Wednesday , 5 March 2025

Forex

Forex

Pound Sterling Price News and Forecast: GBP/USD climbs to fresh 10-week highs on Wednesday

GBP/USD coasted into a fresh 10-week high on Wednesday, clipping the 1.2700 handle for the first time since mid-December as hopeful bulls bid...

Forex

BOE’s Dhingra: Many of the forces that fuelled trade expansion have diminished

Many of the forces that previously fuelled rapid trade expansion seem to have diminishedHigher US tariffs likely to cause a strengthening of the...

Forex

GBP/USD climbs to fresh 10-week highs on Wednesday

GBP/USD coasted into a fresh 10-week high on Wednesday, clipping the 1.2700 handle for the first time since mid-December as hopeful bulls bid...

Forex

USDCHF bounces off targeted support at lows yesterday/today, but stalls at MA resistance

The USDCHF broke to new 2025 lows yesterday with momentum. In the post yesterday (see post here and the chart from that post...

Forex

EUR/USD Price Analysis: Bulls struggle as key resistance holds firm

EUR/USD continued to struggle on Wednesday, retreating after failing to break above the 100-day Simple Moving Average (SMA) for a third time.

Forex

Cable catches a bid into the London fix

We're near month-end so I'm not surprised to see some flows driving trade. Cable has been strong in the last 30 minutes or...

Forex

Russia Industrial Output below expectations (4.2%) in January: Actual (2.2%)

Russia Industrial Output below expectations (4.2%) in January: Actual (2.2%)

Forex

GBPUSD has been trading above/below the 100D MA suggestive of market looking for a shove.

The GBPUSD moved above the 100 day MA for the first time since November 2024 on Thursday of last week. The last 5...

Forex

Below 11.00, EUR/SEK can return to levels last seen in early 2023 – Rabobank

The SEK is the best performing G10 currency in the month to date, Rabobank's FX analyst Jane Foley notes.

Forex

EIA weekly US crude oil inventories -2332K vs +2605K expected

Prior was +4633KGasoline +369K vs -849K expDistillates +3908K vs -1488K expThe crude draw is good news for the beaten-up oil market but the...