EUR/USD Rate Forecast: Acceptance above the 1.1000 mark remains decisive

EUR/USD FUNDAMENTAL BACKGROUND EURUSD saw a slight bounce today after the European open and is struggling to break above the 1.1000 level. Overall, markets had a relatively subdued start to a week packed with economic data. German Ifo data released this morning did point to a slight improvement. However, the current assessment and below-average expectations … Read more

GBP/USD rate forecast: Stable pound ahead of big data week

POUND STERLING – ANALYSIS AND DISCUSSION POINTS Money markets may have overreacted to last week’s UK economic data and are now expecting three more rate hikes by 2023. All eyes are on US data ahead of the Fed’s rate decision. GBP/USD is looking for a fundamental catalyst to break out of the sideways movement. GBPUSD … Read more