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Forex News

Bearish death cross executed – Credit Suisse

GBP/USD has extended its rejection of its 200-day average and remains below its falling 55-day average, which have also completed a bearish ‘death cross’, per Credit Suisse. Key quotes “With a bearish moving av...

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Forex News

EUR leg may still prove a drag on the cross – Danske Bank

Ahead of the announcement of Fed’s easing package and the coordinated G6 USD liquidity action last night, EUR/USD was under pressure from all sides, economists at Danske Bank apprise. Key quotes “The key ‘surpr...