why is pound falling forex

Forex: EUR/USD found support at 1.3335, back above 1.3350

FXstreet.com (Barcelona) - After falling from 1.3435, intra-day high to find support at 1.3335, the EUR/USD has risen to trade above 1.3350 level. Currently the pair is trading around 1.3360 after falling 0.40% so fartoday from 1.3416 opening price.Valeria Bednarik, FXstreet.com collaborator, says: Consolidation range has moved up to the 1.33/34 zone, with daily charts still slightly bullish. 1.3550 where we have the 200 EMA will be a key point for the pair in the term. Above it, upside bias

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: EUR/USD is back above 1.3200

FXstreet.com (Barcelona) - After falling around 195 pips and reverse its initial gains from 1.3385 to 1.3190, intra-day low, the EUR/USD has begun to rise and it has reached 1.3280 level. Currently the pair is trading around 1.3235/45 after falling 0.20% so far today from opening price action at 1.3267.According to Valeria Bednarik, FXstreet.com collaborator, EUR/USD continues correcting down: Pair continues correcting after past two days upside run and braking under the 38.2% of the last up leg and tending

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BOE's Besley Warns of Falling Prices

While the threat of inflation all but disappeared in the UK, the next concern could be falling prices, according to Bank of England Monetary Policy Committee member Timothy Besley, writing in the The Sun, on Wednesday.The central banker said that since last year, the UK economy has turned down sharply causing the previous threat of rising prices to disappear, but leaving a possible period of falling prices across the board in its wake.Nevertheless, hope for the UK

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Forex: USD/JPY falls 1.20% so far today to reach 96.35, fresh May low

FXstreet.com (Barcelona) - USD/JPY has reached a fresh May low at 96.35 after falling 150 pips from 97.85, intra-day high in the early European session. Currently the pair is falling around 1.00 so far today from 97.60 opening price action to the currently 96.60.During May, USD/JPY has fallen 2.30% from monthly opening at 98.90, reaching 99.80 as maximum and 96.35 as minimum, to the currently 96.60.The FastBrokers Research Team says: The USD/JPY continues to fill out its right shoulder on

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Forex: AUD/USD tests 0.7000 support after falling 2.60% so far today

FXstreet.com(Barcelona) - After falling 2.60% so far today from opening price at 0.7196 and breaks the 0.7150 support, the AUD/USD is testing the 0.7000 psychology level. Currently, the pair is trading around 0.7005, fresh lowest level since April the 2nd.According to Valeria Bednarik, FXstreet.com collaborator, AUD/USD is falling on worst than expected Australian Q1 PPI report: Commodities currencies usually lead the way, and today, is not an exception: Australian dollar fell more than a 2% today, after a worst than

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Forex - Bernanke comments send Euro and Pound falling

The EURUSD traded to an intra-day low of 1.5441 yesterday as Bernanke pointed to no further rate cuts in the near term. The Australian dollar traded lower after the consumer sentiment index fell 5.6%. However, the market is pricing in a pair of 25bp rate increases by the end of Q4.View the full article

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Forex: EUR/USD below 1.3900 again

FXstreet.com (Córdoba) ? EUR/USD has no clear direction, moving up and down. The pair has fallen 0.70% from the opening price. During the day, the Euro attempted to break above 1.4000 but failed. EUR/USD seems to be uncomfortable also below 1.3900 since the Dollar couldn?t consolidate its recovery after falling to an intra-day low at 1.3869. Now the pair is falling below 1.3900 again. Against the Pound the Euro is now recovering after EUR/GBP reached fresh 5-month low at

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