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The EUR/USD pair will remain in focus heading into the second half of Wednesday’s session and the week. This morning's stronger-than-expected Eurozone CPI release has made a potential September rate...
Inflation in the Eurozone rose once again in July. Preliminary data released this morning showed headline CPI rising 2.6% in the twelve months to July, higher than the 2.5% reported in June. Analysts...
USD The greenback rallied as a risk-off tone gripped markets on Monday, with the prospect of escalating tensions across the Israel-Lebanon border seeing traders looking for the safety of the US...
This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...
USD The advance reading of US Q2 GDP should be the focus for FX traders today. Market consensus looks for a print of 2.0% QoQ annualised – we are inclined to think that risks are skewed towards a...
The EUR/USD poked its head above the June high to approach 1.0950, reaching its best level since March. The US dollar has weakened further despite the release of mixed-bag US data this week, with...
The bullish run in GBP/USD remains solid as official data released on Wednesday morning confirmed UK inflation remained unchanged at 2% in June. The release was actually a little stronger than...
The European Central Bank (ECB) will be holding its July monetary policy meeting this Thursday. Data from Reuters shows markets expect no change to policy, with a 95% chance priced in. The fact that...
EUR/USD's 1.09 breakout remains likely ahead of the Eurozone CPI and ECB decision. Right now, the pair is in an uptrend. Eventually, it will attempt to break out above 1.09 once again. Unlock...
The US Dollar’s performance has been underwhelming recently with the dollar index (DXY) reaching a two-week low. Not even the ramping up of the “Trump trade” after the attempted assassination of the...
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