The US dollar gave up some of the gains yesterday as the Federal Reserve held interest rate steady at 0.50%, despite signaling that a rate hike is likely by December. The biggest...
US retail sales and BoE meetin - GBPUSD posted a strong rebound yesterday as noted, despite the short term intraday dip to session lows below 1.3200. Today’s Bank of England...
GBP News and Analysis - The British pound, which extended its declines from last week will be the currency in focus today as the payrolls report for August is due for release...
EURUSD looks to Draghi for policy clues - Following Tuesday’s weakening in the US dollar, prices were seen stabilizing yesterday with the markets now waiting for the ECB’s...
Forex Daily Analysis - EURUSD remained to trade in a range with prices seen re-testing 1.120 handle earlier today. Today's US consumer inflation report and US building permits...
Daily Forex Market - The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or...
Forex Daily Analysis - The US dollar is likely to extend its gains after Friday’s payrolls report. The economic data remains light today with no major releases in sight. Expect...
Markets await NFP - July’s nonfarm payrolls report will be the main calendar event to watch for today. A positive beat on expectations will most likely induce dollar buying...
EURUSD maintains sideways pattern - The euro continues to trade flat against the dollar with 4-hour sessions shows prices forming multiple inside bars. Japan is expected to...
Forex Daily Analysis - The US dollar fell sharply on Friday after the Q2 GDP data showed that the US economy grew only 1.20%, much less than the forecast of 2.60%....