Chinese Yuan (CNH) Sees Muted Reaction Following PBoC Rate Cut

As widely touted, the PboC announces a 50bps rate cut. USD/CNH tests 6.5000.

from DailyFX – Market News https://bit.ly/2TStUw7
via IFTTT

from WordPress https://bit.ly/3huk0d4
via IFTTT

from Blogger https://bit.ly/2UC0sdX
via IFTTT

from WordPress https://bit.ly/3e152Jj
via IFTTT

from Blogger https://bit.ly/3jXJIZa
via IFTTT

Gold Price (XAU/USD) Struggling to Break Meaningfully Higher

Gold’s recent move higher is coming under pressure and the near-term outlook may turn negative if short-term trend support fails.

from DailyFX – Market News https://bit.ly/3hsyGJA
via IFTTT

from WordPress https://bit.ly/36nNliS
via IFTTT

from Blogger https://bit.ly/2T3g0qG
via IFTTT

from WordPress https://bit.ly/36uitNG
via IFTTT

from Blogger https://bit.ly/3yxCUWe
via IFTTT

British Pound Down on Soft UK GDP Data. Is GBP/USD Topping?

The British Pound fell as May’s UK GDP report fell short of expectations, reinforcing a recent dovish shift in Bank of England policy bets. GBP/USD may be forming a major top.

from DailyFX – Market News https://bit.ly/3hQ1JWL
via IFTTT

from WordPress https://bit.ly/3r1peAm
via IFTTT

from Blogger https://bit.ly/3hsuTfp
via IFTTT

from WordPress https://bit.ly/3k5Y1ep
via IFTTT

from Blogger https://bit.ly/36qqBik
via IFTTT

from WordPress https://bit.ly/3hrrXj3
via IFTTT

from Blogger https://bit.ly/3wvTkwX
via IFTTT

USD/CAD Drops, CAD/JPY Climbs on Mixed Canadian Jobs Report

The Canadian Dollar is staging a nice rebound during early Friday trade with the Loonie stronger against the US Dollar and Japanese Yen as USD/CAD and CAD/JPY react to the latest employment data.

from DailyFX – Market News https://bit.ly/36tIs8d
via IFTTT