MaiMarFX

The euro was initially supported by better than expected eurozone PMI reports but the moderate upward trend did not discourage dollar bulls from pushing the common currency for another test of 1.06....

The U.S. dollar advanced to new highs against the euro and British pound. The greenback resumed its uptrend in expectation the Fed will hike next month while other central banks are biased to ease....

One is always wiser in hindsight and so it turned out that it would have been a smarter decision yesterday to simply wait until the turmoil of the FOMC minutes has diminished. Despite the hawkish tone...

While the euro is clearly pointing downwards facing the 1.0620-area, the British pound showed its strength and climbed up to 1.5239 on a slight improvement in U.K. consumer prices. However, for...

Yesterday's price action was relatively muted after Paris attacks had only a small impact on the currency market. The overall sentiment is bearish as investors remain focused on expectations for a...

It is a sad start to this new trading week after the world was shaken by the horrific terror attacks in Paris on Friday. The euro responded to Europe's worst terror attack in a decade with a dip below...

The British pound knew only one direction yesterday: Upwards. U.K. employment data came in mixed, whereby wage growth slightly missed the market's expectations, but sterling continued its recent...

The euro came under pressure yesterday and dropped below 1.07. Given the bearish bias in the EUR/USD we had hoped for a steeper downward move towards 1.0650 but our efforts to let our winning...

Dear Traders,As expected, the U.K. inflation report has been the catalyst for the the big downward move in the British pound yesterday. The pound dropped like a stone and provided short-traders a nice...

Dear Traders, The U.S. dollar advanced against its major peers on the back of solid U.S. data and hawkish comments from Federal Reserve officials. Fed Chair Janet Yellen sounded optimistic at her...

The euro traded lower against the U.S. dollar Tuesday as the divergence in monetary policy between the ECB and the Federal Reserve puts further pressure on the EUR/USD. Investors are curious about the...

Dear Traders,There was only little consistency in the currencies' performances yesterday. While the euro preferred to trade sideways, the cable has been torn between better than expected U.K. PMI data...