Daily Look

The pound got a boost this week as the minutes from the last Bank of England Monetary Policy Committee cut a hawkish tone. They stated that the decision between holding …

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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 …

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EURUSD Daily Pivots R3 1.0911 R2 1.0841 R1 1.079 Pivot 1.0724 S1 1.0668 S2 1.0603 S3 1.0547   EURUSD saw a brief decline to the support level at 1.063 before …

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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 …

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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 …

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EURUSD Daily Pivots R3 1.0908 R2 1.0864 R1 1.0799 Pivot 1.0755 S1 1.069 S2 1.0646 S3 1.0582   Failure to move any higher has seen the EURUSD drift lower for …

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The US dollar struggled last week and market participants are increasingly challenging the ability of the greenback to continue the upward trend that it commenced last summer. The dollar index …

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EURUSD Daily Pivots R3 1.1036 R2 1.0927 R1 1.0843 Pivot 1.0733 S1 1.065 S2 1.0539 S3 1.0457   EURUSD made a new monthly high near 1.08505 levels last week but …

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In the ancient epic poem known as the Odyssey, the Greek king Odysseus was forced to navigate a narrow strait between the six-headed sea monster named Scylla, and a ship-eating …

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The story for most of this week was one of the dollar’s weakness. After the soft jobs data last week, US data continued to disappoint throughout last week. It started …

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