Important upcoming events and publications for June 10 (GMT):
11:30 U.K. GDP. Risks for GBP: high. It is expected to decrease by 0.1% mom in April, as well as a month earlier. Another report on the foreign trade deficit is expected to show a slight decrease from 13.7B to 13.1B. Higher values are favourable for the Pound.
12:15 Canada Housing Starts. Risks for CAD: low. It is expected to decrease to 220K in May vs 235.5K a month earlier. However, the previous and expected levels are very high. Higher values are favourable for the Canadian dollar.
- GBPUSD reversed from strong support level 1.2665 - Likely to rise to resistance level…
- USDCAD broke resistance level 1.3950 - Likely to rise to resistance level 1.4050 USDCAD…
The US dollar has strengthened, reaching the upper boundary of its trading range. The British…
Cryptocurrencies continued to surge, pushing the total cap to $3 trillion. Bitcoin has gained nearly…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
- USDJPY broke key resistance level 154.70 - Likely to rise to resistance level 157.20…
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