Gold bears concentrate on $1,925 break and Fed Chair Powell …

EURUSD The EUR/USD pair is demonstrating a non-directional performance above the round-level support of 1.0900 in the Asian session. The major currency pair is following the footprints of the sideways US Dollar Index (DXY), which is expected to provide action after Federal Reserve (Fed) chair Jerome Powell’s testimony.  If the pair continues the uptrend to […]

Gold prods $1,930 support ahead of multiple central bank news …

EURUSD The EUR/USD pair has surrendered the majority of intraday gains added in the Asian session. The major currency pair has faced some selling pressure while attempting to recapture the psychological resistance of 1.1000.  If the pair continues the uptrend to the range of 1.1046, it is expected to continue the uptrend to the range […]

BOE and SNB rate decisions, mid-tier US data to ramp up volatility

The Swiss National Bank (SNB) and the Bank of England (BoE) will be the next major central banks to announce monetary policy decisions on Thursday. In the second half of the day, the weekly Initial Jobless Claims data from the US will be looked upon for fresh impetus. The US economic docket will also feature […]