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This trading week has been, so far, not only volatile but also very profitable for traders. Yesterday, we saw the U.S. dollar gaining back ground against the euro and British pound ahead of...
We welcome you to new trading week which promises to be a more volatile one in terms of upcoming high level events. After a period of range-bound market movements traders now brace for larger swings...
As expected, the euro rejected the 1.2450-level in a first attempt but the single currency was able to hold above $ 1.24 ahead of the upcoming ECB monetary policy announcement. While no changes in...
Tuesday’s price action was characterized by ongoing U.S. dollar weakness. Both EUR/USD and GBP/USD traded upwards as traders saw little reason to push the USD higher with the trade-war-theme...
The euro initially rose towards 1.2365 at Monday’s open after the results of the Italian vote showed the Centre-right coalition ahead of the Eurosceptic Five Star Movement. The seat projections,...
The US dollar received a boost from hawkish comments from Federal Reserve Chair Jerome Powell who conducted his first congressional testimony on Tuesday. The Fed Chair noted that his outlook for the...
Both of our major currency pairs EUR/USD and GBP/USD closed out the last week with a relatively narrow trading range. The cable remained close to 1.40 amidst less negative Brexit headlines but still...
Tuesday was not a good day for sterling traders, or, more precisely, not for traders of the GBP/USD as this major pair was torn between a stronger pound on the one hand, and continued dollar strength...
The U.S. dollar experienced a rebound last Friday after the euro and British pound were unable to overcome crucial resistance levels. The euro rejected again from the upper barrier of its current...
The worst performer last Friday was the British pound which came under increased selling pressure, dropping to a low of 1.3764. The reason for the sharp sell-off in the GBP/USD was not only the U.S....
It’s Super Thursday at the Bank of England, which means we get a rate decision along with the Quarterly Inflation Report and comments from BoE Governor Mark Carney. Today’s meeting is the...
The U.S. dollar received a boost from Friday’s Non-Farm Payrolls report which came in above expectations. The biggest question among traders is now, whether the dollar’s recovery will be...
What a trading day! The US Dollar Index Futures extended its slide against other major currencies on the back of protectionism while the pound’s rally intensified the uptrend in...
The best performer at the beginning of this week was undoubtedly the British pound which took a short glimpse above 1.40 amidst a more upbeat mood among investors regarding Brexit talks. The pound...
Market participants brace for bearish reversals in EUR/USD and GBP/USD ahead of Thursday’s ECB meeting and important data releases from the U.S. and U.K. due on Friday.The biggest question in...
The euro came under pressure Wednesday after ECB officials addressed the pace of the euro’s rise, which is only natural after the single currency’s rapid appreciation. Governing Council...
The euro experienced a strong increase of more than 3 percent versus the USD following last week’s ECB minutes that hinted at a potentially faster than previously anticipated QE exit. Moreover,...