Wednesday 26th June: Dollar snaps four-day losing streak and forms daily bullish engulfing candle.
Key risk events today: New Zealand Official Cash Rate and RBNZ […]
Tuesday 25th June: Dollar continues edging lower on rate-cut expectation.
Key risk events today: RBA Assist Gov Bullock Speaks; OPEC Meetings; […]
Monday 24th June: Weekly technical outlook and review.
EUR/USD bulls went on the offensive last week, adding more than 160 points out of a long-standing demand area at 1.1119-1.1295.
Friday 21st June: Increased demand for safe-haven assets as the dollar continues to grind south.
Key risk events: French Flash Services PMI; French Flash Manufacturing PMI; […]
Thursday 20th June: Dollar index on defensive after Fed signals readiness to cut rates; trades sub 97.00.
EUR/USD: The single currency rose higher against its US counterpart Wednesday […]
Wednesday 19th June: Dollar index trades at weekly resistance 97.72 ahead of today’s crucial FOMC meeting.
EUR/USD: The euro witnessed a reasonably robust decline vs. its US […]
Tuesday 18th June: Dollar trades flat ahead of crucial FOMC minutes Wednesday.
EUR/USD: The single currency was uninspired Monday, with action likely restricted […]
Monday 17th June: Weekly technical outlook and review.
The US dollar index, or DXY, ascended to its highest level in almost two weeks Friday following promising retail sales data in May. US retail sales came in at +0.5%, short of the 0.6% expected.
Friday 14th June: Dollar crosses above 94.00 ahead of today’s retail sales figures.
EUR/USD: With upside attempts being limited at the 1.13 handle during […]
