This is why FX is a cycle, there is no price on the list that is completely new, either as a 2 year high or 2 year low depending on which side it falls. A few months from now, some may drop as much as 500-600 pips. That is not to say that a further ...

Sterling hits $1.40 for the first time in nearly three years

So you have a crystal ball to know what end of decade that is over 9 years time will be. There are several possible new developments that could still spur the economies of the world and on the negative side, something else could also happen to turn ...

U.S. economy to grow 4.6% in 2021, slow by end of decade, CBO says

The guy does not have an issue with individuals holding or transacting in Bitcoin. One of his few points is corporate holding, say a multi National company that wants to diversify excess cash, say $100m after a very full portfolio They could buy ...

Ray Dalio: What I Think of Bitcoin

You are going to say the same thing when EURUSD touches 1.25/1.27 Other currencies rose against USD significantly higher.

ECB Ready to Use All Tools Needed to Lift Inflation, Rehn Says

Euro touched 1.0637 at the peak of the pandemic scare and has made a high of 1.2346 which is less than 1,800 pips. Pounds touched 1.1410 and has risen 2,300 pips. AUD fell to 0.5510 and has moved up by 2,300 pips. Obviously the USD is quite weak ...

Knot: ECB Has Tools To Counter Euro Appreciation If Needed

Euro touched 1.0637 at the peak of the pandemic scare and has made a high of 1.2346 which is less than 1,800 pips. Pounds touched 1.1410 and has risen 2,300 pips. AUD fell to 0.5510 and has moved up by 2,300 pips. Obviously the USD is quite weak ...

ECB Studying If Differences With Fed Policy Boosting Euro

Will stimulus be endless? US debts will contunue to mount with every stimulus 'created'. So if a 3rd wave comes, you start another stimulus? A big percentage of this stimulus goes into developing some other countries when American consumers buy ...

Biden to Push Through Stimulus Aid

The timing of this news is quite funny, why not wait until the Press Conference in less than 1.5hours time. News with a purpose, anyway, the movement is influenced by these type of rumour mongering.

European Central Bank faces gloomier picture for economy

Even RSI will not indicate that USD is overbought now; at what time frame? Mid March 2020, GBP/USD touched 1.1410 now it is 2,300 pips above that price. If wasn't overbought then, how can it be overbought now, may be he means oversold.

The U.S. Dollar Appears Overbought

When the world wants to go fully digital and make crypto the reigning and acceptable currency. CBs will create their own. Bitcoin was $4k in Marchv2020 and less than 10 months later, touched $41k and if it projected to reach higher, after sometime, ...

Can Bitcoin Replace the US Dollar?

Almost everything is at either all time high or several months high. It needs a breather to continue another day

U.S. retail sales fall again in December

Why not just push it there, by the time it falls to 1.32/31, you are going to write again that Pounds is falling and may likely reach 1.25

The pound is a ‘screaming buy’ if it falls to $1.30, strategist says

And could also hit 1.35 by end 2021 Nobody is sure of what we happen truly

Euro could hit 1.16-1.17 against dollar by end 2021: RBC Capital Markets

A better bet is 1.20 or 1.25 next, 1.30 may be far fetched for now or farther down the year. Never goes in a straight line normally

Euro-Dollar Correction Brings 1.20 into View as Weekly Charts Warn of Setback

So hike that is at least 24months away is now market moving parameter. Market movers can bring any issue to the market and place bet on it.

Money markets ramp up bets on U.S. interest rate hikes by 2023

What is your complaint MOF, most JPY pairs are going through the roof; AUDJPY, NZDJPY, CHFJPY. Intervening on USDJPY will further shoot the other JPY pairs to the moon

Japan MOF Official: Closely Watching Market Movements

Those that were positive years back are now so insignificant that weeks of sell of GBPUSD will be in 2 digits will a buy will be 3 digits. Yet they say interest rate is close to zero or even negative, irony of forex. I would have expected that trade ...

What is a Swap in Forex

You can have any justification, it actually touched 1.3144 in the period and ran almost 500 pips. The big pockets need to sell what they bought at 1.31/32/33, then they buy again for another possible 500 pips. It is their game, you can't beat them, ...

Pound Slips as Qualms Over Brexit Begin to Take Shine Off Deal

More like 'A Deal is done' not 'The Deal' yet. Parliament can still pick holes in it, then we still have EU Parliament on the other side.

Boris Johnson: "The deal is done"

It is possible that GBP could drop 300 pips on this announcement, then you will see people justifying it with; It is already priced in Look at your chart, it is there. Even if it goes up today, the deal need MP ratification and another round of ...

Looks like a Brexit deal could be announced around 7am tomorrow