Wednesday 7th August: Dollar index attempts recovery though remains capped by notable resistance.
Key risk events today: German Industrial Production m/m; RBA Assist Gov. […]
Tuesday 6th August: Dollar index eyes 97.00 after engulfing key support at 97.72.
Key risk events today: RBA Cash Rate and Rate Statement; FOMC […]
Monday 5th August: Weekly technical outlook and review.
Europe’s single currency relinquished additional ground to the dollar last week, clocking multi-year lows of 1.1026. Long-standing demand at 1.1119-1.1295, which capped downside since November 2018, is now in a vulnerable position after having its lower edge firmly submerged.
Friday 2nd August: Dollar reclaims a portion of gains ahead of today’s employment data.
Key risk events today: Canada Trade Balance; US Average Hourly Earnings, […]
Thursday 1st August: Dollar hits highest level since May 2017 following latest Fed movement.
Key risk events today: Swiss banks are closed in observance of […]
Wednesday 31st July: Dollar holding north of 98.00 as Fed focus takes centre stage.
Key risk events today: Spanish Flash GDP q/q; Euro CPI Flash […]
Tuesday 30th July: Sterling sinks to 28-month low amid Brexit fears.
Key risk events today: BoJ Outlook Report, Monetary Policy Statement and […]
Monday 29th July: Weekly technical outlook and review.
The British pound has been grinding lower against its US counterpart, gradually tunnelling through bids residing within long-standing demand at 1.2365-1.2615.
Friday 26th July: Dollar approaches 98.00 ahead of today’s growth data.
Key risk events today: German Import Prices m/m; US Advance GDP […]
