The GBP/USD pair fell hard on the Monday session as the rally finally stalled. This wasn’t a big surprise on a day that saw so much risk aversion in general, especially since the pair has been so...
AUD/USD fell during the session on Monday as the “risk off” trade came back. The fears of recession now are back out there as the Spanish situation continues to deteriorate. Because of this, risk assets in general...
The USD/CAD pair shot straight up on Monday as traders reacted to the poor GDP numbers out of Ottawa. The Canadians reported a GDP of -0.2% m/m, while the market was expecting a reading of 0.2%.
