EUR/GBP Price Forecast: Finds temporary support at the bottom of a range
The trend is bearish both in the short and medium-term and given the principle that “the trend is your friend” this means the ...
GBP: Growing strength near term – ING
The Pound Sterling's (GBP) rally on yesterday's Bank of England communication looks fully justified. It’s hard to rule out ...
XAU/USD outlook: Gold surges to new all-time high above $2,600
Gold price has moved at a high speed and rose from $2000 (which marked very strong resistance) to $2600 in about ten months.
Gold hits new highs on expectations of global rate cuts
Gold breaks to new record highs on Friday as central banks worldwide are expected to follow the Fed’s example. The precious ...
USD: Getting softer amid intra-day volatility – ING
Amid much intra-day volatility, the Dollar Index (DXY) is down around 0.5% on the week. That's not much, but DXY is now just a whisker away from the lowest levels in two years, ING’s FX strategist ...
EUR: The breakout feels imminent – ING
EUR/USD is falling back toward 1.1150 in European trading on Friday, reversing early gains. Risk sentiment sours and lifts the haven demand for the US Dollar, fuelling a pullback in the pair. The ...