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Rebecca Patrick

Rebecca Patrick
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Rebecca Patrick is an author for News.Today. Follow her on twitter @Rebecca_P_nt
The pair could extend the current gains for some time while a longer-term picture looks doubtful at the moment
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GBPUSD looks vulnerable despite a bounce from lows

Rebecca Patrick -
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Despite the bullish bias, the EURUSD pair struggles to stage a more sustainable and robust recovery following two days of losses
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Euro recovery attempts capped by risk aversion

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The Eurozone economy contracted less-than-expected in the first quarter
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Euro rally runs out of steam, 1.12 back in focus

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In order to resume the ascent and confirm the latest breakout, the pound needs to regain 1.26 on a daily closing basis
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Cable loses steam along with risky assets

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Eurozone inflation came in at 0.1% y/y in May, down from 0.3% previously
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Euro rallies amid broad-based dollar weakness

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The euro remains vulnerable to further losses, with downside risks persisting in the short term
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EURUSD: recovery attempts fueled by upbeat risk sentiment

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Downside risks for the euro are limited as long as the pair remains above the 50-daily moving average around 1.09
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Euro extends the rally. Where’s the top?

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The Bank of England is hinting at the use of negative interest rates
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GBPUSD steadies, upside potential limited

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gold_543
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Gold extends the ascent despite risk-on sentiment

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Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. Picture taken May 21, 2019. REUTERS/Antonio Bronic
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EURUSD hopes for a boost from Powell

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