Cable dragged lower by EURUSD

Cable has been dragged lower by declines in EURUSD, which has driven the pair to a two-month low at 1.2944. The Pound concurrently ebbed against...

No brakes for Swissy?

USDCHF & EURCHF Swiss under-performance continues strongly. USDCHF and EURCHF's impressive rally, now in its 5th week, is at the loftiest level seen since January...

The weak Eurozone PMI data supports dovish ECB

EURUSD, H4 Eurozone preliminary PMI readings disappoint, with data showing that the manufacturing sector remains stuck in recession. The overall Eurozone manufacturing reading came in...

Data back a steady BoC

USDCAD The decidedly data dependent Bank of Canada has maintained that the current sluggish growth performance is a detour from the expansionary path that prevailed...

Sterling continues to slip awaiting Brexit news

GBPUSD, H1, Daily The Pound took a dip on sub-forecast UK CPI data, headline CPI coming in at a rate of 1.9% y/y, unchanged from...

EURUSD Continues Sideways

Despite negative US capacity utilization data and positive news regarding April's Economic Sentiment, the Euro was unable to break through the weak 1.1314 Resistance...

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