There are a couple to take note of, as highlighted in bold. The first ones are for EUR/USD at 1.0640-45 with about €1.9 billion in expiries lined up. It’s not a technically significant region but the expiries could look to hold off any upside price action before rolling off. Then, there is the one for
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The British pound sterling is showing signs of recovery, bouncing back from a five-month low, with stabilising around the 1.2470 mark on Thursday. This rebound is attributed to the release of , suggesting a possible monetary policy easing by the . The UK’s consumer price index (CPI) slowed to 3.2% year-on-year in March, down from
There are a couple to take note of, as highlighted in bold. The first ones are for USD/JPY with the big one being a $6 billion set of expiries at 153.00. That is seen quite a distance away from the current spot price, but it is one to take note of given the size. That
There are a couple to take note of, as highlighted in bold. The first one being for EUR/USD at 1.0630, which could help to limit price action movement in the session ahead. The pair is consolidating somewhat around 1.0610-40, so the expiries should help to keep that range intact for now. Then, there is one
The New Zealand dollar has plummeted to a five-month low, with the pair touching the 0.5890 mark. This decline was triggered by the release of robust American retail sales data, which raised concerns that the Federal Reserve might delay interest rate cuts expected in 2024. The prevailing expectation in the stock market is that the
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The pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the anticipation of persistently high interest rates in the US and escalated conflicts in the Middle East. The US dollar appreciated by 1.6% over the week against a basket of