EUR/USD tops 1.0900 for first time since last April
EUR/USD buyers are on a roll at the start of the week. Hawkish ECB commentary boosts the Euro bulls, US Dollar falls. Holiday-thinned light trading could exaggerate the moves. The Euro is keeping the upper hand against the US Dollar at the start of the week on Monday, as EUR/USD is rising above the 1.0900 […]
Double tops around 1.2250 tease Cable sellers ahead of key UK data
GBP/USD retreats from intraday high to pare the biggest weekly gain since late November. RSI pullback from nearly overbought conditions adds strength to the pullback moves. 200-SMA, weekly support line appears crucial challenge for bears. UK monthly GDP, output and trade numbers for November will be crucial to watch. GBP/USD prints mild losses around 1.2200 […]