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GBP/USD Capped by Cluster Resistance, USD/JPY Blasts Off after Bullish Breakout
GBP/USD AND USD/JPY TECHNICAL OUTLOOK GBP/USD rises, but bullish momentum appears to be waning as prices probe key cluster resistance...
Bluestone Currency
Apr 20, 20232 min read
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British Pound Q2 2023 Fundamental Forecast: Waiting for Inflation to Fall
The British Pound is barely above its Q1 opening level with GBP/USD constrained in a six-point, sideways trading range since the start of...
Bluestone Currency
Apr 19, 20232 min read
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GBP Price Forecast: Things Get Tough for the BoE as UK Labor Data Surprises
POUND STERLING ANALYSIS & TALKING POINTS UK jobs report reiterates tight labor market conditions. Bank of England under pressure to hike...
Bluestone Currency
Apr 18, 20232 min read
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EUR/USD Back Below 1.1000 as the US Dollar Picks up an Early Bid
EUR/USD PRICE, CHART, AND ANALYSIS US Treasury yields push higher as traders bet on a 25bp rate hike in May. Euro weakness is likely to...
Bluestone Currency
Apr 17, 20232 min read
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US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar
US DOLLAR, PPI, CPI, SENTIMENT – ASIA PACIFIC MARKET OPEN: US Dollar is set for worst week since early January Wholesale inflation...
Bluestone Currency
Apr 14, 20232 min read
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British Pound Latest – GBP/USD Moves Higher on Mixed GDP Data, US Dollar Weakness
GBP/USD - PRICES, CHARTS, AND ANALYSIS UK growth flatlines in February, January was revised higher. GBP/USD nears a fresh multi-month...
Bluestone Currency
Apr 13, 20232 min read
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USD Breaking News: US Dollar on Offer After Mixed CPI Report
U.S. DOLLAR ANALYSIS & TALKING POINTS US CPI: Headline – 5%; EST: 5.2% US CPI: Core – 5.6%; EST: 5.6% FOMC Minutes in focus later today....
Bluestone Currency
Apr 12, 20232 min read
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Bitcoin Crosses the Key $30000 Mark. Will it Sustain?
BITCOIN, BTC/USD - TECHNICAL OUTLOOK: Bitcoin rises above the key psychological 30000 level. BTC/USD’s trend remains bullish, though some...
Bluestone Currency
Apr 11, 20232 min read
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US Dollar Struggles to Gain Ground as Treasury Yields Leap. Where to for USD?
US Dollar, DXY Index, USD, SVB, ASX 200, RBA, Fed, FOMC, Crude Oil - Talking Points US Dollar wilted again despite higher Treasury yields...
Bluestone Currency
Mar 28, 20232 min read
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US Dollar Slides as Banking Woes Continue and Treasury Yield Sink.
US Dollar, DXY Index, USD, SVB, Treasury Yields, Fed, Kashkari, Credit - Talking Points US Dollar languishes as Treasury yields struggle...
Bluestone Currency
Mar 27, 20232 min read
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BoE Raise Rates by 25bps, Expecting Inflation to Cool, GBP Edged Higher
BOE RATE DECISION KEY POINTS: 25bps Hike Delivered by the BoE. Policymakers Warned that if There Were Evidence of More Persistent Price...
Bluestone Currency
Mar 24, 20232 min read
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UK Inflation Soars, GBP/USD Nears a Six-Week High, All Eyes on the Fed
GBP/USD - PRICES, CHARTS, AND ANALYSIS Headline UK inflation rose to 10.4% from 10.1% in January. Will the Bank of England (BoE) consider...
Bluestone Currency
Mar 22, 20232 min read
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AUD/USD Drops as RBA Minutes Reveal Likelihood of an April Pause
AUD/USD NEWS AND ANALYSIS Aussie dollar dips on rate pause discussion set for April AUD/USD technical considerations and levels of...
Bluestone Currency
Mar 21, 20232 min read
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EURUSD Wilts As Bank-Sector Woes Hit Risk Appetite Once Again
EURUSD PRICES, CHARTS, AND ANALYSIS EUR/USD starts the week in cautious fashion UBS’ deal to buy troubled Credit Suisse has the market on...
Bluestone Currency
Mar 20, 20233 min read
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British Pound Latest: GBP/USD Following the US Dollar as Risk Looks to Ease
GBP/USD - PRICES, CHARTS, AND ANALYSIS Cable will be driven by risk sentiment in the coming days. Chancellor Jeremy Hunt says the UK will...
Bluestone Currency
Mar 16, 20232 min read
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US Dollar’s Fate in Fed’s Hands After Hot Inflation Data; EUR/USD, GBP/USD Setups
US DOLLAR OUTLOOK: U.S. dollar lacks directional conviction despite the rebound in U.S. Treasury yields and hot inflation data The Fed’s...
Bluestone Currency
Mar 15, 20233 min read
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US Dollar Sinks as Yields Collapse After SVB’s Failure, US Inflation Data Ahead
US DOLLAR OUTLOOK: The U.S. dollar began the week on the back foot, dropping precipitously after a deep decline in U.S. Treasury yields...
Bluestone Currency
Mar 14, 20232 min read
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US Dollar Setups: Key Tech Levels on EUR/USD and USD/CAD ahead of NFP
US DOLLAR OUTLOOK: U.S. dollar slides on Friday as Treasury yields retreat The U.S. employment report will steal the spotlight on Friday,...
Bluestone Currency
Mar 10, 20232 min read
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British Pound (GBP) Forecast: Fading Risk Sentiment Knocks Back Sterling
GBP/USD is at the mercy of US economic data carrying over from yesterday testimony by Fed Chair Jerome Powell.
Bluestone Currency
Mar 8, 20232 min read
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Euro Bounces on Hawkish ECB Ahead of Powell’s Testimony. Higher EUR/USD?
The Euro made some ground against the US Dollar on hawkish comments from ECB officials as the market awaits.
Bluestone Currency
Mar 7, 20232 min read
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