Tag: GBPUSD
Mixed Dollar as Risk aversion makes a comeback
Risk off trade dominated overnight after the disappointing FOMC minutes. US-China frictions are also rubbing the markets, though the two nations have again agreed...
US Housing Robustness Continues
GBPUSD, H1
US housing starts climbed 22.6% in July to a hefty 1.496 mln pace, much stronger than expected, after the 17.5% June surge to...
FX Update – August 18 – Dollar in the Doldrums
USDIndex, H4 & Monthly
The Dollar has continued to weaken, which pushed the USDIndex (DXY) to a new 27-month low at 92.30. EURUSD correspondingly rose...
FX Update – August 13 – Weaker Dollar & Stronger Sterling
The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the...
FX Update – August 12 – US Inflation Rises Again
EURUSD, H1
The July CPI report sharply beat estimates with gains of 0.6% for both the headline and core, following respective June gains of 0.6%...
FX Update – August 11 – Risk On Vibe?
USDIndex, Daily
The narrow trade-weighted USDIndex edged out a one-week high at 93.71, making this the third consecutive trading day a higher high has been...
