GBP/USD and EUR/USD ran out of fuel
The Pound completed the comeback and reached the resistance line. The Euro passed the 1.50 hurdle but didn’t make a convincing break. What’s next for these currencies? GBP/USD is out …
Read MoreThe Pound completed the comeback and reached the resistance line. The Euro passed the 1.50 hurdle but didn’t make a convincing break. What’s next for these currencies? GBP/USD is out …
Read MoreThe BOC Statement remained almost unchanged, with a rate hike not expected in the next 8 months. The Canadian dollar reacted with a plunge across the board. The rate decision …
Read MoreNZD/USD, the kiwi, reached new Year to date highs, passing 0.75 at the beginning of the new week. Is the market expecting a rate hike next week? Forex trading began …
Read MoreThe US dollar finished the period of grace and returned to falling. The Aussie is at new highs, and the Pound is continuing its comeback. Who stays behind this time? …
Read MoreThe British Pound made a huge comeback and is winning all across the board. Today, the Pound isn’t left behind. Stopping the QE program is one reason, but not the …
Read MoreA new wave of dollar weakness brings the Canadian dollar and the Swiss Franc closer to parity. Both just made strong moves, but have different characteristics. USD/CAD The Canadian dollar …
Read MoreThe British Pound is falling on all fronts. Mervyn King released two Pound-bearish statements that the sent Pound way down, despite better than expected inflation figures. For GBP/USD, 1.6660 is …
Read MoreThe interest rate in New Zealand remained unchanged at 2.5%. In the official RBNZ rate statement, the first paragraph talks about recovery while the last paragraph hints of future rate …
Read MoreAfter yesterday’s dollar fall and breakouts, the greenback made a small recovery. At the start of the New York session, the dollar tumbles again. For some currencies, this means erasing …
Read MoreThe US dollar gives in to pressure and falls across the board – with serious breakouts, including in EUR/USD. This time it isn’t only risk aversion: also the Japanese Yen …
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