About: davin

Recent Posts by davin

UOB analysts say EUR/USD rebounded after weakness, consolidating; a 1.1665 breach would intensify downside bias

EUR/USD consolidates after weakness; near-term range 1.1685–1.1730, downside risk to 1.1625 if 1.1665 breaks.

Fresh US-Iran developments open a crucial central-bank week, guiding forex focus and shaping market sentiment

Markets opened cautiously ahead of central bank meetings, tracking Middle East tensions, dollar moves, and key currencies.

During early European hours, EUR/GBP stays near 0.8660 as traders await ECB and BoE decisions amid uncertainty

EUR/GBP held near 0.8660, cautious ahead of ECB and BoE decisions amid energy-price and conflict uncertainty.

Germany’s GfK consumer confidence registered -33.3 in May, undershooting forecasts of -29.5

Germany’s GfK consumer confidence fell to -33.3 in May, missing forecasts and signaling weaker sentiment.

GBP/USD draws dip-buying near 1.3500, reaching a one-week high in Asia, rising 0.10%, extending gains

GBP/USD climbed above 1.3500 as weaker Dollar, easing oil inflation fears, and BoE tightening bets.

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