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 broad markets appear to be in rocket mode. The EUR and GBP have gained against the USD along with most of the other benchmark currencies. Investors, going into this long holiday weekend, appear to be downplaying...
Wednesday’s relatively thin market conditions have apparently granted support to the euro and other commodity-linked currencies. Tensions appear to be easing in regards to recent flare-ups in debt woes in the US and Europe, which have helped...
Greetings and welcome back. Let’s pull up the EUR/USD chart. We’re currently flirting with a major trend line and this may help signal the continuation of the bullish trend.
The rally of the euro and the pound.
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...
