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More weakness from the US Dollar, more gains for the rest of the global currencies against the US coin. This has been the theme in the money markets for the past few days and yesterday was no...
Sterling managed to shrug off mediocre UK growth data on Tuesday and, after a short-lived dip against the US dollar immediately after the GDP release, swung back up towards two-month...
The economic calendar is busy today with UK GDP data this morning being a focus and one of the reasons for the recent strength in GBPUSD. There’s been a shift in the paradigm as US data has been...
The world of investing today offers countless opportunities to earn additional income. The most common way, which most retail investors have experience with, is investing directly in the underlying...
This week started on the same tempo that the last one finished with the US Dollar weakness being the important market driver behind major instruments’ price action. Monday was no different as...
Last week the pound put in a stellar performance against the dollar as GBPUSD hit a five week high against the tide of uncertainty ahead of the UK General Election in just ten days time. We have...
FX League - 31th WeekTrend: Momentum:League Table:*** 18.67 as a neutral score of the week.***EUR, GBP, CHF - BULLISH!AUD, CAD, JPY, NZD, USD - BEARISH!Detailed FX League Chart: This week's trades:1....
The Pound Sterling held onto gains against the US Dollar but gave up some ground against the Euro on Friday. Weaker-than-forecast UK retail sales data had weighed on the Pound but more soft data out...
With the US in the depths of the earnings seasons, it’s noticeable once again the extent to which the dollar has been impacting some of the biggest US companies. The dollar index was up nearly...
The standout in yesterday’s trading was sterling, where the minutes to the latest MPC meeting pushed home the point that the next move in rates is going to be put, even if they gave little away...
Further uncertainty compared with frequent changes in direction remains the theme in the currency markets for this week and we could see even more price action like that as long as we have no...
The stand-out in overnight trade has been the rise in the Aussie, which gained some comfort from the better than expected print on CPI data. The trimmed and weighted measures were above expectations...
We’ve heard a lot of chatter about the weakness of sterling in recent days and weeks, which I guess is inevitable when you’ve seen it decline from highs above $1.70 against the US dollar...
US Dollar The dollar index rose during the Asian session on Tuesday for the second day. American data will also be absent today from the economic calendar. Euro The Euro declined for the second day in...
After a week of dollar weakness some tentative buyers are returning leading to some reversals of the very near term trends amongst the majors. AUDUSD has retraced from above the 0.7800 level and sits...