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Category: Forex Outlook

Crypto & FX News Forex Outlook

USD/JPY – downside risk is as big as ever – Societe Generale

Posted By Omkar Godbole

Despite the slide in the US dollar, the greenback is still being viewed by most as an ‘overvalued currency’, while the Euro is perceived to be cheap.…

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Crypto & FX News Forex Outlook

GBP: In search of a positive catalyst for further upside – ING

Posted By Dhwani Mehta

Viraj Patel at ING Bank, in its latest daily fx strategy reports, notes that the GBP/USD pair is awaiting some positive fundamental or political new

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Crypto & FX News Forex Outlook

BOJ remains optimistic to achieve inflation target – WSJ

Posted By Omkar Godbole

Wall Street Journal (WSJ) report quotes people familiar with the BOJ’s thinking as saying that the central bank is optimistic about achieving 2 percen

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Crypto & FX News Forex Outlook

WTI Oil – Off ten-day low, still down 1%

Posted By Omkar Godbole

WTI oil has recovered from the ten-day low of $62.75 but still remains 1.10 percent lower on the day at $63.10 levels.…

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Crypto & FX News Forex Outlook

USD/JPY: risks skewed on the downside – Danske Bank

Posted By Haresh Menghani

“USD/JPY is slightly under pressure this morning, as concerns about a potential US government shutdown weigh on the cross” writes Christin Tuxen, Chie

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Crypto & FX News Forex Outlook

EUR/USD refreshes session tops, 1.23 handle back on sight

Posted By Haresh Menghani

   •  Continues gaining traction amid notable USD weakness. 

   •  DXY struggles to find support from surging US bond yields.

   •  Likely to consol

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