES, NQ, 10-year bonds, oil, Gold, and the euro, Pound and yen.
In this article: SPY, QQQ, IEF, USO, GLD, FXE, FXB, FXY
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Forex And Cryptocurrencies Forecast For May 13-17
Article By: Roman Butko
Saturday, May 11, 2024 1:40 PM EDT
Throughout the past week, the EUR/USD currency pair exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve and the European Central Bank.
In this article: FXE, FXB, FXY, UUP, BITCOMP
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