{"id":21468,"date":"2022-01-25T12:48:00","date_gmt":"2022-01-25T12:48:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=21468"},"modified":"2022-01-25T17:14:16","modified_gmt":"2022-01-25T17:14:16","slug":"us-dollar-ramps-up","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/","title":{"rendered":"US dollar ramps Up"},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Midday Update<\/strong><\/p>

The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD<\/a> remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine.<\/p>

Also, the CBI Industrial Trend orders for January is positive but remains an early indication to experience an economic turnaround. A break below 1.3430 could trigger a sell-off on the GBPUSD and reinforce a bearish outlook in the near-term.<\/p>

The EURUSD<\/a> break below a critical support at 1.1300 psychological figure reinforces a bearish outlook in the near-term. Since the Asian Session, the EUR continues to suffer losses against the USD as investors eye the outcome of the 2-day FOMC policy meeting.<\/p>

The EURUSD trend steadily trades lower and faces a short-term barrier at 1.1270. Traders should watch out for New York open as US prescheduled consumer confidence for January will indicate the health of the US economy and an early indicator for inflation.<\/p>

EUR continues to shade its Monday gains against the Pound as the asset trades lower in European session open from 0.8400 to 0.8366. The EURGBP<\/a> is used by professional traders to gauge the strength between the EUR and the GBP.<\/p>

As it currently stands the strength in the EUR against the GBP in the near-term suggest a deeper bearish sentiment across Pound pairs. A break above the 0.8421 resistance could eventually signal a return of EUR strength in the near-term.<\/p>

The AUDUSD<\/a> traded lower during European session despite a spike towards 0.7175 in Asian session, which was inspired by positive Consumer Price Index (CPI) quarter on quarter which beat expectations.<\/p>

The CPI is an early indicator of inflation, and it can be used by traders to forecast the Central bank\u2019s policy direction on interest rates, however the current trend remains bearish as the asset continues to trade below the 200day Moving Average.<\/p>

Technically the AUDUSD could trade lower towards 0.7100 psychological figure before a change in market direction. The European stocks opened higher in European session; FTSE 100 index<\/a> rises 1.06 %, DAX<\/a> gains 1.10% and EUR STOXX50<\/a> 1.24%.<\/p>

Oil prices<\/a> recovered some of the previous day loses as the geopolitical tensions\u2019 fuel supply fears. During European session the USDWTI remains in consolidation between 84.24 and 83.16 support. Investors keenly wait for crude oil supply data due for release during New York Session and traders could price in a bullish continuation if the statistics comes out positive.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Midday Update The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine. Also, the CBI Industrial Trend orders for January is positive but remains […]<\/p>\n","protected":false},"author":4,"featured_media":21470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[421,64,18,20,67],"yoast_head":"\nUS dollar ramps Up - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US dollar ramps Up US dollar ramps Up\" \/>\n<meta property=\"og:description\" content=\"The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-25T12:48:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-01-25T17:14:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/gettyimages-483658563.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"495\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"US dollar ramps Up US dollar ramps Up\" \/>\n<meta name=\"twitter:description\" content=\"The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"US dollar ramps Up\",\"datePublished\":\"2022-01-25T12:48:00+00:00\",\"dateModified\":\"2022-01-25T17:14:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\"},\"wordCount\":399,\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"keywords\":[\"CPI\",\"Crude oil\",\"EURUSD\",\"GBPUSD\",\"US Dollar\"],\"articleSection\":[\"Forex\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\",\"url\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\",\"name\":\"US dollar ramps Up - Youtrading UK\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/#website\"},\"datePublished\":\"2022-01-25T12:48:00+00:00\",\"dateModified\":\"2022-01-25T17:14:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/youtrading.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"US dollar ramps Up\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/youtrading.com\/en\/#website\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"name\":\"Youtrading UK\",\"description\":\"Leaders in Trader Training\",\"publisher\":{\"@id\":\"https:\/\/youtrading.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/youtrading.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/youtrading.com\/en\/#organization\",\"name\":\"YouTrading\",\"url\":\"https:\/\/youtrading.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"contentUrl\":\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg\",\"width\":2531,\"height\":570,\"caption\":\"YouTrading\"},\"image\":{\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/YouTradingEnglish\/\",\"https:\/\/www.instagram.com\/youtrading_english\/\",\"https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\",\"name\":\"Nathan Batchelor\",\"description\":\"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.\",\"url\":\"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"US dollar ramps Up - Youtrading UK","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/","og_locale":"en_GB","og_type":"article","og_title":"US dollar ramps Up US dollar ramps Up","og_description":"The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine.","og_url":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/","og_site_name":"Youtrading UK","article_publisher":"https:\/\/www.facebook.com\/YouTradingEnglish\/","article_published_time":"2022-01-25T12:48:00+00:00","article_modified_time":"2022-01-25T17:14:16+00:00","og_image":[{"width":800,"height":495,"url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/01\/gettyimages-483658563.jpg","type":"image\/jpeg"}],"author":"Nathan Batchelor","twitter_card":"summary_large_image","twitter_title":"US dollar ramps Up US dollar ramps Up","twitter_description":"The Cable is trading near 3 weeks low at 1.3430 amid Fed hike bets. During the European session open the GBPUSD remains in a consolidation between 1.3495 and 1.3467 as investors remains cautious on risk assets amid geopolitical tensions in Ukraine.","twitter_misc":{"Written by":"Nathan Batchelor","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#article","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/"},"author":{"name":"Nathan Batchelor","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab"},"headline":"US dollar ramps Up","datePublished":"2022-01-25T12:48:00+00:00","dateModified":"2022-01-25T17:14:16+00:00","mainEntityOfPage":{"@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/"},"wordCount":399,"publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"keywords":["CPI","Crude oil","EURUSD","GBPUSD","US Dollar"],"articleSection":["Forex"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/","url":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/","name":"US dollar ramps Up - Youtrading UK","isPartOf":{"@id":"https:\/\/youtrading.com\/en\/#website"},"datePublished":"2022-01-25T12:48:00+00:00","dateModified":"2022-01-25T17:14:16+00:00","breadcrumb":{"@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/youtrading.com\/en\/us-dollar-ramps-up\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/youtrading.com\/en\/"},{"@type":"ListItem","position":2,"name":"US dollar ramps Up"}]},{"@type":"WebSite","@id":"https:\/\/youtrading.com\/en\/#website","url":"https:\/\/youtrading.com\/en\/","name":"Youtrading UK","description":"Leaders in Trader Training","publisher":{"@id":"https:\/\/youtrading.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/youtrading.com\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/youtrading.com\/en\/#organization","name":"YouTrading","url":"https:\/\/youtrading.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","contentUrl":"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2020\/12\/Logo-Youtrading-2020_preto.svg","width":2531,"height":570,"caption":"YouTrading"},"image":{"@id":"https:\/\/youtrading.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/YouTradingEnglish\/","https:\/\/www.instagram.com\/youtrading_english\/","https:\/\/www.youtube.com\/channel\/UCc22BNolZpSd33lXc8utUvg"]},{"@type":"Person","@id":"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab","name":"Nathan Batchelor","description":"Nathan Bathelor brings a professional trading background and highly renowned technical analysis with 15 years of experience. He holds a degree in Business and Finance and has an extensive background providing research for prop houses, and fund managers. Nathan previously traded for Drashta Capital, a boutique Hedge Fund based in London and Sydney, and has worked as a FX Market Analyst for a number of leading brokerages in the United Kingdom.","url":"https:\/\/youtrading.com\/en\/author\/nathanbatchelor\/"}]}},"_links":{"self":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21468"}],"collection":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/comments?post=21468"}],"version-history":[{"count":0,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/posts\/21468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media\/21470"}],"wp:attachment":[{"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/media?parent=21468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/categories?post=21468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youtrading.com\/en\/wp-json\/wp\/v2\/tags?post=21468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}