Euro Price Action Setups: EUR/USD, EUR/JPY, EUR/CHF

The Euro has had a very bearish start to Q3 and there’s been nary a stall or pullback in the move so far, setting up a troubling picture around the Euro-Zone as inflation remains above 8%.DailyFX – Market OutlookRead More

GBP/USD Recovery Hopes Appear Dim After Breaking June Low

The British Pound fell below its June low versus the US Dollar overnight as embattled Prime Minister Boris Johnson faces an increasingly perilous position. Oil falls again as China tightens Covid m…DailyFX – Market OutlookRead More

AUD/USD Grips Trendline as Shanghai Covid Fears Resurface

The Australian Dollar fell to a US Dollar that was boosted by safe-haven demand overnight. The RBA’s chart pack is due out today, but traders are digesting news of new Covid testing out of Shanghai…DailyFX – Market OutlookRead More