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GBP/USD: camping out on the 1.22 handle after Trump's presser and US yields dropping Ross J Burland

21:23 11 January /2017 Forex

Currently, GBP/USD is trading at 1.2235, up 0.55% on the day, having posted a daily high at 1.2273 and low at 1.2038.Trump says nothing to support the dollar: DXY dropping and approaches 2017 lowsGBP/USD has settled on the 1.22 handle after a rally from 1.2038 leading into Trump's pre-inauguration presser and a large bid in the 10-year auction that sent yields lower and the dollar pressured back to below the 102 handle in the DXY.At Carney's testimony before the Treasury Select Committee earlier, he noted that the biggest risks to UK's financial stability are coming from the global economy, while the Brexit process has the capacity to amplify them.GBP/USD levelsSpot is presently trading at 1.2236, and next resistance can be seen at 1.2238 (Daily Classic R2), 1.2264 (Hourly 200 SMA), 1.2273 (Daily High), 1.2287 (Daily Classic R3) and 1.2305 (Weekly Classic PP). Support below can be found at 1.2231 (Hourly 100 SMA), 1.2204 (Daily Classic R1), 1.2190 (Yesterday's High), 1.2177 (Weekly Classic S1) and 1.2169 (Daily Open). 

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AUD/JPY risk limited near 100-SMA; risk-on towards 90.00 Jose Ricaurte Jaen

As the NA session ends, AUD/JPY traded at 86.82, up +0.95% on the day, having posted a daily high at 87.07 and low at 85.94. The currency cross continues a 2-day winning streak as investors and traders await Trump's inauguration ceremony to cheer o

02:23 20 January /2017 Forex

AUD/USD consolidated awaiting Trump's inauguration Ross J Burland

Currently, AUD/USD is trading at 0.7558, down -0.02% on the day, having posted a daily high at 0.7566 and low at 0.7556.AUD/USD has been consolidating on the 0.75 handle with some two-way business ahead of Trump's inauguration tonight  while the US

02:23 20 January /2017 Forex

Markey wrap: markets are awaiting Trump’s inauguration and speech - Westpac Ross J Burland

Analysts at Westpac offered a market wrap.Key Quotes:"Global Market Sentiment: Markets are awaiting Trump’s inauguration and speech. USD and US yields display solid support after Philly Fed’s business survey affirmed the broad strength in yesterday’s Fed’s Beige Book. Draghi stated

01:23 20 January /2017 Forex