GBP/USD has failed to hold above 1.38 as the dollar gained fresh ground. US Retail Sales will likely dominate trading, overshadowing Britain’s reopening. Thursday’s four-hour chart is painting a mixed …
Read More
EUR/USD has retreated as the Fed has begun mulling withdrawing stimulus ahead of US Retail Sales. Vaccine delays in Europe continue weighing on the common currency. Thursday’s four-hour chart is …
Read More
GBP/USD has been benefiting from dollar weakness to advance toward 1.38. The possibility of mixing vaccines may strengthen Britain’s resilience to supply shocks. Wednesday’s four-hour chart is showing that cable …
Read More
EUR/USD has been riding higher after US inflation fell short of investors’ fears. The halting of J&J’s vaccine distribution may delay Europe’s exit from the covid crisis. Wednesday’s four-hour chart …
Read More
GBP/USD is turning down as concerns about Johnson & Johnson’s vaccines grip markets. Sterling continues benefitting from a rapid British vaccination campaign and Britain’s reopening. Tuesday’s four-hour chart is showing …
Read More
EUR/USD has been under pressure as US yields rise once again. Elevated expectations for US inflation figures may result in a disappointment, weighing on the dollar. Tuesday’s four-hour chart is …
Read More
GBP/USD has bounced from the triple bottom as the UK reopens. Brexit issues, US inflation and concerns, and vaccine scares may curb bulls’ enthusiasm. Monday’s four-hour char is showing bears …
Read More
EUR/USD has kicked off the week on the back foot amid US inflation concerns. Worries about the virus’ spread in Europe is one of the reasons weighing on the euro. …
Read More
GBP/USD has been under pressure as Brexit concerns join covid ones. The dollar may be poised for a comeback after several days under pressure. Friday’s four-hour chart is pointing to …
Read More
EUR/USD has been benefiting from Fed Powell’s dovish comments. Virus and fiscal concerns in Europe and profit-taking on Wall Street may trigger a setback. Friday’s four-hour chart is showing that …
Read More