(VIANEWS) – GBP/EUR (GBPEUR) has been up by 0.97% for the last 10 sessions. At 23:06 EST on Tuesday, 20 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 2.691% up from its 52-week low and 1.786% down from its 52-week high.
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- According to FXStreet on Tuesday, 20 August, "The BoJ then surprised everyone by raising interest rates, while the Fed announced on the same day that it would cut rates in September, before a weak US jobs report two days later sent USD/JPY even lower.", "We therefore expect the JPY to weaken again and USD/JPY to strengthen over the course of next year."
- Usd/jpy retreats over 50 pips from asian session peak, slides below mid-147.00s. According to FXStreet on Monday, 19 August, "The aforementioned fundamental backdrop suggests that the path of least resistance for the USD/JPY pair is to the downside. ", "The prevalent risk-on mood, bolstered by signs of easing fears of a recession in the US, undermines the safe-haven Japanese Yen (JPY) and lends some support to the USD/JPY pair amid a modest US Dollar (USD) uptick. "
- According to FXStreet on Monday, 19 August, "For support levels, the USD/JPY pair may test the area around its seven-month low of 141.69, reached on August 5. ", "On the upside, the USD/JPY pair could face an immediate barrier around the nine-day Exponential Moving Average (EMA) at 147.60. "
- According to FXStreet on Tuesday, 20 August, "For support levels, the USD/JPY pair might test the seven-month low of 141.69, which was reached on August 5. ", "On the upside, the USD/JPY pair could encounter immediate resistance around the nine-day Exponential Moving Average (EMA) at 147.41. "
- Usd/jpy edges lower near 146.00 on the weaker US dollar, hawkish boj. According to FXStreet on Tuesday, 20 August, "The USD/JPY pair trades in negative territory for the third consecutive day near 146.05 during the Asian trading hours on Tuesday. "
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