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GBP/USDOpen 1.6801 High 1.6833 Low 1.6783 Close 1.6800On Monday GBP/USD decreased with 50 pips. The Cable depreciated from 1.6833 to 1.6783 yesterday, in line with the negative money flow sentiment at...
With traders shorting the Kiwi Dollar for the past month prior to Thursday's rate decision, is this a case of 'sell the rumour - buy the fact'?SUMMARY:- I expect sideways trading until the rate...
Looking at the USD Index and EUR Futures, volume analysis suggests the recent declines on EUR/USD are more likely to be a retracement.Below you may find the video
EUR/USDThe euro fell for a second day versus the dollar as a report showed investor confidence declined and as record-low foreign-exchange volatility boosted demand for higher-yielding assets. The...
The USD/JPY continues to rise after the recent breakout of the daily Falling Wedge, as you can see from the following trade alert for this currency pair. The USD/JPY is expected to rise to the target...
EUR/USD Daily Analysis: With a few days of light news until Thursday in front of us we expect a ranging EUR/USD between 3560-3660 with a slight bearish bias given the recent downtrend from 1.40...
For the 24 hours to 23:00 GMT, the USD declined 0.22% against the CAD to close at 1.0907.On the economic front, annual housing starts in Canada rose by a greater-than-expected 0.8% to a seasonally...
For the 24 hours to 23:00 GMT, the USD rose 0.43% against the CHF and closed at 0.8972, amid a holiday-thin trading session on account of a Whit Monday holiday in Switzerland.In the Asian session, at...
For the 24 hours to 23:00 GMT, the GBP fell marginally against the USD and closed at 1.6802.In the UK, a BoE policymaker, Ian McCafferty, hinted that the central bank was inching closer to raising its...
For the 24 hours to 23:00 GMT, the EUR declined 0.39% against the USD and closed at 1.3591 in a subdued trading session, as most of the markets in the eurozone were closed on account of a public...
All eyes were on Europe last week to see if banking officials would finally get proactive about curing the region of its economic malaise. Reporters rushed to hear the siren call of Mario Draghi, the...
Talking Points:British Pound at Risk if Industrial Production Data Falls Short of Forecasts ECB Commentary in Focus for the Euro as Traders Build Policy Expectations Yen Outperformed on Haven Demand...
For today the pairs on our watchlist are going to be anything with British pound and Australian dollar due to our fundamental watch. We seem to have had a good forecast for yesterday with 5 out of the...
There were no great surprises yesterday although, in one or two pairs, I would have preferred a greater statement of intent. Both Continental Europeans retraced into the range, as I suggested, but...
GBP/USD (daily chart shown below) attempted a rebound and recovery from its key 1.6700 support level towards its long-term highs within the past week.In the process, the currency pair has risen once...