Weekly Currency Report - Last week, the forex market was dictated by the Bank of England’s (BoE) interest rate decision. The BoE surprisingly kept its benchmark interest rate...
EURUSD Analysis - EUR/USD rose initially during the course of the day on Friday, but turned right back around to form a fairly negative candle. It makes sense, because we...
Daily Forex Analysis - The euro, British pound and the yen are seen trading range bound in the near term, awaiting the next major fundamental catalysts, but could see a temporary...
BoE weighs on GBP - The British pound is likely to come under pressure today as the Bank of England is expected to cut interest rates by 25bps, a close call which could go either...
US dollar - GBPUSD and the USDJPY rallied yesterday, breaching $1.32 and 104Yen respectively as noted in yesterday’s commentary. Price action is likely to pause in the near...
Weekly Currency Report - The highlight of the week was release of the US nonfarm payrolls data and the Federal Reserve monetary policy meeting minutes. Macroeconomic data...
The US Central Bank Kept Rates on Hold Citing Brexit Risks - The Federal Open Market Committee (FOMC) June statement brought no surprises three weeks ago. The U.S. benchmark...
EUR/USD Forecast - The EUR/USD pair initially tried to rally during the course of the day on Tuesday but found the previous uptrend line as resistive, and as a result we turn...
EURUSD eyes 1.07 on a breakout below 1.10 - Risk aversion resumed after the US returned from holiday with investor sentiment turning sour after a third real estate fund suspended...
Weekly Forex Update - Last week, the greenback traded mostly lower. Macroeconomic data indicated that the US economic growth at an annual rate was revised higher in the first...
