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UK labour data, US oil inventories, FOMC minutes (2016.05.18)

UK labour data, US oil inventories, FOMC minutes - Once again Britain will be the focus of the European day as the UK announces its labour market data. Yesterday's disappointing...

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U.S. dollar

U.S. dollar - The U.S. dollar rose to almost one-month highs against other major currencies after stronger than expected economic reports on Friday, easing concerns over the...

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European Central Bank

European Central Bank - This week we'll get more insight into the thinking of central banks as the Reserve Bank of Australia (RBA), the Fed and the European Central Bank (ECB)...

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Daily Forex News (2016.05.16)

Daily Forex News - Following Thursday’s doji pattern GBPUSD has broken out to the downside near 1.4425 support indicating a move lower in the coming days. Overall, the markets...

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GBPUSD consolidates near support at 1.4425

GBPUSD consolidates near support at 1.4425 - The British pound remains range bound with prices going nowhere for the 4th consecutive day. Meanwhile, EURUSD slipped back into the...

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