EUR GBP Weekly FX Forecasts

EUR/USD: Inflation Drives Trends At the beginning of last week, the Dollar Index (DXY) continued its decline that began on October 3, while global equity markets experienced growth. The dovish stance of Federal Reserve officials and the falling yields on U.S. Treasury bonds were driving factors......

EUR/USD: Awaiting the Federal Reserve and ECB Meetings When the DXY Dollar Index dropped to April 2022 levels (99.65) on July 14, many market participants concluded that the best days for the American currency were over. Inflation is nearing target levels, and in order not to suffocate the econom.....

EUR/USD: Why the Dollar Fell Last week passed without sharp jumps. The dollar continued to fall in price, and EUR/USD returned by March 30 to where it was traded seven days before. The local maximum was fixed at 1.0925, and the five-day period finished at 1.0842. The dollar continues to be pressure....

EUR/USD: Another Surprise, from the ECB This Time It's hard to resist when you're attacked from both sides. The dollar received two powerful blows last week: one from the Bank of England, the second from the ECB, and could not resist them. The USD DXY index flew down. While it was at the level of ....

  We talked a week ago about what experts from the world's leading banks and agencies think about the behavior of the EUR/USD pair in the coming 2022. And the fact that we paid attention to it in the first place is quite logical: after all, this pair is the most traded on the Forex market, and the ....

What to expect from major currency pairs in the New year. There is no doubt that the vast majority of brokerage companies and private traders consider the EUR/USD pair as one of the main tools for their work. Different sources say that this pair holds from 22% to 32% of the Forex market. It is foll....

The peak of the vacation season is approaching, which usually entails a decline in business activity, including that in financial markets. On the one hand, a decrease in the volatility of major currency pairs, which is already low, entails a fall in profits, but on the other hand, it also reduces p....

First, a review of last week’s events: EUR/USD. One of the scenarios suggested that the pair would return to the limits of the medium-term lateral channel 1.1300-1.1500, and its central line was called as the main target. It is this scenario that was brought to life. It was already on Tuesday, Janu....