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 […]
Thursday 13th June: Broad-based dollar buying has 97.00 in view as potential resistance.
EUR/USD: By way of a daily bearish engulfing formation, the euro […]
Wednesday 12th June: ECB President Mario Draghi takes centre stage today – remain vigilant.
EUR/USD: Outlook unchanged due to lacklustre movement. It was a quiet […]
Tuesday 11th June: Greenback attempting a recovery ahead of PPI numbers.
EUR/USD: Following Friday’s NFP-induced advance, the single currency encountered mild downside […]
