GBP/USD Price Analysis: Plunges to fresh YTD low, weakens further below 1.2900 mark
GBP/USD witnessed aggressive selling on Friday and plunged to its lowest level since November 2020.
USD/CAD rallies to multi-week high, eyes 1.2700 mark ahead of Canadian/US data
USD/CAD gained strong positive traction for the second successive day on Friday. Weaker oil prices
GBP/USD testing 1.3020 and pressured at hourly resistance
GBP/USD pressured at hourly resistance as markets monitor central banks. Money markets are pricing in
NZD/USD bird’s wings clipped by central bankers
NZD/USD bleeding out as US dollar and yields firm. Hawkish Fed Powell keeps US yields
USD/JPY stabilizes above 128.00 even as Japan raises view on consumption, economy
In its April economic assessment report, the Japanese government raised views on the overall economy
USD/JPY bulls pulling out at hourly resistance near 128.60
USD/JPY is stalling on the bid around 128.60 as the US dollar's bid fizzles out.
USD/JPY keeps the side-lined trading so far – UOB
USD/JPY is still seen within the 126.90-129.40 range in the next weeks, suggested Lee Sue
USD/CAD drops to over two-week low, closer to mid-1.2400 amid fresh USD selling
A combination of factors dragged USD/CAD lower for the second straight day on Thursday. Strong
GBP/USD: Downside momentum continues to build – UOB
The downside momentum is expected to pick up pace if GBP/USD breaks below the 1.2940
EUR/USD: Still scope for extra decline – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang noted EUR/USD could