FX MARKET REPORT 19.05.2021

GBP/USD remains confined in a range below 1.4200 mark post-UK CPI • Commerzbank: GBP/USD to Break above 1.4238/45 towards 1.4377 • EUR/USD: Bulls on the runway to test 1.2250 amid bullish MACD • Dollar holds fast before Fed, bitcoin crumbles on China risk

GBP/USD 1.4191
GBP/EUR 1.1591
EUR/USD 1.2241
GBP/JPY 154.63

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US Dollar Price Action: Hawkish Powell and Potential Month-End USD Buying

Dollar Hits 2022 High as Market Prices in More Fed Hikes

British Pound Falls, US Dollar Soars on Fed. Will Boris Johnson Issues Drag GBP/USD?

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Dollar Up, Boosted by Fed’s Hint of Interest Rate Hike

Gold Price Crumbles After Hawkish Fed Boosted US Dollar. Where to for XAU/USD?

FX MARKET REPORT 19.05.2021

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