Following the bounce off the 0.8530 support region, the EURGBP is constructing an upside rally. However, since April 26, the market has been developing within a declining channel. A boost could break this pattern to the upside in the coming…
Continue ReadingThe USD is stronger to start the trading week. The GBP is the strongest currency in North American trading, while the NZD is the weakest. With the exception of the GBP, the USD is stronger against all major currencies. The…
Continue ReadingMajor currencies have remained largely unchanged, while equities have been volatile. There was a tiny bullish bias for European shares at the beginning, but that has all turned around now, with the DAX down 0.2%. US futures have likewise lost…
Continue ReadingGBP is remains weak after yesterday's BoE disappointment, while NZD is strong due to Eamonn's earlier report on positive trade balance and employment figures. Risk on tones were felt across markets when the market opened with gousto due to President…
Continue ReadingThe dollar is stronger, but most currencies are close together ahead of Powell's speech. The NZD is the strongest currency in the North American session, while the GBP is the weakest. With the exception of the New Zealand dollar, the…
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