Sunday, November 28, 2021

Forex Today: Dollar retains its strength in dull trading

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What you need to know on Friday, November 26: Little happened on Thursday, as US markets were closed due to the Thanksgiving holiday. Markets...

Gold Price Forecast: XAU/EUR retreats under €1,600, approaches Pitchfork’s middle-trendline

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XAU/EUR recovers some of its weekly losses, barely up 0.01.%. Falling German 10-year bunds and German Real Yields keep the EUR pressured to...

GBP/USD hovers above annual lows close to 1.3300 ahead of French fishermen blockades on...

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GBP/USD has tentatively bounced from annual lows at 1.3300 ahead of a short market closure for Thanksgiving. Markets have been keeping one eye...

AUD/USD bulls failure to reclaim 0.7250 opens the door of YTD retest at 0.7105

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AUD/USD edges lower 0.14% amid thin liquidity conditions, in the observance of US Thanksgiving. AUD/USD remained subdued in the overnight session, within the...

US 10-year yield to push higher towards 1.83% – Commerzbank

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The benchmark 10-year US Treasury bond yield has come close to the May and October highs at 1.71%. Above here, the April peak at...

USD/CNH keeps the constructive note unchanged – UOB

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UOB Group’s FX Strategists suggested USD/CNH could edge higher and visit the 6.4070 level in the next weeks. Key Quotes 24-hour view: “USD traded...

EUR/CHF to see another leg lower towards 1.0375 – SocGen

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EUR/CHF has so far dropped to 1.0448. The pair is seeing a small rebound, however, EUR/CHF is set to resume its decline towards 1.0375,...

Gold Price Forecast: XAU/USD to move southward to $1,707 amid a bear flag

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Gold price attempts a dead cat bounce towards $1,800 amid retreating yields. But in the view of FXStreet’s Dhwani Mehta, Thanksgiving Day is unlikely...

GBP/USD cheers Brexit optimism around 1.3350 ahead of BOE’s Bailey

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GBP/USD snaps four-day downtrend to bounce off yearly low. Britain won’t trigger Article 16 until talks collapse, EU’s Sefcovic will visit London for...

US oil export ban would backfire, further slow response – Goldman Sachs

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Analysts at Goldman Sachs offer their take on the US oil release from the Strategic Petroleum Release (SPR) and any ban of oil exports...
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USD - United States Dollar
EUR
1.15
GBP
1.34
CHF
1.09
NOK
0.12
JPY
0.01
CAD
0.80
AUD
0.73