Why Forex Spreads Widen Around Major News (and What It Costs)
See why forex spreads widen around news, how much wider quotes can cost, why stops trigger, and how to check an unexpected fill.
EUR/SEK: Support rests at 10.15 and resistance at 10.33 – SocGen
EUR/SEK has staged an impressive rebound after forming a low near 9.86 earlier this month.
EUR/CHF to see another leg lower towards 1.0375 – SocGen
EUR/CHF has so far dropped to 1.0448. The pair is seeing a small rebound, however,
USD/CHF: Further strength to run out of steam at the 0.9473/97 zone – Credit Suisse
USD/CHF has finally broken above the confirmed downtrend from 2019 at 0.9315. Economists at Credit
USD/CNH keeps the constructive note unchanged – UOB
UOB Group’s FX Strategists suggested USD/CNH could edge higher and visit the 6.4070 level in
GBP/USD struggles near YTD low, around mid-1.3300s post-US data
A combination of factors dragged GBP/USD lower for the fourth successive day. Brexit woes weighed
EUR/USD bears pierce 1.1200 after US Jobless Claims and PCE
EUR/USD reached a new 16-month low at 1.1185, though it found strong support, reclaiming the
GBP/USD extends to four consecutive days its losses, hovers around 1.3330s ahead of FOMC minutes
GBP/USD extends to four days its fall, down almost 1.5%. Risk-off market sentiment dented the
Japan maintains overall economic assessment, says weakness in recovery continues
The Japanese Cabinet Office announced Thursday that it has kept the economic assessment unchanged in
USD/CAD rebounds from multi-day low, climbs to 1.2665-70 region
Retreating oil prices undermined the loonie and assisted USD/CAD to reverse an early dip. Hawkish
AUD/USD seems vulnerable near three-month low, below 0.7200 mark
AUD/USD failed to preserve its modest intraday gains, or find acceptance above the 0.7200 mark.
