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FX Update – August 12

GBPUSD, H1 A risk-off theme propelled the Yen higher while the likes of the China-proxy Australian Dollar, and many developing-world currencies, underperformed. The Brexit-afflicted Pound also...

GBP lower ahead of Labour data

GBP lower ahead of Labour data - The main dollar pairings have been trading in narrow ranges, with Cable being an outlier as it...

AUDUSD re-takes 0.70000

AUDUSD, H4 The USD traded softer heading into the London interbank open, retracing from the gains seen yesterday following a near 10 bp spike in...

RBA Cut Again – USD Holds Gains

Two consecutive rate cuts from the RBA; AUDUSD comfortably under 0.7000 as EURUSD moves under 1.1300 and Cable moves down. Click here to access the Economic Calendar Stuart...

Commodity Currencies Bid into Month-End

Commodity Currencies, Daily As week, month, quarter and half year all conclude, the key commodity currencies have all breached key psychological levels today. USDCAD has...

USD Consolidates as Trade Tensions Simmer

Trade tensions are not far from the surface as USD consolidates into the European session. Click here to access the Economic Calendar Stuart Cowell Head Market Analyst Disclaimer: This material...

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