Monthly Archives: February 2018

South Korean won trades almost flat against euro, stay bullish only above 1,342 mark

EUR/KRW is currently trading around 1,339 mark. • Pair made intraday high at 1,342 and low at 1,339 levels. • Intraday bias remains neutral till the time pair holds key resistance at 1,342 mark. • A sustained close above 1,342 will take the parity higher towards key resistances around 1,…

GBP/USD: Pound Pops as the BoE Goes Hawkish; Look to the Crosses

At this morning’s Bank of England Super Thursday event, many were looking for the bank to begin moving to a more hawkish stance as rising inflation in the UK continues well-above the bank’s 2% target. And while the BoE would likely want to take a passive approach, instead hoping that the recent…

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