The market is opening European trading in a more upbeat attitude, as the recent rally in stocks has prompted more risk-on trading in FX, with commodities currencies pulling marginally ahead on the day. The previous smaller ranges are continuing to…
Continue ReadingDespite weak retail sales, the Australian dollar remains stable. The Australian dollar has gained ground in the Friday session. The AUD/USD currency pair is currently trading at 0.7256, up 0.28 % on the day. The Australian dollar has had a…
Continue ReadingEuro-FX news roundup: The dollar is barely moved in light trade. Forex market news from the European trade session on August 26, 2021 FX was relatively quiet on the session as the dollar remained stable amid some mild pushing and…
Continue ReadingIn the second half of the week, EUR/USD trades in a tight range around 1.1760/70, with bullish momentum expected to continue. On Thursday, the EUR/USD remains moderately offered at 1.1760. The focus of investors has now shifted to the Jackson Hole event. The ECB's Accounts for the most recent meeting will be released. EUR/USD looks to the ECB, Wyoming On…
Continue ReadingAs NA traders arrive for the day, the USD is the strongest and the CAD is the weakest. As North American traders arrive for the day, the USD is the strongest and the CAD is the weakest. As traders pause…
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