Sterling Storms On

  GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers...

FX Update – July 31 – Dollar Down Again

USDIndex, Monthly The Dollar continued lower in what is now the biggest monthly decline the US currency has seen in a decade. The narrow trade-weighted...

US GDP & Claims data

EURUSD, H1 The US advance GDP report beat estimates with a -32.9% Q2 contraction rate that was a modestly smaller drop than feared, though it...

FX Update – July 29 – USD got a break but not for long

USDJPY, H1 The Dollar relief rally yesterday and dip today is consolidating the sharp declines seen over the prior 10 days. The narrow trade-weighted USDIndex...

US Durable Goods Shine – USD Wallows at Lows

EURUSD, H1 US Durable Goods Orders rose 7.3% in June after a 15.1% (was 15.7%) bounce in May (second highest on record) following the -18.3%...

FX Update – July 27 – USD tracks lower, again

The Dollar continues to drop, printing fresh trend highs against the Euro and other currencies. The narrow trade-weighted USDIndex (DXY) fell over 0.5% to...

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