A parade of UK data will be due at 08:30 which will probably affect the pair’s movement. Public finances deficit is predicted to widen to 14.0 billion pounds in March from the prior 7.0 billion pounds. Also,...
The EUR/USD surged higher on Wednesday as the dollar slumped and the common currency returned to the upside with the ragging return of the risk appetite to the market.
The AUD/USD continues to show strength today as it hangs around the 1.0550 area. It seems that every time the pair falls, it simply refuses to do so in any significant manner. Because of this, it is...
The EUR/USD reversed course today, showing how much underlying strength there is in the marketplace. Because of this, it still appears that buying is the way to go. However, it should be noted that the 1.45 mark...
The USD/CHF rose today, showing that the buyers are starting to gain momentum at these extremely low levels. However, this is simply going to be a bounce more than likely since the trend is so decidedly bearish....
The USD/CAD fell today, continuing its massive bearish trend of the last few years. We are currently testing the all-time lows, and if history is any indicator, we will break through. With the price of oil rising...
The USD/CAD pair dropped heavily on Tuesday after official data from Canada showed that inflationary pressures mounted in March, where headline and core CPI rose well above expectations, which ignited speculations that the Bank of Canada will...
The market sentiment took a turn to positive on Tuesday and with it the EUR/USD turned higher. The euro was bolstered by the quickening expansion in the German and euro area manufacturing sector, offsetting the decline in...
The main highlight today will be on BoE minutes for April’s rate decision which included no change in monetary policy as policy makers opted to leave both interest rate and APF steady at 0.50% and 200 billion...
Amid the absence of data from the Swiss economy, the pair’s movements will probably depend on the US data due today. As of 14:00 GMT, the US will release existing home sales for the month of March,...
