EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – September 14, 2017

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Published: Sep 14, 2017, 09:36 UTC

EUR/USD The pair corrected lower during the course of the last 24 hours as the dollar gained in strength all across the board and this pushed the pair

EUR/USD

The pair corrected lower during the course of the last 24 hours as the dollar gained in strength all across the board and this pushed the pair below the 1.29 region. The pair now awaits the CPI data from the US later in the day which will determine its next short term direction. …Read More

GBP/USD

After the large rise seen in the pair since the beginning of the week, the pair corrected lower during trading yesterday on the back of weak earnings data from the UK and also due to the strengthening of the dollar. The pair now awaits the BOE announcement and statement later in the day and the US CPI data as well. …Read More

AUD/USD

The pair was also affected by the strength of the dollar and the weakness in the gold prices as well. Now the pair is close to a support and the data from the US later in the day will determine whether it will be able to hold the support or move higher. …Read More

USD/JPY

The pair moved higher on the back of the strength in the dollar and also due to the fact that the stock markets continued their rebound after being hit hard during the course of last week. With the markets picking up after the receding of risk, it is now helped to weaken the yen and the pair has moved to the 110.5 region. …Read More

About the Author

Colin Firstauthor

Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.