Monday 1st July: Weekly technical outlook and review.
Macroeconomic data out of both the US and Europe was largely ignored Friday, as price continued to emphasise a consolidative phase into the close. The market clearly remains on the sidelines ahead of the critical trade talks at the G20 summit in Japan, Osaka.
Thursday 27th June: Dollar robust ahead of 96.00 ahead of US final GDP data.
Key risk events today: German Prelim CPI m/m; US Final GDP […]
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 […]
