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 […]
Monday 10th June: Weekly technical outlook and review.
Total nonfarm payroll employment edged up in May (+75,000); the unemployment rate remained at 3.6% and average hourly earnings also ticked lower by 0.2% vs. expected 0.3%, the US Bureau of Labour Statistics reported Friday.
Thursday 6th June: Greenback derives fresh impetus amid upbeat non-manufacturing data.
EUR/USD: Wednesday witnessed additional USD selling materialise ahead of US trading, […]
Wednesday 5th June: Dollar prints third consecutive daily loss; eyes 97.00.
EUR/USD: In recent sessions, market participants witnessed the EUR/USD’s advance run […]
Tuesday 4th June: Dollar targets 97.00 as Fed’s Bullard unbolts the door for a potential rate cut.
EUR/USD: EUR/USD bulls firmly entered an offensive phase Monday, adding 0.64%. […]
