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The GBP/USD got a much-needed boost on Monday as market sentiment improved. The Pound remains well off last week’s highs after a fresh round of risk flows into the Dollar.…

The AUD/JPY rose to a two-day high of 94.90, but remains in a consolidation phase, maintaining a mild bullish bias above the Ichimoku cloud. Recent resistance is at the 95.00…

Philadelphia Fed President Patrick Harker said the Fed will not increase economic pressure by raising borrowing costs. The Fed should not consider raising interest rates at this time. He reiterated…

The EUR/JPY ended the day up 0.47%, bouncing off the day’s low of 156.98. Technical indicators suggest that the EUR/JPY may rise towards the 12th of October highs. Against the…

The USD/CHF fell 0.30% during Monday’s trading session, failing to consolidate above the 200-day simple moving average (SMA) at 0.9018, and dropping below the low of 0.9000. Correspondingly, the daily…

The USD/CHF pair fell for the second consecutive session to around the 0.9020 level during Monday’s Asian session. Uncertainty over the Federal Reserve’s (Fed) interest rate outlook has created a…

In early European trading on Monday, the EUR/JPY gained momentum near the 157.47 level. The pair bounced off last Friday’s low of 157.05 as risk sentiment improved. However, safe-haven flows…

Poland held parliamentary elections. There is no reason for the currency markets to price in euphoria for the Polish zloty. An opposition coalition is likely to win a majority. This…

Against the backdrop of a so far decent rally in risk assets at the start of the week, the U.S. Dollar Index gave back some of its recent two-day rally…

The Euro (EUR) has started the new trading week on a positive note against the U.S Dollar (USD), allowing the EUR/USD (EUR/USD) to extend its rebound from around 1.0500 and…