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.
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
- USDCHF reversed from resistance zone - Likely to fall to support level 0.8860 USDCHF…
The US dollar is at two-year highs. Factors such as changes in the Fed's monetary…
The crypto market is experiencing a decline, with a potential further drop in value. Bitcoin…
- EURGBP reversed from support zone - Likely to rise to resistance level 0.8300 EURGBP…
- EURJPY broke resistance zone - Likely to rise to resistance level 165.00 EURJPY currency…
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